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A certain office building infrequently experiences power outages. It is known that the probability of a power outage on any given day is 0.005, and power outages are independent of each other.
a) What is the probability that during any given 400 day period there will be one day with a power outage?
b) What is the probability that power outages will occur on more than three days during the 400 day period?
Identify a research issue, opportunity, or problem that uses data that has absolute zero measurements. Some examples include a team member's stock portfolios performance
What if the assumption E[u/x]=0 is not satisfied? Illustrate using an example. Explain the relationship represented by a population regression function.
How have statistics been used inappropriately and what are some examples of when you have seen or heard statistics used inappropriately?
Use MegaStat's output for simple linear regression to determine the regression equation
A big part of regression analysis involves hypothesis testing. For example the t-score for b1 tests a hypothesis...what is the H0 and Ha for this hypothesis?
an april 15 2002 report in time magazine stated that the average age for women to marry in the united states is now
It is interested in estimating a 99.97% worst case for percentage of loan that defaults on the portfolio. Show how this varies with the copula correlation.
Describe the correct statistical procedures for analysis for how has quality of care changed in hospitals that are part of a pay for performance (P4P) program?
Identify the implied population in the information here. Government agencies carefully monitor water quality and its effect on wetlands
a shipment of 100 cereal boxes is delivered to a grocery shop. the manager is told that the weights of cereal boxes are
find the area under the standard normal curve for the followinga pz gt 1.15b p0 lt z lt 1.58c p-1.06 lt z lt
one of your companys products a flux capacitor is known to have an exponential failure time distribution with a mean
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