What is the posterior distribution

Assignment Help Basic Statistics
Reference no: EM131832549

And assume the same prior distribution of 8. Suppose now, however, that instead of selecting a random sample of eight items from the lot, we perform the following experiment: Items from the lot are selected at random one by one until exactly three defectives have been found. If we find that we must select a total of eight items in this experiment, what is the posterior distribution of 8 at the end of the experiment?

Reference no: EM131832549

Questions Cloud

Prove a theory of accounting : Can you prove a theory of accounting? Discuss in relation to both normative and positive theories. When formulating your answer explain the difference
Codified or replaced by criminal offenses : The common law crimes have now been, for the most part, codified or replaced by criminal offenses.
Determine the posterior distribution of fl : When eight items are se1ected at random from the Jot, it is found that exactly three of them are defective. Determine the posterior distribution of fl.
Differences between conventional and co-operative insurance : Takaful is often referred to as an Islamic variant of mutual or co-operative insurance. Explain the differences between conventional insurance and mutual
What is the posterior distribution : If we find that we must select a total of eight items in this experiment, what is the posterior distribution of 8 at the end of the experiment?
Uniform distribution on the interval : Suppose that a single observation X is to be taken from a uniform distribution on the interval ( 0 - ; , 0 + ;) ; that the value
What is annual growth rate of regular payments expected be : Oxygen Optimization just bought a new filtration system for 185,400 dollars. What is the annual growth rate of the regular payments expected to be?
What is the leisure augmented value of us gdp : If the average working person works 2,000 hours per year (that's a 40-hour week for 50 weeks a year), then what is the leisure augmented value of U.S. GDP?
Analyse the financial statements in the annual report : The submission should include a detailed review of the most recent available Annual Report and will use key financial ratios (important) to analyse

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd