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The random variable X has a binomial distribution with parameters n=100 and p=0.10. What distribution model would be appropriate to use to calculate an approximate value for the probability P(X=10). Explain, calculate and show work.
Most businesses use some form of linear regression in forecasting future conditions. Give an example of the use of regression analysis at your organization. What were the independent and dependent variables?
Obtain the empirical influence function for the mean and sketch its influence curve. What does this influence function tell you about the mean (hint: try x = 5 or x
question visit the australian bureau of statistics website and get the catalogue 6302.0 average weekly earnings
The price of a book depends on the length. Let the random variable C denote the price of a book in dollars. If C = 4 + 0.1*P, what is the expected value of the price of a book?
How many participants need to be enrolled in each group to achieve 80% power using a two-sided test with significance level =.05
The national basketball association calculates many statistics, as do other professional sports organizations.
The cost of one serving of peanut butter ( in cents) for a random sample of 19 jars of peanut butter was found to be:
Compute the value of the test statistic. Determine the p-value; and at 93.7% confidence, test the above hypotheses.
Make three-month and four-month moving averages for this time series. Does the three-month or four month moving average provide the better forecast? Explain.
High principal has decided to give an award to any student who scores in the top 10% of statewide scores. How high should a student score be to win this award? Give your answer to the nearest integer.
The adult books 20 are nonfiction and of the children's books 103 are nonfiction.if a book is selected at random, find the probability that it will be fiction.
A manufacturer of 35-mm cameras knows that a shipment of 30 cameras sent to the large discount store contains 8 defective cameras. The manufacturer also knows that the store will choose two of the cameras at a random, test them, and accept the shi..
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