Why the distribution becomes plausible

Assignment Help Basic Statistics
Reference no: EM13153301

Suppose that the small, independent measurement errors combine not by addition but by multiplication. In particular, suppose each error alters the measurement by some proportion (which implies multiplication). A log-normal distribution results (which gets its name from the fact that if the logarithm is taken, the distribution becomes normal). But why is that plausible?

Reference no: EM13153301

Questions Cloud

Oregon great forecasts the new loans : The management of its loan department is preparing hiring plans for the next year, particularly the ideal staffing level for loan representatives (who care called loan reps). Based on past and planned future sales of loans, Oregon great forecasts the..
Manufacturing overhead flexible budget : Prepare a monthly manufacturing overhead flexible budget for each increment of 3,000 direct labor hours over the relevant range for the year ending December 31, 2008.
How many g of o2 are reacted : If 20.0 g acetylene is allowed to completely react with oxygen , how many g of O2 are reacted? 2C2H2 + 5O2→ 4CO2 + 2H2O
Calculate the diluted earnings per share : Assuming there are no antidilutive securities, what is the number of shares Feterik should use to compute diluted earnings per share for the year ended December 31, 2011?
Why the distribution becomes plausible : A log-normal distribution results (which gets its name from the fact that if the logarithm is taken, the distribution becomes normal). But why is that plausible?
Which of the is not one of the common ways to perform : Active transport requires the input of energy into a system so as to move solutes against their electrochemical and concentration gradients. WHich of the following is not one of the common ways to perform active transport?
Calculate the energy required to raise the temperature : The specific heat capacity of silver is 0.24 J/°C · g. Calculate the energy required to raise the temperature of 120.0 g Ag from 273 K to 305 K
What is zero working capital : What is zero working capital? How would you define zero working capital? When would this be used? Would this model be applicable to all organizations? Explain your answer.
Basics of diluted earnings per share : The amount that should be shown as Atwater's diluted earnings per share for 2011 (rounded to the nearest cent) is:

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd