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Suppose that a single observation X is to be taken from a uniform distribution on the interval ( 0 - ; , 0 + ;) ; that the value of 0 is unknown; and that the prior distribution of 8 is a uniform distribution on the interval (10, 20). If the observed value of X is 12, what is the posterior distribution of O?
Formulate as a linear programming (LP) problem
weakly earnings on a certain import venture are approximately normally distributed with a known mean of 219 and unknown
Use the p-value approach to test if a CFA designation is more lucrative than an MBA at the 5% significance level.
The heights of young women are approximately Normal with mean 64.5 inches and standard deviation 2.5 inches.
A normal population has an average of 80 and a standard deviation of 10. You select a sample of 25. Calculate the probability that the sample mean
Joe DiMaggio. Yankee center fielder Joe DiMaggio was paid $32,000 in 1940 and $100,000 in 1950. Express his 1940 salary in 1950 dollars.
An analysis decides to remove records that have missing values-About how many records would you expect would be removed
State the null and alternative hypothesis and identify the claim - determine the graph of the sampling distribution that matches the test type.
Does this mean that there is no chance of type I error? Think carefully, and explain the chances of type I error and the role of α in a two-tailed test.
Find a simple regression model that predicts time to fulfill an order based on value of the order. Interpret the estimated model coefficients.
the sample space contains 6as and 4bs. what is the probability that a randomly selected set of 3 will include 1a and
a. Rank the observations in each sample separately, and find each difference between the ranks, di. b. Find the sample correlation coefficient between the ranks
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