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The amounts of money won by the top ten finishers in a famous car race are listed below.$1,172,246 $163,659 $440,584 $350,634 $290,596$186,731 $145,809 $143,209 $139,096 $125,106(a) Find the mean and median winnings. Round the median to the nearest dollar. (b) Which measure- the mean or the median- best represents the data? Define your reasoning. (c) Explain the shape of the histogram. ( Use the mean and median values)
The Null Hypothesis - H0: The random errors will be normally distributed The Alternative Hypothesis - H1: The random errors are not normally distributed Reject H0: when P-v
Coefficient of Determination The coefficient of determination is given by r 2 i.e., the square of the correlation coefficient. It explains to what extent the variation
Binomial Distribution Binomial distribution was discovered by swiss mathematician James Bernonulli, so this distribution is called as Bernoulli distribution also, this is a d
for this proportion, use the +-2 rule of thumb to determine the 95 percent confidence interval. when asked if they are satisfied with their financial situation, .29 said "very sat
Make a decision about the given claim. Use only the rare event rule, and make subjective estimates to determine whether events are likely. For example, if the claim is that a coi
how can i use continuous frailty in multi state models?
Charts when the Mean and the Standard Deviation are not known We consider the data corresponding to the example of Piston India Limited. Since we do not know population mean a
#questionMaximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0..
practical application of standard error
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