Estimate of bernoulli beta
How to express MSE of Bayes estimate of bernoulli -beta without parameter p.
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An investment opportunity will pay $20 with a 40% probability, $10 with a 20% probability, $30 with a 30% probability, and $40 with a 10% probability. Calculate the standard deviation of the investment?
Discuss what will have a greater impact on the future costs of health care in the United States: social and political changes or technological and medical advances? Explain your reasoning.
The mean value of land/acre from a sample of farms is $2400 with a standard deviation of $450. Assume the distribution is bell-shaped.
Economists often note that there is no such thing as a free lunch. Michael makes a great point. When discussing borrowing, it is important to point out that borrowed money may increase spending today but will have to be paid back sometime in
Two small open economies, Flex and Fixed, can be described by the Mundell-Fleming model. The countries are otherwise identical except that Fixed maintains a fixed exchange rate, while Flex maintains a flexible exchange-rate regime.
A random sample of 250 nurses is selected from all nurses working in West Virginia. Of the 250, 176 say that they're generally satisfied with their working conditions.
Evaluate whether increased tourism may be the best use of the island's resources in the long term by using the concept of scarce resources and opportunity cost.
According to the sources 20% of employed engineers are licensed. If we take a random sample of 15 engineers, what is the probability that
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