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!
Binomial Distribution
Binomial distribution was discovered by swiss mathematician James Bernonulli, so this distribution is called as Bernoulli distribution also, this is a discrete frequency distribution.
Assumptions of a binomial Distribution
1. The random experiment is performed repeatedly with a fixed and finite number of trials. N is denoted by number of trials.
2. There are two mutually exclusive possible outcomes on each trial which are known as success and failure success is denoted by whereas failure is denoted by q, and p+q = 1 or q=1-p1.
3. The outcomes of any given trial does not affect the outcomes on subsequent trials means the trials are independent.
4. The probability of success and failure (p&q) remains constant from trial to trial. If in any distribution the p& q does not remain constant that distribution cannot be a binomial distribution, For example the probability of getting head must remain the same in each toss i.e. ½ similarly the probability of drawing 4 balls from a bag containing 6 red and 10 white balls does not change in successive draws with replacement, hence it will be called as binomial distribution .But in contrary to this, if balls are not replaced after each trail then it will not be a binomial distribution.
5. If all above assumptions are satisfied , the probability of exactly r successes in n trials is given by
6. P(n=r)=n crprqn-r
Question: (a) (i) Define the term multicollinearity. (ii) Explain why it is important to guard against multicollinearity. (b) (i) Sometimes we encounter missing values
Other Measures of Dispersion In this section, we look at relatively less used measures of dispersion like fractiles, deciles, percentiles, quartiles, interquartile range and f
Choose any published database from the internet or Bethel library (such as those from the Census Bureau or any financial sites). You may opt to use one of the data files provided b
The management at Superior Health Care System Incorporated recently purchased several new facilities including the central patient information management center. This purchase will
Types of cost-reimbursable contracts are: Cost Plus Fixed Fee contract (CPPF): Compensation is based on a fixed sum independent of the final project cost. The customer a
Consider an MBA program as a processing network where the flow unit consists of a student in the program. Suppose the organizations that hire and promote MBAs are considered to be
The interest rate on the three year loan is 0.087. Whereas the interest rate on the two year loan is 0.085 as given in A. Suppose that the liquidity premium at t=1 is 0.002 and tha
discuss the mathematical test of adequacy of index number of formulae. prove algebraically that the laspeyre, paasche and fisher price index formulae satisfies this test. What is
Definition of Central Tendency The central tendency of a variable means a typical value around which other values tend to concentrate which can be measured. Such concentration
The box plot displays the diversity of data for the totexp; the data ranges from 30 being the minimum value and 390 being the maximum value. The box plot is positively skewed at 1.
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd