+61-413 786 465
info@mywordsolution.com
Home >> Statistics and Probability
Find out the probability using the normal approximation to Binomial. Consider a binomial distribution with 15 identical trials, and a probability of success of 0.5. Use the normal approximation to find the probability that x = 2.
Statistics and Probability, Statistics
Answer the following questions about an ANOVA analysis involving three samples. a. In this ANOVA analysis, what are we trying to determine about the three populations they're taken from? b. State the null and alternate h ...
The British Department of Transportation studied to see if people avoid driving on Friday the 13th. They did a traffic count on a Friday and then again on a Friday the 13that the same two locations ("Friday the 13th," 20 ...
David currently has $500 in an account that earns 10% APR, compounded monthly. Assuming he doesn't withdraw any of the funds, how much will his balance be in 6 years?
Question: A random variable X is known to be distributed either N(1,3) or N(2,3). The mill hypothesis is that the mean is equal to 1. The alternative hypothesis is that the mean is 2. a. With a sample of 10 draws from th ...
Given that X is binomially distributed with n = 36, and p = 0.33, use the normal approximation to the binomial (with correction for continuity) to estimate the probability that X is less than 14? Round your answer to 2 p ...
Your supervisor comes to you and says she would like a marketing research study. She says there is a budget of $30,000. She would like to conduct a simple random sample of consumers interested in using the services of th ...
The proportion of people who love dogs is known to be 75 % Australia wide. A town in far north Queensland is often different in many aspects to the rest of Australia. When 88 families were sampled the proportion who love ...
An important part of the customer service responsibilities of a cable company relates to the speed with which trouble in service can be repaired. Historically, the data show that the likelihood is 0.75 that troubles in a ...
Describe the general concept of economic analysis. Is this type of analysis necessary, and can it really help the individual investor make a decision about stock? Explain
The mean height of women in a country? (ages 20-?29) is 63.5 inches. A random sample of 65 women in this age group is selected. What is the probability that the mean height for the sample is greater than 64 ?inches? Assu ...
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.
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 coupon bonds. Under what conditions will a coupon bond sell at a p
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 $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 for 19 years, given a discount rate of 6 percent per annum. As