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The percentage 'y' of impurities per batch in a certain chemical product is a beta random variable with probability density
f(y)={90y^8(1-y) if 0<=y<=10 elsewhere
*90 is above 0 in enclosure
What are the values of alpha and beta?
Statistics and Probability, Statistics
Suppose we can only sample from Uniform distribution (0,1) with k=3. Design an algorithm to simulate chi-square distribution with 2k freedom via general transformation method.
Describe the scales of measurement of data that should be summarized by a measure of location such as a sample mean and a sample median? When is the sample median a better measure of location than the sample mean? Why do ...
The probability that a student passes a class is p(P) = 0.59. The probability that a student studied for a class is p(S) = 0.55. The probability that a student passes a class given that he or she studied for the class is ...
Now assume that I am talking about a normally distributed set of data: An IQ test. This IQ test has a mean of 100 and a standard deviation of 15. Find the following probabilities What is the probability that someone scor ...
A probability experiment consists of rolling a 6-sided die. What is the probability of rolling a number less than 6.
You have 100 coins, and 99 of them are fair (equal probability of heads or tails). One of them is weighted and has a 90% probability of landing on heads. You randomly choose one of the 100 coins. Find the probability tha ...
A bottle of water is supposed to have 12 ounces. The bottling company has determined that 98% of bottles have the correct amount. Which of the following describes a binomial experiment that would determine the probabilit ...
To what extent does the client hold a responsibility for the success of their financial plan?
1. To investigate the ecological impact of parasite infections, scientists measured the distance that infected western fence lizards, Scelopons occidentalis , ran in two minutes against a control group of uninfected liz ...
Suppose a sample space has things a,b and c. Twice, draw from the sample space and replace. The possible sequences formed are {aa, ab, ac,ba,bb, bc,ca,cb,cc} Now suppose there are Y different things. There are Y ways the ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
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