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You can just switch on the heater of your swimming pool / sauna / living room etc. But if you want to be calculate what time you should switch it on, to make sure that it is not heated up too early (save energy) or too late, you would use the logarithmic functions.
Show in detail, how these situations can be represented by a logarithmic functions.
An HMO is considering a marketing plan targeting patients with chronic diseases to increase the number getting a flu shot. Some preliminary analyses are conducted before implementing such a plan.
Setermine the probability that a specific driver had exactly two violations?
Draw the distribution of the random variable X, representing her time of arrival. (Be sure to include labels and values on the axes.)
Multiple choices based on regression analysis - the percentage of variation in the dependent variable explained by the variation in the independent variable
Their monitoring plan will take a random sample of 5 days sales per month and use the sample mean sales to identify shops that are under-performing. Establish the lower limit sales such that only 5% of the shops would have a sample sales mean belo..
The data in below represent the closing value of the Dow Jones Industrial Average (DJIA) over the 29 year period from 1979 through 2007.
What does the law of large numbers tell us about what will happen if a gambler makes very many bets on red? If the gambler keeps on playing forever he must win.
Kurt's Adventures, Inc. stock is quite cyclical. In a boom economy, the stock is expected to return 30% in comparison to 12% in a normal economy and a negative 20% in a recessionary period.
A slot machine in Reno costs $1 to play. If the jackpot is $1,000 and the expected value is $ - 0.50 find the probability of winning.
Find a 90% confidence interval for the mean decibel level µ for this type of transit vehicle.
Set up probability distribution by illustrating all x values and their associated probabilities. List sample space of tossing a fair coin.
One suggested environmental determinant of pediatric lung function is the level of cigarette smoking in the home. A researcher wants to do a pilot study with two groups:
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