Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1. Describe what type of data analysis would use linear correlation coefficients and line of best fits. Describe the benefits of comparing to a line of best fit.

2. Raw data is found in the excel file titled "STA322 Week 3 Data - Tab Line of Best Fit."Calculate the linear correlation coefficient of that data and describe what that information provides. Find the slope and y intercept and list the line of best fit. Take MicrosoftExcel and graph this line of best fit, using the "trend" function. Determine how you will implement the results you received to improve the data, base it on a scenario for your career.

3. Express the likelihood given as a probability between 0 and 1 for the following (20 points):

a. The Weather Channel stated that we have a 75% chance of being hit by the hurricane.
b. I have a 22% chance of winning the Sweepstakes.
c. When playing Yahtzee, I can roll 1 die and I need a 4. What are my chances?
d. The gender of the new baby being a girl.

4. A survey was taken at a K-6thgrade school. Do you have enough time at lunch? Given the table below, answer the following questions

 

Yes

No

Girls

35

124

Boys

100

62


a. If b represents the event of selecting a response from a boy, find P(?).
b. Find the probability that the selected answer was made by a girl or was answered no.
c. If g represents the event of selecting a response from a girl, find P (?).
d. Find the probability that the selected answer was made by a boy and answered yes.

5. Find the number of ways that 6 Discussion responses can be ordered by calculating 6!

6. Find the number of ways that the 5 children can line up to go to recess by calculating 5!

Use Permutations or Combinations on the next 3 examples:

7. If you are allowed to use numbers 1 - 20 and need to choose the passcode of an exact 4 digit code, how many possibilities are there?

8. If there are 25 students in the class and we need to select a President and Secretary for our meetings, how many possibilities are there?

9. In playing a card game, I am dealt 6 cards, how many possibilities are there for my hand?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91586456
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Confidence intervals ci are one of the simpler forms of

Confidence intervals (CI) are one of the simpler forms of inferential statistics. What does the CI represent? And why does our knowledge of the Central Limit Theorem (CLT) and the empirical rule let us understand why the ...

The revenue function rx and the cost function c9x for a

The revenue function R(x) and the cost function C9X) for a particular product are given. These functions are valid for the specified range of values. Find the number of units that must be produced to break even. R(x) =20 ...

The stat 200 course coordinator wants to estimate the

The STAT 200 course coordinator wants to estimate the proportion of all online STAT 200 students who attend Penn State Learning tutoring sessions. In a survey of 72 students during the Summer 2018 semester, 8 had attende ...

A logging truck sales representative will phone either one

A logging truck sales representative will phone either one or two potential buyers per day with probabilities of 0.25 and 0.75, respectively. Each contact will result in either no sale or a $75,000 sale with probabilitie ...

A coffee manufacturer is interested in the mean daily

A coffee manufacturer is interested in the mean daily consumption of regular-coffee drinkers and decaffeinated coffee drinkers. The random sample of 50 regular-coffee drinker show a mean of 3.84 cups per day. A sample of ...

Given a trend line of y 174x 88 where the variable x is

Given a trend line of y = 174x + 88, where the variable x is the independent variable and the variable y is the dependent variable, what is the slope of this trend line?

Suppose a retailer claims that the average wait time for a

Suppose a retailer claims that the average wait time for a customer on its support line is 179 seconds. A random sample of 57 customers had an average wait time of 169 seconds. Assume the population standard deviation fo ...

Is the following an example of a binomial experimentat a

Is the following an example of a binomial experiment? At a campus activities board event, an entertainer gives tickets with sequential numbers to every attendee (i.e. 1, 2, 3, 4, 5... n). Throughout the event, the entert ...

A clinical psychologist is the primary therapist for 18

A clinical psychologist is the primary therapist for 18 patients. She randomly selects a sample of 3 patients to be in her study. How many different samples of this size can be selected from this population of 18 patient ...

European bonds pay coupons annually while us bonds pay

European bonds pay coupons annually, while U.S. bonds pay coupons semiannually. If the coupon rate on a European bond is 12% (annual coupons), what is the comparable coupon rate for a U.S. bond (semiannual coupons) assum ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As