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Q. Define Multiplication Rule in probability?
Ans.
A family has two girls, Ann and Barb, and three boys, Carl, David and Earl, in it. In how many ways can the mother pick one boy and one girl to help her with the laundry? We can list all of the possibilities in a tree diagram.
There are 2 x 3 ways to choose one girl and one boy. This is no coincidence, in fact it is the multiplication rule!
In general, suppose we can do job 1 in p ways and an unrelated job 2 in q ways. Then we can do both job 1 and job 2 in p x q ways.
Price?
1. Consider the model Y t = β 0 + β 1 X t + ε t , where t = 1,..., n. If the errors ε t are not correlated, then the OLS estimates of β 0 and β
what is tangent
What is Inductive Reasoning ? Sometimes we draw conclusions based on our observations. If we observe the same results again and again, we conclude that the event always has the
Tests for relative minimum For a relative minimum point there are two tests: i.The first derivative, which is (dy)/(dx) = f´(x) = 0 ii.The second derivative, which i
A vertical post stands on a horizontal plane. The angle of elevation of the top is 60 o and that of a point x metre be the height of the post, then prove that x = 2 h/3 .
Find the lesser of two consecutive positive even integers whose product is 168. Let x = the lesser even integer and let x + 2 = the greater even integer. Because product is a k
Discuss comparative statics,Market model and Nationa income model
Q. Describe Laws of Cosines? The law of cosines is used to find the missing piece of a triangle if we are given either 1. Two sides and the included angle (SAS) or 2. All t
you are driving on a freeway to a tour that is 500 kilometers from your home. after 30 minutes , you pass a freeway exit that you know is 50 kilometer from your home. assuming that
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