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Please make examples thorough enough at least 100 words each response.
In your own words what is the difference between permutations and combinations? I need 3 real world examples of where order matters in a choice ¦.and have to make and 3 examples of choices where order does not matter.
What are some of the benefits of being able to find the expected value of a probability distribution? Give an example of how this could be used your advantage in a business setting.
What can variance and standard deviation tell you about a set of data? How do you know what is an acceptable level of variance for your data? Give an example of a real world situation where you can apply your knowledge of variance and standard deviation.
Why is a normal distribution curve a good way to display data? What are the two main properties that describe the curve and what can you tell by just those two numbers. Give an example of a real world situation where you could use a normal curve to make a decision.
Calculate the mean, mode and median of the grouped data derived from the frequency distribution above. Compare the results obtained from
A basketball player shoots 8 free throws during a game. If we assume that each attempt has the same probability of success, the sample space for the number of baskets he/she makes during the game is ??
Estimate descriptive statistics for each investment via Excel. Compare the two investments. Be sure to comment on the central tendency, variability and shape of these two investments (Note: use the most appropriate measure when comparing the varia..
Setermine the probability that a specific driver had exactly two violations?
The analysis needs to be re-run adding the error into the regression sum of squares.
A random sample of 16 pharmacy customers showed the waiting times below (in minutes). Find a 90 percent confidence interval for μ, assuming that the sample is from a normal population.
in a survey of 604 males ages 18-64 397 say they have gone to the dentist in the past year.the 90 confidence interval
Is the owner's optimism or pessimism about sales the only factor that may impact the company's profits? The equipment to be purchased is known in the industry to have a useful life of five years. How might this impact the printing company
An important feature of digital cameras is battery life, the number of shots that can be taken before the battery needs to be recharged. The file contains battery life information for 29 subcompact cameras and 16 compact cameras. (Data extracted f..
Draw the suitable 2x2 table, compute and interpret suitable measure of association.
What is the point estimate for the difference between the means of the two populations?
recall the gas station example where y is the daily revenues from the gas station. suppose a random sample of 5 days
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