Drive around a county and observe number of houses built

Assignment Help Basic Computer Science

Reference no: EM131239356

Once each week for a year, you drive around a county and observe the number of houses being built. You record the number each week. Is it reasonable to think of these 52 counts as a random sample from a Poisson distribution with mean µ? Why or why not? (Hint: it can take several months, or even longer, to build a house. Is construction cyclic?)

Reference no: EM131239356

Questions Cloud

Evaluation of corporate performance : Evaluation of Corporate Performance - The Final Paper will involve applying the concepts learned in class to an analysis of a company using data from its annual report

Create transaction deposit accounts : Explain how a bank's ability to create transaction deposit accounts through loans creates money.

What was main problem faced by the abbasid empire : Which of the following was not a reason for the success of Muhammad and his followers in spreading Islam? What was main problem faced by the Abbasid Empire?

Discuss the cause of the inaccuracy in the original code : Create an application that determines miles-per-gallon, if you know the number of miles driven and number of gallons of gas you put in the tank - Be sure to test the application with a variety of values before you proceed to Part 2. The program pr..

Drive around a county and observe number of houses built : Is it reasonable to think of these 52 counts as a random sample from a Poisson distribution with mean µ? Why or why not? (Hint: it can take several months, or even longer, to build a house. Is construction cyclic?)

Discuss the simple mechanism from increase cash rate : One senior economist thinks it is likely that the interest rate would rise in the second half of the year. Discuss the simple mechanism from an increase cash rate in the official sort term money market to other interest rates and finally to change..

Supply of oil decreased : The Wall Street Journal (newspaper) of September 9, 2016, reported "recent tropical storms and hurricanes in the Gulf of Mexico interrupted oil shipments to oil refineries in the area." When an economist says the "supply of oil decreased" she means t..

Most new residential real estate agents are salaried : Which of the following careers in real estate would involve primarily working with local governments and civic groups for the purpose of anticipating future growth and land use changes? Property owners who deal only with their own property are not re..

Describe the policy and operational context : Explain how regulations impart health care organization. Describe the policy and operational context of health care regulation.

User Account

All Pages