Calculate the expected value

Assignment Help Basic Statistics
Reference no: EM132501640

1. A particular event has a probability of occurrence of p=0.65. Given 12 independent trials, draw the probability distribution and calculate the expected value.

2. A particular event has a probability of occurrence of p=0.65. If each outcome is independent of the last, draw the probability distribution associated with the event not occurring a given number of consecutive times and calculate the expected value.

3. Given the following scenario, determine which distribution (binomial, geometric, hypergeometric) is the most appropriate to model it? Rank the distributions from most appropriate to least appropriate. Explain the reason(s). "1600 students attend BOSS. It is determined that 70% of all BOSS students wear glasses. If groups of 50 students were selected at random, how many of them would be wearing glasses?"

Reference no: EM132501640

Questions Cloud

Test the manufacture claim : Test the manufacture's claim at the a=0.01 level of significance level using: a) P-Value method b) Critical Value method
Conduct a hypothesis test to see if there is compelling : Walter knows he hires a lot of risk-takers, but he is nevertheless surprised to see that 15 of the 36 employees in his sample visited an emergency room
Develops a relationship with a client : Explain how the creative team within an advertising agency utilizes "appeals" and message strategies in the process of designing an advertising campaign
Which negotiation model will you use for the policy : Create a PowerPoint presentation for the Board of Directors with the proposed negotiation policy. The proposal should address the following and provide support.
Calculate the expected value : 1. A particular event has a probability of occurrence of p=0.65. Given 12 independent trials, draw the probability distribution and calculate the expected value
What level of measure should the output : A doctor at Lakeside is conducting a study and plans on using the T-Test. What level of measure should the output variable be in order to use the t-test?
Define general conceptual model : Define General conceptual model. Design your own conceptual model and elaborate the hypothesis between the variables that you will be testing.
Hi5017 managerial accounting assignment : HI5017 Managerial Accounting Assignment Help and Solution, Holmes Institute - Assessment Writing Service - evaluate the various approaches to performance
Sampling distribution of the average weekly earnings : What is the mean and standard error (S.E.(x-bar)) of the sampling distribution of the average weekly earnings in the sample?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd