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Give an example of a real life event that would occur as a discrete random variable. Discuss why would it be valuable to estimate the probability of such an event occurring.
Statistics and Probability, Statistics
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Should you perform a log transformation on a categorical (nominal) variable, or can you only do that for continuous variables?
How Do you calculate true population proportion if your defective sample is too small? For example, if you have 50 and defect is 4. Please look below for more details.
Suppose the chance of selecting a female adult at random in the population is exactly π= 0.5 (ie: 50%). What is the probability that I choose 10 adults at random and I get the number of females in the sample to be betwee ...
Let X be the random variable that represents the life in hours of a certain electronic device. The probability density function of X X is f(x)=360x 3 f(x)=360x3 , 10≤x≤15 10≤x≤15. Find the expected life of this device.
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A puck company wants to sponsor the players with the 10% quickest goals in hockey games. The times of first goals are normally distributed with a mean of 8.54 minutes and a standard deviation of 4.91 minutes. How fast wo ...
A manufacturer obtains? clock-radios from three different? subcontractors: 10?% from? A, 30?% from? B, and 60?% from C. The defective rates for these subcontractors are 3?%, 2 %, and 5?% respectively. If a defective? clo ...
Advantage and disadvantage of sole proprietorship than a corporation? Example of a business that is more suitable for both sole proprietorship and corporation structure.
According to the Current Results website, the state of California has a mean annual rainfall of 21 inches, whereas the state of New York has a mean annual rainfall of 55 inches. Assume that the standard deviation for bot ...
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