Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Inverse probability based on the normal distribution.

1. In a random sample of eight military contracts involving cost overruns, the following information was obtained. x = big price of the contract (in millions of dollars) and y = cost of overrun (expressed as a percent of the bid price).

 

x

6

10

3

5

9

18

16

21

y

31

25

39

35

29

12

17

8

 

If an overrun contract was bid at 12 million dollars, what does the least-squares line find out for the cost of overrun (as a percent of bid price)?

 

2. Let x be a random variable that represents the length of time it takes a student to prepare a term paper for Dr. Adam's Sociology class. After interviewing many students, it was found that x has an approximately normal distribution with mean μ = 6.8 hours and standard deviation σ = 2.1 hours. 0 ≤ z ≤ 2

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M919958

Have any Question? 


Related Questions in Statistics and Probability

1 what is the difference between a stratum and a cluster2

1. What is the difference between a stratum and a cluster? 2. What is the drawback of obtaining random samples by telephone? 3. In what way would the use of sampling improve the accuracy of the United States census?

Random and independent samples of 80 recent prime time

Random and independent samples of 80 recent prime time airings from each of two major networks have been considered. The first network aired a mean of 110.7  commercials during prime time, with a standard deviation of 4. ...

Islam and the other monotheistic religions write an essay

Islam and the other monotheistic religions: Write an essay discussing the relationship between Islam, Judaism and Christianity. What does the Qur'an say about the "Peoples of the Book," and how they are to be treated? Wh ...

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?

A history class is comprised of 8 female and 6 male

A history class is comprised of 8 female and 6 male students. If the instructor of the class randomly chooses 5 students from the class for an oral exam, what is the probability that 2 female students and 3 male students ...

Jolie takes 45 minutes to do her statistics homework if the

Jolie takes 45 minutes to do her statistics homework. If the mean is 38 minutes and the standard deviation is 3, calculate Jolie's z score. Once calculated, interpret your findings in terms of Jolie's performance.

A spinoff of the anti-war and civil rights movements of the

A spinoff of the anti-war and civil rights movements of the 1960s that affected women was? increased desire to return to the security of homes and families decreased political involvement. the birth of the women's libera ...

The following data represents a random sample of number of

The following data represents a random sample of number of shares of a pharmaceutical company's stock traded for 20 days in 2000. 3.99 8.91 10.41 7.53 13.85 5.3 9.7 8.95 12.11 13.26 4.25 8.55 11.6 6.76 27.55 7.72 10.15 4 ...

Is there any difference between the proportion of americans

Is there any difference between the proportion of Americans who wish they were rich and the proportion of Canadians who wish they were rich? A random sample of 1,000 Americans showed that 550 wish they were rich, while a ...

The condorcet method the french mathematician condorcet

The Condorcet Method The French mathematician Condorcet proposed the following method for determining a social preference order based on the strict preferences of the individuals in society. A voter i with a strict prefe ...

  • 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