Mean-standard deviation uniformly distributed random integer

Assignment Help Basic Statistics
Reference no: EM13151288

An auditor for a medical insurance company selects a random sample of prescription drug claims for evaluation of correct payment by company experts. The claims were selected at random from a database of 500,000 claims by using uniform random numbers between 1 and 500,000. To verify that the random numbers really were from a uniform distribution, the auditor calculated the mean and standard deviation of the random numbers. What should the mean and standard deviation be if these were uniformly distributed random integers? Need to find Mean and Standard Deviation?

Reference no: EM13151288

Questions Cloud

What part of amino acids control how proteins fold : How do 2 tryptophans interact with each other? What other amino acids exhibit similar behavior?
Discuss an increase in the personal income tax will slow : Discuss an increase in the personal income tax will slow the growth rate of the economy.
Change in the estimated salvage value : The vehicle cost $23,000 and its estimated salvage value is $1,500. After 4 years of straight-line depreciation, the asset's total estimated useful life was revised from 8 years to 6 years and there was no change in the estimated salvage value. Th..
Describe three common types of secondary structural : Describe three common types of secondary structural elements found in many globular proteins. What are the prominent forces that are involved in maintaining these structures? Would the same forces apply if the protein were dissolved in a non-aqueo..
Mean-standard deviation uniformly distributed random integer : What should the mean and standard deviation be if these were uniformly distributed random integers? Need to find Mean and Standard Deviation?
What is the overhead rate per hour? : contemplating awarding a contract to the Azusa Manufacturing company for the assembly of wiring harnesses. Included in the cost estimate was 3,000 hours of direct labor. The company uses a plant-wide overhead rate. Assume that the projected overhead ..
Compute the volume actually occupied by the atoms : Consider an aluminum atom to be a sphere with radius equal to 143 pm and calculate the volume actually occupied by the atoms in your aluminum cylinder
Why does a larger government budget deficit increase : Why does a larger government budget deficit increase the magnitude of the crowding-out effect and how does the multiplier work and what might government use it for?
Rank order these three ideas : Name 5 stylized facts about the business cycle.2. Rank order these three ideas from "most optimistic about how a temporary tax raises consumer spending" to "least optimistic" about the same, and explain.

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