Continuous or discrete random variable
If a chemical compound is randomly selected and its pH X is determined, is X a continuous or discrete random variable? Explain. (Note: pH reading runs from 0 to 14)
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The probability mass function, Px(x), of a discrete random variable X is given by:
Determine the 2nd moment of X. Obtain an estimator of sigma using the method of moments and then compute the estimate for the data.
Write the null and alternative hypotheses. In this context, describe the Type I error possible. How might such an error impact the company?
To carry hypothesis tests or to compute confidence intervals for risk and odds rations, we use the natural log of the sample risk or odds ration in place of their actual values. We do because:
Given the student waited less than 45 minutes, what is the probability they waited less than 20 minutes? What is the standard deviation of waiting time?
A plumbing company receives a shipment of plumbing pipes from a manufacturer that gurantee only 6% of their products are defective. 200 pipe sections were selected from the lot at random.
Determine the critical values for a two-tailed test when a = 0.03.
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