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A discrete probability is the likelihood that certain discrete data will occur. What is discrete data? Consider a scenario where you could use a discrete probability to predict the likelihood of an event. How would you determine the probability? How could you use this to support your position in a proposal?
The estimated age-adjusted percent of persons 18 years of age and over who smoke cigarettes are shown below for females and males for selected years.
Determine the probability that no female are hired. Determine the mean and standard deviation of X.
Use a 0.05 significance level to test the claim of a cereal lobbyist that the mean for all cereals is less than 0.3g.
How might variance and standard deviation be applied to a real-world business-related problem? Provide a specific application in which these measures are useful.
Calculate the MEAN and STANDARD DEVIATION for the distribution below:
Devise a method for estimating and plotting Bayesian credible regions for the paramters, using your MCMC sample and compute LS estimators of a and b,
Assume that 13 % of the population of the U.S. is left-handed. If a random sample of 180 people from the U.S. is chosen, approximate the probability that fewer than 26 are left-handed.
Compute the standard error of the sampling distribution of sample means.
Using WSJ or IBD look up the following stocks: General Electric, General Motors, Microsoft and Intel and answer the following questions for each stock. You may have to refer to several issues of your newspaper for all of the information if the pap..
Compute the two groups using Paired sample t-test. Compute which modification reduced the number of traffic accidents
A new-car dealer is leasing various brand-new models for the monthly rates(in dollars) listed below. Estimate the true population variance and standard deviation in leasing rate with 90% confidence.
Does the regression equation account for a significant portion of the variance in the cognitive scores? Use a=.05 to evaluate the F-ratio.
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