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Q. How to Choose a Sample? The way a sample is chosen is extremely important in all statistical studies. This is because, ultimately, all the inferences will be based on the s
An individual has $ 100 initially. He repeatedly plays a game of chance in which he earns $ 100 with probability 0.8 or loses $ 100 with probability 0.2. The stops playing at the f
Adaptive sampling design The sampling design in which the method for selecting the sampling Units on which to make observations might rely on the observed values of the v
Bugsy?s Haulers, is considering the purchase or lease of a fuel tanker. The Purchase Option The purchase price is R4 000 000. This will be paid off as follows: R2 5
Someone tries to increase the magnetic field inside a coil by adding more turns to the coil. Where should he add more turns: to the end of the coil (i.e., to make it longer) or to
Q1. If you throw a coin 5 times, what is the probability of: - throwing 5 heads - throwing 4 tails - throwing 3 heads and 2 tails Q2. Construct a tree diagram to verify your ans
y=4x-x^2
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
Ascertainment Bias A possible form of the bias, mainly in retrospective studies, which arises from a relationship amongst the exposure to the risk factor and the probability o
Ask quesA buffalo, your cola distributor is featuring a super-special sale on 12- packs. She wonders where in the grocery store to place the cola for maximum attention. Should it b
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