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* Based on your experience thus far in this class, what is the probability that you will receive an "A" grade?* Explain the factors you have used in arriving at this probability assessment.* Do you believe that all students in your class will arrive at the same probability assessment that you have? Why or why not?* Explain what is meant by subjective probability. Research the Internet, and provide a business-related example in which subjective probability assessment would likely be used (be sure to cite your sources).* Provide an example of when you have personally used subjective probability assessment or how you might use it in the future.
A prison official wants to estimate the proportion of cases of recidivism. In examining 250 convicts there are 65 cases. with 99% confidence interval what is the range? How do you figure this type of problem?
What is the probability that a cereal would both high calorie and high fiber? In other words, what is P(high calorie and high fiber)?
He wants to be 95% confident that his estimate is correct. If the standard deviation is $1050, how large a sample is needed to get the desired information and to be accurate within $200?
What proportion of children 10 to 15 years of age have total cholesterol between 180 and 190? B. what proportion of children 10 to 15 years of age would be classified.
The sample mean life is 5.5 years with a standard deviation of 0.6 years. If you were constructing a 99% two-sided confidence interval estimate, the lower limit would be?
he standard deviation of the sample proprortion is 5.3%. How large a sample (to the nearest person) would be required to reduce this standard deviation to 3.7%?
A bridge hand consists of 13 cards dealt at random from an ordinary deck of 52 playing cards. How many possible bridge hands are there?
Residents of Mill River have fond memories of ice skating at a local park. An artist has captured the experience in a drawing and is hoping to reproduce it and sell framed copies to current and former residents.
What is the probability that a randomly selected tire will have a life of at least 30,000 miles?
What proportion of 330 cci cars fall between 26 to 30 miles per gallon range? Compute the percentage of each of the car models that get 30 or more mpg.
The researcher expects a 12-point treatment effect and plans to use a two-tailed hypothesis test with a = 0.05.
Depends on the satellite information illustrate what is the expected number µ of real forest fires on the Seward Peninsula.
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