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Sample has following: N-300 Diseased-6:5 The sample follows a Beta distribution (? = 1,? 4). What is posterior probability that the prevalence of disease is greater than 18%? What is the strength of the prior beliefs that the prior distribution represents?
A rice manufacturer claims that a single serving contains at most 10 ppb of arsenic. Suppose a random sample of 100 rice servings
Provide a paragraph or two description of your proposed dissertation study (it does not have to be your dissertation study, this depends on how far along you are with your dissertation).
A manufacturer of sports drinks has randomly sampled 198 men and 202 women. Each sampled participant was asked to taste an unflavored version.
What are the limitation of using regression analysis as a forecast tool? Moving average forecasts for period t is simply the average of the k previous observations in the time series.
Quality control inspectors randomly select 16 parts, weigh each, and then compute the sample average weight for the 16 parts. The probability that the mean weight of these 16 parts is more than 41 grams or less than 39 grams is?
(a) Why is this a legitimate finite probability model? (b) What is the probability that the person chosen is a 15- to 19-year-old who lives with others?
three committees of 5 people each will be formed from a group of 15 people where each person is allowed to be on
The histogram shows the 2004 per capita consumption of paper for 195 countries around the world.- Which summary statistics would you choose to summarize the center and spread in these data? Why?
a. Assuming the advertising claim is true, what is the probability of the observed event?- Assuming the claim is true, what is the probability of observing two or fewer successes?
(a) Formulate this problem as a Markov decision process by identifying the states, the decisions, and the Cik. Identify all the (stationary deterministic) policies.
Mmen will have a heart attack in the next 5 years. How large a sample would we need to have an 80% chance of finding a significant difference if the true rate of heart disease in this group is 13%?
If the cost of electricity is $0.10/kWh, determine the cost of electricity per year.
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