Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

problem 1: describe the main components of a deterministic time series. How far are such methods effective in forecasting?

problem 2:

a) Describe the concept of conditional probability. How is it associated to Baye’s theorem?
b) Prove that for any two events A and B, we have P (AB) ≤ P (A+B) ≤ P (A) + P (B), where P (A) and P (B) are probabilities of occurrence of events A and B.

problem 3: What is meant by the term standard error? Describe with the help of an illustration how standard error can be found out.

problem 4: A sample of 400 students in a class is found to have a mean height of 171.38 cms. If mean height of the population is known to be 171.17 cms with a standard deviation of 3.30 cms, will it be regarded that there is no significant difference between the sample and the population mean heights?

problem 5: Fit a straight line to the given data. Compare the estimated values with the actual values.

1445_comparing estimated and real values.jpg

problem 6: State the steps you will follow while designing a problemnaire. Make a small problemnaire for collecting data associated to consumption and income of households.

problem 7: Distinguish between the given:

a) Type I and Type II errors
b) Parameter and statistic
c) Point estimate and interval estimate

problem 8: prepare short notes on the given terms:

a) Systematic sampling.
b) Confidence interval.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92488
  • Price:- $50

Priced at Now at $50, Verified Solution

  • AsyU replied

    Dear tutor i want help with this question A shipment of 40 Mickey Mouse watches contains 6 defective ones. The quality control department selects 7 of these watches for testing, and rejects the whole shipment if one or more are defective. A)Determine the probability that the whole shipment shall be accepted? B) Determine the probability that the whole shipment shall be rejected?

Have any Question? 


Related Questions in Statistics and Probability

Among the best companies to work for in the us 33

Among the best companies to work for in the US, 33% experienced double digit job growth, 49% experienced single digit growth, and 18% experienced no growth or decline. A closer examination of the 30 companies that make u ...

1 do outliers increase or decrease the magnitude of

1. Do outliers increase or decrease the magnitude of correlation coefficients? 2. What impact does reliability have on correlation? 3. Why can't we infer causality from correlation?

Suppose we would like to determine if the typical amount

Suppose we would like to determine if the typical amount spent per customer for dinner at a new restaurant in town is more than $20.00. A sample of 49 customers over a three-week period was randomly selected and the aver ...

1 explain why the byzantium empire went in a different

1. Explain why the Byzantium Empire went in a different direction from Europe (even though both were Christian) after the breakup of Rome. This will require some examination of historical and geographical influences, jus ...

The 1930s and the great depression with the complete

The 1930s and the Great Depression: With the complete collapse of the American economy, the people of the United States explored many possible solutions and then settled on one. What are all of the options that were in p ...

1 what are the most important threats to validity that

1. What are the most important threats to validity that occur in quasi experimental research designs when the research is conducted over a period of time? What techniques can be used to minimize these potential interpret ...

Case study mikhail gorbachevs 1988 un speechif the pace of

Case Study: Mikhail Gorbachev's 1988 UN SpeechIf the pace of improving US-Soviet relations seemed rapid, Mikhail Gorbachev's speech to the United Nations General Assembly would shift the process into overdrive.  In this ...

An airline company is considering a new policy of booking

An airline company is considering a new policy of booking as many as 158 persons on an airplane that can seat only 160. (Past studies have revealed that only 90% of the booked passengers actually arrive for the flight.) ...

Binomial stock option modelingsuppose you have the

Binomial Stock Option Modeling Suppose you have the opportunity to buy the following contract, a stock call option, on March 1. The contract allows you to buy 100 shares of XYZ stock at the end of either March, April, or ...

The mean gross annual incomes of certified plumbers are

The mean gross annual incomes of certified plumbers are normally distributed with the mean of $36,000 and a standard deviation of $3,572. The ship building association wishes to find out whether this number is still accu ...

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen