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A homogenous transition probability matrix is given below. Find the steady state probabilities of state.
States 1 2 3 4
1 0.4 0.3 0.2 0.1
2 0.3 0.3 0.2 0.2
3 0.1 0.4 0.3 0.2
4 0.1 0.4 0.4 0.1
How would your answer change if P11 = 1.0
We have a box of 12 light bulbs. The probability that a particular light bulbs lights on opening is 0.95. This meets the binomial assumptions. Find the probability that 9 light bulbs light up.
Consider the multiple regression equation, = 100 + 20x1 - 3x2 + 120x3
A. what is the probability a randomly chosen business customer flying is on a jumbo jet? B. what is the probability a randomly chosen non-business customer is on an ordinary jet?
How would I calculate estimates of L, Lq, W, Wq and probability that there is no customer in the system? How would I calculate L, Lq, W, Wq and probability there is no voter in the system with 2 customer service representatives?
You just saw an ad on television that states the majority of the population would vote to make smoking illegal. The poll that is referenced shows 53% of those asked supported making smoking illegal.
Critically discuss the purpose of developing a frequency distribution? What is the relationship between the relative frequency and the cumulative frequency? Could a frequency distribution contain qualitative data? Why?
A sample of farms is $1200, with a standard deviation of $350. Assume the data set has a bell-shaped distribution. Between what two values do about 95% of the data lie?
A nationwide test taken by high school sophomores and juniors has three sections, each scored on a scale of 20 to 80. In a recent year, the national mean score for the writing section was 47.2 , with a standard deviation of 10.2.
Severity of pain is influenced by the timing of pain interventions in sickle-cell crises and immediate intervention is better than either slightly delayed intervention or initiation at crisis stage.
Will an SRS of size 1785 usually give a result p-hat within plus or minus 3 percentage points of the true population proportion? Explain.
Develop a multiple regression model in which your dependent variable is explained by several independent variables.
The tolerance of the automatic filling machine, leads to weights of bags being approximately Normally distributed with standard deviation 5g.
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