Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1. Decide whether experiment is binomial, Poisson or neither based upon the info given. Each week a man plays the game in which he has a 21% chance of winning. The random variable is number of times he wins in 64 weeks.

A)binomial

B)Poisson

C)neither

2. We  have the Poisson distribution with mean = 4. Find P(X = 3), P(X < 3), P(X <= 3), P(X > 3), variance, and standard deviation.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M922590

Have any Question?


Related Questions in Statistics and Probability

What is the probability that a randomly selected person

What is the probability that a randomly selected person will have a birthday in November? Assume that this person was not born in a leap year. Express your answer as a simplified fraction or a decimal rounded to four dec ...

The statistical and regression questions are listed

The statistical and regression questions are listed below: What is the value of the simple correlation between TICKETS and COST? If you are able to determine the answer, is showing the film in more theatres associated wi ...

The mean of the annual return for common stocks from 1926

The mean of the annual return for common stocks from 1926 to 1992 was 16.5%, and the standard deviation of the annual return was 19%. In later parts of the question we will ask: a. What is the probability that the stock ...

Ye observed the following returns over timeyear

You have observed the following returns over time: Year BMG Market 1990 18% 13% 1991 4% 8% 1992 -12% 3% 1993 16% 10% 1994 18% 11% What is the beta for BMG?

It has been a bad day for the stock market and you have

It has been a bad day for the stock market and you have heard that only 30% of all stocks gained value. Suppose you have a portfolio of 10 securities and assume a binomial distribution for the number of your stocks that ...

Recent test scores on the law school admission test lsat

Recent test scores on the Law School Admission Test (LSAT) are normally distributed with a mean of 162.4 and a standard deviation of 15.9. What is the probability that the mean of 12 randomly selected scores is less than ...

Discuss the core business objectives and the primary focus

Discuss the core business objectives and the primary focus of the financial business model.

Suppose that a fair 6 sided die is rolled let x indicate

Suppose that a fair, 6 sided die is rolled. Let X indicate the event that an odd number is rolled (in other words, X = 1 if an odd number is rolled and X = 0 otherwise). Let Y indicate the event that 2, 3, or 4 is rolled ...

Problem arrival of vehicles at new jersey turnpike toll

Problem: Arrival of vehicles at New Jersey Turnpike toll booth on Saturdays at dawn is modeled as a Poisson Arrival process with a rate of 1.21 vehicles per minute. Let X be a random variable that records the number of a ...

A researcher conducts a hypothesis test using a sample from

A researcher conducts a hypothesis test using a sample from an unknown population. If the t statistic has df = 35, how many individuals were in the sample?

  • 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