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Question 1
1.1 A discrete random variable can be described by the binomial distribution if it satisfies four conditions. State these conditions
1.2 A section committee consisting of 10 members is to be formed from a group of 20 employees at a firm. Of the 20 employees, twelve are female. Calculate the probability that at most B committee member will be female.
1.3 State four properties of the normal distribution function
1.4 The mean monthly salary of the employees of a local salary is R.4500. Assuming that the salaries are approximately normally distributed with a standard devotion of 6500, approximately what percentage of these workers earn monthly salaries in access of 6000?
Question 2
x- values ; 2,6,11,13,15
y- values ; 12, 8, 7,4 2
5.1) draw a scatter diagram depicting the data.
5.2) calculate Pearson''s correlation coefficient.
5.3) Determine the linear regression equation.
Evaluate the probability that such a failure will take place in the event of an accident and What is the contractual MTTF
Probability and probability distributions, which includes computing probability for discrete data, computing probability for continuous data
The Rolling Creek Textile Mill produces denim. The fixed monthly cost is $21,000 and the variable cost per yard of denim is $0.45. The mill sells a yard of denim for $1.30.
They do not want to win for the sake of winning by any means necessary, they want you to discover the honest truth about how reasonable their beliefs are. Which of their beliefs can be supported with 95% confidence? Which of their beliefs can be s..
The professor wants to know the standard deviation of the grades - Which of the following descriptions of confidence interval is correct
How many standard deviations is the sample mean from the mean of the sampling distribution?
What is the difference between liquidity and debt (leverage) ratios? What is the difference between return on assets and return on equity from the perspective of an investor? A manager?
What is the percentage of scores falling between the mean and a raw score of 84 and what is the probability of a score falling above a raw score of 86?
Show that the chain is reversible and find the steady-state probabilities {πi} in simplest form. Find a condition on {P0j; j ≥ 0} and {Pj0; j ≥ 0} that is sufficient to ensure that all states are positive recurrent.
A company currently has 10 percent coupon bonds on the market that sell for 1,063, make semiannual payments, and mature in 20 years. What coupon rate should the company set on its new bonds if it wants them to sell at par?
What is the score of Telephone, what is the score of Cellular and what is the score of Cable
The normal time to complete this activity is 8 days and crash time is 4 days. If this activity is crashed by 2 days it will cost an additional - statements regarding project crashing
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