--%>

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 : Random variables Random variables with

    Random variables with zero correlation are not necessarily independent. Give a simple example.    

  • 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 : Describe how random sampling serves

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

  • Q : Problem related to playing cards Cards

    Cards are randomly drawn one at the time and with replacement from a standard deck of 52 playing cards. (a) Find the probability of getting the fourth spades on the 10th draw. (b) Determine the

  • Q : Probability Distributions and Data

    1. A popular resort hotel has 300 rooms and is usually fully booked. About 4% of the time a reservation is canceled before 6:00 p.m. deadline with no penalty. What is the probability that at least 280 rooms will be occupied? Use binomial distribution to find the exact value and the normal approxi

  • 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 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 : How you would use randomization in

    The design of instrument controls affects how easily people can use them. An investigator used 25 students who were right-handed to determine whether right-handed subjects preferred right-handed threaded knobs. He had two machines that differed only in that one had a

  • Q : Probability of Rolling die problem A

    A fair die is rolled (independently) 12 times. (a) Let X denote the total number of 1’s in 12 rolls. Find the expected value and variance of X. (b) Determine the probability of obtaining e

  • Q : Problem on Chebyshevs theorem 1. Prove

    1. Prove that the law of iterated expectations for continuous random variables.2. Prove that the bounds in Chebyshev's theorem cannot be improved upon. I.e., provide a distribution which satisfies the bounds exactly for k ≥1, show that it satisfies the