Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

If a computer statistical package were to simulate 1000 random observations from a normal distribution with μ = 200 and σ = 50 what percentage of these observations would you expect to have a value of 300 or more?

Do you think the actual number in the "≥ 300 " range would equal the expected number in this range? If so, why? If not, why not?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92214138

Have any Question?


Related Questions in Statistics and Probability

Analysis of variance anovaan investigator compares the

Analysis of variance (ANOVA) An investigator compares the difference in the amount of 20% sucrose solution removed by pollinators between unadulterated solution and solutions with 50, 100, 150, and 200 parts per million ...

Thirty percent of the managers in a certain company have

Thirty percent of the managers in a certain company have MBA degrees as well as professional training. Eighty percent of all managers in the firm have professional training. If a manager is randomly chosen and found to h ...

Ralph and gina attend differed schools but each have a gpa

Ralph and Gina attend differed schools, but each have a GPA of 3.2 The GPA's at each score follow a normal distribution. Ralph's school has a mean GPA of 2.7 and a standard deviation of .25. Gina's school has a mean of 3 ...

Suppose we know the following probabilitiesrepublican

Suppose we know the following probabilities: Republican Democrat Independent Female 0.076 0.191 0.006 Male 0.175 0.013 ? Enter the probability of events Democrat and Female occurring jointly with 3 decimal place accuracy ...

In families with four children youre interested in the

In families with four children, you're interested in the probabilities for the different possible numbers of girls in a family. Using theoretical probability (assume girls and boys are equally likely), compile a five-col ...

Bowman corp pays a constant 1440 dividend on its stock the

Bowman Corp. pays a constant $14.40 dividend on its stock. The company will maintain this dividend for the next six years and will then cease paying dividends forever. Required:  If the required return on this stock is 1 ...

Do you have a credit card or use some other form of

Do you have a credit card or use some other form of consumer credit? Identify what you currently use, if any. If you do not use credit, discuss a type of credit that you might consider in the future. What advantages does ...

Jennifer currently has 500 in an account with an annual

Jennifer currently has $500 in an account with an annual rate of return of 4.3%. She wants to have $6000 for a trip to Alaska when she graduates in 4 years. How much will she have to save each month to afford her trip?

If no payments are made a loan of amount 44000 would

If no payments are made, a loan of amount $44000 would increase to $49103.89 after 2 years of monthly compounding interest. If instead, payments of $718.87 are made at the end of each month, how many years would it be un ...

The meantime it takes a technician to resolve this software

The meantime it takes a technician to resolve this software issue is 18 minutes with a standard deviation of 4.2 minutes. This information was obtained from a random sample of 10 monitored calls. A sample of 15 monitored ...

  • 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