Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Recent years have seen a sharp decline in the Alaska king crab ?shery. One problem identi?ed as a potential cause of the decline has been the prevalence of a deadly parasite believed to infect a large proportion of the adult king crab popula- tion. A ?sheries management agency monitoring crab catches needed to estimate the proportion of the adult crab population infected by the parasite. The agency's biologists constructed the following prior probability distribution for the proportion of infected adult crabs (denoted by R):

R

0.25

P()

0.1

0.30

0.2

0.35

0.2

0.40

0.3

0.45

0.1

0.50

0.1

A random sample of 10 adult king crabs was collected, and 3 of them were found to be infected with the parasite. Construct the posterior probability distribution of the proportion of infected adult crabs, and plot it.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91675595

Have any Question?


Related Questions in Statistics and Probability

Assume the random variable x is normally distributed with

Assume the random variable x is normally distributed with mean mu = 86 and standard deviation sigma =4. Find the indicated probability. P(x

The probability of someone ordering the daily special is 52

The probability of someone ordering the daily special is 52%. If the restaurant expected 96 people for lunch, how many would you expect to order the daily special?

The speed of cars on a stretch of road is normally

The speed of cars on a stretch of road is normally distributed with an average 42 miles per hour with a standard deviation of 5.9 miles per hour. What is the probability that a randomly selected car is violating the spee ...

A foreign trader at the banks tx desk calls to inform you

A Foreign trader at the bank's TX desk calls to inform you that the company TD Bank is  quoting $1.20/€1, and Bank of America is offering $1.40/£1. The trader also noticed thatCredit Z is also making the market in pound ...

For the dataset38 39 41 42 42 43 43 45 45 47 50 50 51 51 53

For the dataset 38, 39, 41, 42, 42, 43, 43, 45, 45, 47, 50, 50, 51, 51, 53, 54 Without doing any calculations, estimate which of the following numbers is closest to the mean.

In february 2017 the risk-free rate was 431 percent the

In February 2017 the risk-free rate was 4.31 percent, the market risk premium was 6 percent, and the beta for Twitter stock was 1.58. What is the expected return that was consistent with the systematic risk associated wi ...

Let be a random variable with probability

Let be a random variable with probability function  f ( x )=144/205 x^  2  , where  x =1,2,3,4. (a) Find the expected value of  X   (b) Find the expected value of  Y =2 X +3

The time spent in days waiting for a heart transplant can

The time spent (in days) waiting for a heart transplant can be approximated by a normal distribution. Day range of 60-200.  u=129 o=20.2.  (a) What is the shortest number of days spent that would put a patient in the top ...

Many high school students take the ap tests in different

Many high school students take the AP tests in different subject areas. In 2007, of the 144,796 students who took the biology exam 84,199 of them were female. In that same year, of the 211,693 students who took the calcu ...

Retail stores experience their heaviest returns on december

Retail stores experience their heaviest returns on December 26th and December 27th each year. The distribution for the Number of Items Returned (X) for Hilldale Macy's on those days last year is given in the table below. ...

  • 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