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1. Generate 1000 samples for each of the following discrete random variables: (a). Binomial distribution with n=40, p=0.7, and distr. with n=50, p=0.5 (b). Geometric distribu
Define Aggressive Growth Fund: A mutual fund which is primary investment intention is substantial capital gains. The return & principal value of mutual funds fluctuate with changes
A machine that fills quart milk cartons is set up to average 32.2 oz per carton, with a standard deviation of 1.2 oz. Assume a normal distribution for all of the cartons filled, wh
whatis seasonal variation?show it with graphs?
What is a purchase discount? A buy lower price is a deduction that may be available to a customer if the client will pay an account within a prescribed time. For example, a supp
example of descriptive and inferential statistics?
I want to simulate observed variables for structural equation modeling. In real data it is assumed that observed variables are not error free variables, so should i also simulate e
Skewness It is the comparison of the mean, median and mode can reveal information about the characteristics of skewness. Definition The distribution of the data is ske
Distinguish between Cost unit and cost centre
Shafts are cut to length by two machines, A and B. Each machine cuts 50 percent of all shafts in approximately the same amount of time. Machine A''s shafts are all good, but Machin
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