Assess the probability that the friends will get an a

Assignment Help Basic Statistics
Reference no: EM131772423

Question: Suppose you have a friend who is willing to ask her friends a few questions and then, based on their answers, is willing to assess the probability that those friends will get an A in each of their classes. She always assesses the probability to be either .10 or .90. She has made hundreds of these assessments and has kept track of whether her friends actually received A's. How would you determine if she is well calibrated?

Reference no: EM131772423

Questions Cloud

Find the payback period : A project has the following cash flows. Find the payback period. Type in your answer as a number only, and round to the nearest hundredth.
Discuss how managerial accounting helps managers : Describe the role of managerial accounting in contemporary business. Provide one specific, real-life example of how managerial accounting helps managers
Discuss the percent of sales method of forecasting : A firm's sales increase by 50 percent and inventory was $100,000. According to the percent of sales method of Forecasting
Prepare a manufacturing cost budget : Question - Manufacturing Cost Budget. Prepare a manufacturing cost budget for April 2010
Assess the probability that the friends will get an a : Suppose you have a friend who is willing to ask her friends a few questions and then, based on their answers, is willing to assess the probability.
Describe testing procedure that will mitigate vulnerability : Provide a short paragraph for each family describing the testing procedure that will mitigate the vulnerability.
Indicate the appropiate action the auditor should take : Indicate the appropiate action the auditor should take for each of the following independent responses to the letter of audit inquiry
Demonstrate the ability to establish personal work goals : BSBWOR501 - The student will also demonstrate the ability to set and meet work priorities and Review job description and your organisations operational plan
Prepare the general journal entries to record transaction : Prepare the general journal entries (bugetary and actual) to record the following transaction of the Quinones County General Fund

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