--%>
Assignment Help - homework help

Binomial distribution

1) A Discrete random variable can be described as Binomial distribution if is satisfies four conditions, Briefly discuss each of these conditions

2) A student does not study for a multiple choice examination and decides to guess the correct answers, If the examination consists of 10 multiple choice questions, find the probability that the student get an overall mark of exactly 50%. Each question has 4 possible choices, with only one correct answer.

3) State four properties of the normal distribution function.

4) The number of newspapers sold daily at a kiosk is normally distributed with a mean of 300 and a standard deviation of 30. Calculate the probability that less 250 newspapers are sold on a particular day.

   Related Questions in Advanced Statistics

  • Q : Calculate confidence interval A nurse

    A nurse anesthetist was experimenting with the use of nitronox as an anesthetic in the treatment of children's fractures of the arm.  She treated 50 children and found that the mean treatment time (in minutes) was 26.26 minutes with a sample standard deviation of

    		•
  • Q : Problem on utility funtion probability

    Suppose that your utility, U, is a function only of wealth, Y, and that U(Y) is as drawn below. In this graph, note that U(Y) increases linearly between points a and b.  Suppose further that you do not know whether or not you

    		•
  • Q : Correlation Define the term Correlation

    Define the term Correlation and describe Correlation formula in brief.

    		•
  • Q : Describe how random sampling serves

    Explain sampling bias and describe how random sampling serves to avoid bias in the process of data collection.    

    		•
  • Q : True and False Statement Discuss the

    Discuss the following statements and explain why they are true or false: a)      Increasing the number of predictor variables will never decrease the R2 b)      Multicollinearity affects the int

    		•
  • Q : Probability of winning game Monte Carlo

    Monte Carlo Simulation for Determining Probabilities 1. Determining the probability of winning at the game of craps is difficult to solve analytically. We will assume you are playing the `Pass Line.'  So here is how the game is played: The shooter rolls a pair of

    		•
  • Q : Problem on Poisson distribution The

    The number of trucks coming to a certain warehouse each day follows the Poisson distribution with λ= 8. The warehouse can handle a maximum of 12 trucks a day. What is the probability that on a given day one or more trucks have to be sent away? Round the answer

    		•
  • Q : Problem on consumers marginal utility

    Consider a consumer with probability p of becoming sick.  Let Is be the consumer’s income if he becomes sick, and let Ins be his income if he does not become sick, with Is < Ins. Suppo

    		•
  • Q : Variation what are the advantages and

    what are the advantages and disadvantages of seasonal variation

    		•
  • Q : Probability problem A) What is the

    A) What is the probability of getting the following sequence with a fair die (as in dice):B) What is the probability of getting the same sequence with a die that is biased in the following way: p(1)=p(2)=p(3)=p(4)=15%;

    		•