User Account

All Pages

Compute the variance

Assignment Help Business Management
Reference no: EM131288085

An instructor allows students to take an exam as many times as needed until the student obtains a passing grade. The following is a record of the number of students in a class of 20 who took the test and the number of tests taken in order to obtain a passing grade.

Students

Number of Tests

9

1

6

2

3

3

2

4

1. Use the relative frequency approach to construct a probability distribution and show that it satisfies the required condition.

2. Find the expected value of the number of tests taken.

3. Compute the variance.

4. Compute the standard deviation.

Reference no: EM131288085

Questions Cloud

Find out which has the higher energy return rate : Do some research and find out which has the higher energy return rate; the plastics or the paper products? Discuss the pros and cons of burning plastics versus paper products for their energy.
What are the major differences between tcp and udp : What are the advantages of using a theoretical model to describe networking?
Expand the brief and write an in-depth analysis of your bill : Expand the brief and write an in-depth analysis of your bill/issue. In this assignment, select the "point of view" you will represent in your written analysis (e.g. chronic illness in the elderly; reduce hospital readmission related to rural areas..
Bond pays semi-annual interest : On January 1, 2016 Nezcorp issues a 1-year 10% $100,000,000 bond in a 7% market. bond pays semi-annual interest. What if the bond was issued on February 1 rather than on January 1 (round all numbers to nearest dollar)?
Compute the variance : 1. Use the relative frequency approach to construct a probability distribution and show that it satisfies the required condition. 2. Find the expected value of the number of tests taken. 3. Compute the variance. 4. Compute the standard deviation.
What is the present value of your inheritance : You will receive a $100,000 inheritance in 20 years. Your investments earn 6% per year, compounded annually. To the nearest hundred dollars, what is the present value of your inheritance?
Investment affects economic and social development : 1. Explain how trade and investment affects economic and social development. Provide example of a country that had economic and social development from trade and investment. Also, provide example of a country that receives little to no trade. Plea..
What is the amount of goods available for sale : At the beginning of the year, Kelly Sales had $2,400 of merchandise inventory. During the year, Kelly purchased $22,000 of inventory. At the end of the year, a count of the inventory revealed that Kelly had $1,600 of inventory on hand. What is the am..
Discuss the theory of absolute advantage : 1. Explain and discuss the Theory of Absolute Advantage. How does it differ from the Theory of comparative advantage? Make up your own example. Please cite your source.

Reviews

Write a Review

Business Management Questions & Answers

  Summarize the generic strategy employed by the company

Summarize the generic strategy employed by the company and how it helps the company achieve sustained competitive advantage. Which of the generic competitive strategy options is starbuck pursuing?

  Examine the risks and rewards with vendor relationships

Examine the risks and rewards with vendor relationships.

  Hospital needs to consider in layout design

Identify the many variables that a hospital needs to consider in layout design.

  What is the total market value of its equity

What is the price of Consolidated stock and what is the total market value of its equity? (Enter your answer in millions.)

  Comprehensive federal law on health care

The PPACA is considered the most comprehensive federal law on health care since the inception of Medicare and Medicaid.

  Explain about business excellence model

Business Excellence Model - Explain how can your organization use BEM to enhance performance?

  Question regarding the vroom expectancy theory

How does the concepts from Locke's Goal Setting Theory be incorporated into Vroom's Expectancy Theory? From the The five functions of Effective Management.

  Case analysis: rick new job

Case Analysis: Rick's New Job

  The online application process over the traditional

More companies are turning to the online application process over the traditional paper methods. What are the advantages and challenges for both employers and candidates? How does the online process affect you as a candidate? How will you cust..

  Major cultural and institutional differences

Identify some major cultural and institutional differences between the two countries, and analyse how such differences would affect managerial practices such as human resource management, communication, and motivation, and the like.

  Basis for ethical action

Moral Relativism refers to being able to define ethical behavior based upon the context. Which do you agree with as a basis for ethical action and why?

  Explain does a person who works for the government

Explain Does a person who works for the government have fewer rights than a person who works for a private employer?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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