Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: Tradepoint, the electronic market set up to compete with the London Stock Exchange, is losing on average $32,000 per day. A potential long-term financial partner for Tradepoint needs a confidence interval for the actual (population) average daily loss, in order to decide whether future prospects for this venture may be profitable. In particular, this potential partner wants to be confident that the true average loss at this period is not over $35,000 per day, which it would consider hopeless. Assume the $32,000 figure given above is based on a random sample of 10 trading days, assume a normal distribution for daily loss, and assume a standard deviation of s = $6,000. Construct a 95% confidence interval for the average daily loss in this period. What decision should the potential partner make?
Binomial and Bernoulli distribution has something in common, and so what the differences between binomial and geometric distribution? Given that Bernoulli is sometimes considered as a Bernoulli distribution.
explain what problems arise in trying to make conclusions based on a survey mailed to the subscribers of a specialty
The local newspaper, the Corry Press, suggests discrimination in an editorial. What is the likelihood of this occurrence?
Give an example for each of the following distributions, binomial, hypergeometric, and Poisson. Explain the differences and different characteristics.
Determine the sample proportion, p, of successful people. If the population proportion is 0.70, determine the standard error of the proportion.
information about a regression analysis includes an intercept of 59.99 and a negative slope of 1.49. make a prediction
CRIME RATES Data compiled by the Department of Justice on the number of people arrested in a certain year for serious crimes.
Would you expect the variance to be larger or smaller than the variance associated with the probability function used in the previous exercise? Verify your answer by computing the variance.
Find the value of the loads P that can be safely supported by the 6-in.-by-12-in. (S4S) timber beam shown. The allowable bending stress is 1800 psi and the allowable shear stress is 140 psi.
Computing the mean and standard deviation for the given data - Find the value for the new standard deviation
Assume the standard deviation of the distribution is 2.5 pounds. Find the probability that the mean of a sample of 55 families will be between 17 & 18 pounds.
the random variable x has the following discrete probability
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd