De?ne what is meant by a continuous variable

Assignment Help Basic Statistics
Reference no: EM13896005

(a) De?ne what is meant by a continuous variable and give some examples.

(b) De?ne what is meant by a continuous probability distribution.

(c) Derive the formula for the expected value and variance of a continuous probability distribution.

Reference no: EM13896005

Questions Cloud

What is the annual value of the investment cost : Florida is considering construction of a flood control dike having a life span of 16 years. The investment require is $60,00 and annual maintenance costs of $5,000. The project will provide no benefits for the first two years but will save $24,000 pe..
What is a normal distribution : What is a normal distribution and What is its usefulness?
Applications of four different bank to merge with other bank : Suppose the Federal Reserve is considering the applications of four different banks to merge with other banks. Given the level of the new HHI and the change in the HHI shown below, in which case could the Fed challenge the merger?
Significant obstacles to obtaining an education : Outline the most significant obstacles to obtaining an education in developing countries. Suggest at least two (2) reasons why education should be a priority in the developing world.
De?ne what is meant by a continuous variable : De?ne what is meant by a continuous variable and give some examples. De?ne what is meant by a continuous probability distribution.
Total compensation-banks spread : In a recent year, a bank earned $12 million in interest on its assets of $177 million, it paid out $8 million in interest on its liabilities (excluding capital) of $172 million, and it paid its workers $3 million in total compensation. The bank's spr..
What conflict rituals exist in your relationship? : What conflict rituals exist in your relationship?
Large scale operations are more or less efficient : Would you argue that large scale operations are more or less efficient or that they have too much market power? Do they reduce consumer choice? What is your position?
Monopolist demand curve and curve are separate : A monopolist demand curve and MR curve are separate. There are two different customers with two different elasticities but you still want to maximize profit (with MR=MC for each customer separately). A price discriminating defence monopolist manufact..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find probability that a resident plays poker

If 45% of the residents play poker and garden and 50% of the residents play both shuffleboard and poker, find the probability that a resident plays poker, given that they garden (that is, find P(poker | garden)

  Determining the probability in class using table

Determine the probability in big class that both sections are covered? Only one section? Neither section?  Determine the expected number of sections covered?

  How many ways hairline crack if order of selection matter

In how many ways can at least one of the 3 selected vials have a hairline crack if the order of selection does not matter?

  A single die is rolled 3 times determine the probability of

a single die is rolled 3 times. determine the probability of getting all

  Find the probability that in a given box the cordials

a candy company distributes boxes of chocolates with a mixture of creams toffees and cordials. suppose that the weight

  The probability that a person in the united states has type

the probability that a person in the united states has type o blood is 40. three unrelated americans are selected at

  Average mean of the new list

Suppose that the two lists are combined to produce a new list of 18 values. What is the average (mean) of this new list?

  Purpose of sampling-operational definition

What characterizes a regular definition (dictionary) and an operational definition? What is the purpose of sampling?

  Are you annoyed with spam e-mail suppose a random sample

are you annoyed with spam e-mail? suppose a random sample of 200 penn state students was asked this question of which

  Determine how many people you would have to sample in order

suppose you want to estimate the proportion of people in your community who would choose thin mints as their favorite

  The proportion of sales less than $21,000 per month

The monthly average sales of the Smiling Ninja Computer Company may be approximated to a normal distribution curve. It has a mean of $22,000 and a standard deviation of $3,300.

  The board of a pharmaceutical company has eleven members

the board of a pharmaceutical company has eleven members. one board member will be selected as vice president of

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