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A Discrete random variable can be described as Binomial distribution if is satisfies four conditions, Briefly discuss each of these conditions
The table shows the retail market share of passenger cars from Ford Motor Company as a percent of the US market.
Find the value of Z-score- standard normal distribution.Find out a value of the standard normal random variable z, call it z0.
What is the predictive value of a negative test result? In other words, what is the probability that an individual who returns a negative tests for hypertension is not hypertensive? Please give your answer to 3 decimal places.
suppose a garage has 2 gates one with poisson distribution of 3 carshour and the other gate 4 carshour. what is the
In a speech to the Chamber of Commerce, a city councilman claims that in his city less than 15% of the adult male population is unemployed.
q1. consider throwing 2 usual dice. in each play we observe the number of dots that stay on top sum the returned result
Marie claims she can predict the sex of pregnant women's babies for first-time new mothers. She sees 1000 women a year, and she always predicts a female. She charges $1000 for a prediction
Firm D has net income of $27,900, sales of $930,000, and average total assets of $465,000. Calculate the firm's margin, turnover, and ROI.
An experiment is designed to test the effectiveness of a specific type of gender selection process, using 15 couples trying to have baby girls.
With probabilities 0.8, 0.1, 0.08 and 0.02 respectively. A particular company offers a $500 deductible policy. If the company wishes its expected profit to be $100, what premium should it charge?
Second treatment had M = 52 with s^2 = 36. Do these data point to significant difference between two treatments? Use the two-tailed test with α = .05.
What is Dutch book argument for the first axiom of probability (the one that says that the probability of a sentence is never less than 0 or more than 1)?
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