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On each day t of n days, N customers of a supermarket were sampled and the number Xt expressing dissatisfaction was recorded. The results suggested that there were good and bad days for customer satisfaction.
(a) What kind of results might have led to this conclusion?
(b) What kind of model of Xt might be used?
(c) Derive expressions for the mean and variance of Xt under this model?
(d) Write down the likelihood of this model.
(e) What parameter constraints apply to this model?
(f) Suggest a reparameterisation for this model, explaining your reasoning.
Pay $40 for plan offered for $30 for plan what percentage of savings
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A sample of students had a mean age of 35 years along with a standard deviation of 5 years. A student was randomly picked from a group of 200 students. Determine the probability
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When Ms. Jones retired, she received a lump sum of $1,000,000 from her pension plan. She then invested this sum in an annuity account that would pay her an equal amount at the end
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