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India plays two matches each with West Indies and Australia. In any match, the probabilities of India getting points 0, 1 and 2 are 0.45, 50 and 0.50 respectively. Assuming that the outcomes are independent, the probability of India getting at least 7 points is
(a) 0.8750
(b) 0.0875
(c) 0.0625
(d) 0.0250
Assuming that this value is the mean of a normal distribution, and that the standard deviation of the distribution is 3%, what is the value of private consumption as share of GDP such that you are 90% sure that the actual value falls below it?
Suppose fXng is a stationary Markov chain. Let Yn D X2n. Prove or disprove that fYng is a stationary Markov chain. How about fX3ng? fXkng for a general k?
suppose that earthquakes occur in the western u.s. in accordance with a poisson distribution with a mean of 2 per week.
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A function sometimes associated with a continuous nonnegative random variable is the failure rate (or hazard rate) function which is defined as:
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A hardware retailer has average sales of $64,235 with a standard deviation of $5,918 for a 12-month period. The mean monthly sales for all retailers in the chain are $59,844. Is this hardware retailer's sales significantly different from all retai..
An entomologist is studying the effect of a chemical sex attractant (pheromone) on insects. Several insects are released at a site equidistant from the pheromone under study and a control substance.
What are the differences between a two sample t-test and ANOVA hypothesis testing? When would you use ANOVA at your place of employment, in your education, or in politics?
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