• Q : Approximation to calculate the probability....
    Basic Statistics :

    What is the probability that Lisa smiles at Milhouse on exactly three days in a month? Use a Poisson approximation to calculate the probability that Lisa smiles at Milhouse on exactly three days in

  • Q : Probability mass function....
    Basic Statistics :

    Suppose X has pmf (probability mass function) f(x)=1/5, x=1,2,3,4,5. Compute E(X) and E(X^2) and use those two results to find E[(X+2)].

  • Q : Percentage of students at the college....
    Basic Statistics :

    At one college, GPAs are normally distributed with a mean of 2.6 and a standard deviation of 0.4. What percentage of students at the college have a GPA between 2.2 and 3?

  • Q : Standard deviations of the mean....
    Basic Statistics :

    For a normal distribution, find the probability that an observation falls within 0.92 standard deviations of the mean.

  • Q : Cumulative proportion tending....
    Basic Statistics :

    Short term versus long run Short-term aberrations do not affect the long run. To illustrate, suppose that you flip a coin 10 times and you get 10 heads.

  • Q : Population standard deviations....
    Basic Statistics :

    A recent study focused on the amount of money single men and single women save monthly. The information is summarized below. Assume that the population standard deviations are equal.

  • Q : Average of eight claims....
    Basic Statistics :

    A life insurance company has determined that each week an average of eight claims is filed in its Nashville branch.

  • Q : Qualify for the regional track championship....
    Basic Statistics :

    A regional track championship has decided that they will invite the fastest 15% of runners in their region (runners with the shortest time). The mile time of all potential runners in this region are

  • Q : Atorvastatin experienced headaches....
    Basic Statistics :

    In a test of the drug lipitor, 16.7% of the subjects treated with 10mg of atorvastatin experienced headaches. Assume 60 subjects are randomly selected and treated with 10 mg of atorvastatin.

  • Q : Poisson approximation to calculate....
    Basic Statistics :

    Use a Poisson approximation to calculate the probability that Lisa smiles at Milhouse on exactly three days in a month.

  • Q : Determine the analysis of variance for each....
    Basic Statistics :

    Consumer report does a study on 50 of the most popular computer printer brands. The data collected includede the reatil price ($) for each brand and its equivalent printing speed (# pages per minute

  • Q : Number of successes on n success or failure trials....
    Basic Statistics :

    Use the binomial probability distribution when your random variable is the number of successes on n success or failure trials when the probability of success, p , is the same for each trial, and the

  • Q : Probabilities through the values....
    Basic Statistics :

    Assume the probability that a newborn is a boy is 51 %, that is, p = 0:51. Suppose a family has 8 children. (a) What is the distribution law followed by the number of boys in such a family? (b) Deno

  • Q : Mean and variance of the random variable....
    Basic Statistics :

    Determine the mean and variance of the random variable.

  • Q : Process stops once....
    Basic Statistics :

    Assume that the process stops once there are no red balls in the urn. Model this process as a Markov chain. Give the transition probability matrix

  • Q : What is the probability that at least one....
    Basic Statistics :

    A sample of 2 different calculators is randomly selected from a group containing 18 that are defective and 37 that have no defects. What is the probability that the 2 calculators chosen have no defe

  • Q : Variable corresponding to the sum....
    Basic Statistics :

    Let x be a random variable corresponding to the sum of the numbers on two fair dies(Hints, 2,3,4,....,12), Find the probability of P{x<8}.

  • Q : Calculate the probability that lisa smiles....
    Basic Statistics :

    What is the probability that Lisa smiles at Milhouse on exactly three days in a month? Use a Poisson approximation to calculate the probability that Lisa smiles at Milhouse on exactly three days in

  • Q : Margin of error at the confidence level....
    Basic Statistics :

    A population has a known standard deviation of 25. A simple random sample of 49 items is taken from the selected population. The sample mean (x-bar) is 300. What is the margin of error at the 95% co

  • Q : Normal distribution with a mean....
    Basic Statistics :

    Body mass index for newborns follows a normal distribution with a mean of 14 and standard deviation of .95. A doctor delievers 3 babies a day. What is the probability the average body mass index is

  • Q : What is the probability to finish the gamble....
    Basic Statistics :

    One person has 3 dollars to gamble; each time he uses only one dollar, the probability is 60% to lose and 40% to win. If he accumulates 5 dollars or loses 3 dollars, he will stop the gamble. Using t

  • Q : Extensive survey of customers....
    Basic Statistics :

    An extensive survey of customers of three major cable companies(A,B,and C) found the following: Company A will keep 71% of its customers, 12% will move to B and the rest will move to C

  • Q : Mean and standard deviation of probability distribution....
    Basic Statistics :

    Determine the probability that exactly two of these vehicles require warranty service. Compute the mean and standard deviation of this probability distribution

  • Q : Downtown parking authority of tampa....
    Basic Statistics :

    The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 241 customers on the number of hours cars are parked and the amount they are charged.

  • Q : Distribution of market by finding steady state vector....
    Basic Statistics :

    Find the distribution of the market by finding the steady state vector.

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