Which of the conditions required for a binomial experiment

Assignment Help Basic Statistics

Reference no: EM131790611

Twins

In Exercise , you are told to assume that none of the children will be twins or other multiple births. Why? Which of the conditions required for a binomial experiment would be violated if there were twins?

Exercise

Gender of Children A married couple plans to have four children, and they are wondering how many boys they should expect to have.

Assume none of the children will be twins or other multiple births.

Also assume the probability that a child will be a boy is 0.50. Explain why this is a binomial experiment.

Check all four required conditions.

Reference no: EM131790611

Questions Cloud

What will be the rate of return on investment : She expects that you will receive $25,000 back at the end of three years. REQUIRED: If all goes according to plan, what will be the rate of return.

Which condition or conditions for use of the binomial model : Which condition or conditions for use of the binomial model is or are not met?

What should be the net cash provided by operating activities : Based on the information given above, what should be the net cash provided by operating activities in the statement of cash flows for the year ended December 31

Semiannual periods of compounding : For an annual interest rate of 16% and 2 semiannual periods of compounding? For an annual interest rate of 16% and 4 quarterly periods of compounding.

Which of the conditions required for a binomial experiment : Which of the conditions required for a binomial experiment would be violated if there were twins?

Condition that the optimal choice of inputs has to satisfy : Consider the technology represented by y (x1)04 (x2)0.6 The marginal products are MPI 0.4/xi and MP2 0.6/x2. We now consider the problem of cost minimization.

Calculate the gross pay for each employee for the week : Calculate the gross pay for each employee for the week. Calculate the net pay for each employee for the week

Explain the main conceptual issue under variable costing : Explain the main conceptual issue under variable costing and absorption costing regarding the timing for the release of fixed manufacturing overhead

Estimate the beta for hp : You have been hired to estimate the beta for HP and have broken the company down into 4 broad business groups.

User Account

All Pages