Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Mean as well as standard deviation using uniform distribution

An auditor for a medical insurance company chooses a random sample of prescription drug claims for valuation of correct payment by company experts. The claims were chosen at random from a database of 677100 claims by using uniform random numbers between 1 as well as 677,100. To confirm that the random numbers really were from a uniform distribution the auditor computed the mean and standard deviation of the random numbers. What must the mean and standard deviation be if these were uniformly distributed random integers?

Mean

Standard deviation

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M921211

Have any Question? 


Related Questions in Statistics and Probability

Data interpretationresearch reportyour taskwrite a report

Data Interpretation Research Report Your task: Write a report on the statistical relationship that you find between the stock price of the company that you have been assigned and the following three variables: the FTSE, ...

Consider the following belief space where the set of

Consider the following belief space, where the set of players is N = {I, II}, and the set of states of nature is S = {s 1 , s 2 }: Write out the belief hierarchies of orders 1, 2, and 3 of Player I, at each state of the ...

One thousand people are enrolled in a 10 year cohort study

One thousand people are enrolled in a 10 year cohort study. At the start of the study, 100 have diagnosed CVD. Over the course of the study, 80 people who were free of CVD at baseline develop CVD. What is the cumulative ...

What main effects and interaction could you test with the

What main effects and interaction could you test with the design you developed for Question 1? Are you predicting that you will obtain an interaction? Question 1 Build on the design you created in Question 2 to test the ...

Purpose of the studythis current research study is a

Purpose of the Study This current research study is a quantitative study. The aim of this research study is to investigate the levels of self-efficacy and to determine whether there is a relationship in quality of life a ...

Assuming data come from a random sample under which of the

Assuming data come from a random sample, under which of the following conditions should we notcalculate a confidence interval for a population mean? A. Population is normally distributed and sample size is 50 individuals ...

1 under what conditions is the median a more meaningful

1. Under what conditions is the median a more meaningful measure of central tendency than the mean? 2. Why do researchers prefer the standard deviation as a measure of variability over the range?

Use the given degree of confidence and sample data to

Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p. Round to three decimal places. n=74, x=12; 95% confidence.

1 why are researchers often interested in the proportion of

1. Why are researchers often interested in the proportion of total variance that is systematic variance? 2. What would the proportion of total variance that is systematic variance indicate if it were .25? .OO? .98?

The umuc minimart sells five different types of coffee mugs

The UMUC MiniMart sells five different types of coffee mugs. The manager reports that the five types are equally popular. Suppose that a sample of 500 purchases yields observed counts 110, 100, 110, 100, and 80 for types ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

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