Binomial probability density function

Assignment Help Basic Statistics
Reference no: EM13104218

Identify each variable in the formula for the binomial probability density function. Also, explain what the fraction: n! / (n-x)!x! calculates.

Reference no: EM13104218

Questions Cloud

True false probability : A person makes random guesses for 10 true-false questions on a test. Find the probability that the student answers at least one question correctly.
Activity on arrow diagram to identify project duration : Draw a Activity-on-Arrow Diagram, identify project duration, slack for each activity, and project critical path for the following.
Computing different combinations : There are 8 members on the board of directors. If the board must form a committee of 6 members, how many different ways may the committee be selected from among the 8 board members?
Proportion of all households that own gps machines : A large electronics company wants to estimate the proportion of all households that own GPS machines. What sample size is required that would give the maximum error of 2.0% for a 95% confidence interval? An unscientific survey had a result of 30%.
Binomial probability density function : Identify each variable in the formula for the binomial probability density function. Also, explain what the fraction: n! / (n-x)!x! calculates.
Year-end to arrive at the warranty expense accrual for cars : In the past, Bly has tended to estimate warranty expenses on the high end to be conservative. He must work with the dealership's accountant at year-end to arrive at the warranty expense accrual for cars sold each year.
Probability of day worker : A group of day to day workers can work either 0 hours, eight hours or 12 hours at a pay rate of $9.75 per hour. (The 12 hour day pays regular time for the first eight hours and double time for the remaining four hours.
Determination of net requirements : Semans is a manufacturer that produces bracket assemblies. Demand for bracket assemblies (X) is 135 units.
How to appoint fellow classmate in retail store : You are the manager of a retail store. you are given permission by owner of store to appoint fellow classmate to help out. One day you see classmate take some clothing from store.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Appropriate test at a level of significance

The buyer-believes that the differences are normally distributed and will use this sample to perform an appropriate test at a level of significance of 0.01.

  Population mean on the basis of the sample mean

Estimating the value of the population mean on the basis of the sample mean alone produces a(n):

  Mean assembly time for a random sample

The mean assembly time for a random sample of 24 carts, using the new method, was 40.6 minutes, and the standard deviation of the sample was 2.7 minutes.

  Value of the sample test-statistic

Let p represent the population proportion of all numbers in the corporate file that have a first nonzero digit of 1. What is the value of the sample test statistic? (Round your answer to two decimal places.)

  Statistics and quantitative analysis

Given the following revenue and cost function for a business firm, calculate the break-even quantity, total revenue, total cost and total profit at break-even level of production.

  Calculating the standard error

Calculate the standard error. With 95% confidence, find out the margin of error?

  Test the given hypothesis for the mean decision

State the correct decision and give justification for your decision.

  Problem related to national exercise rate

A researcher believes that the percentage of people who exercise in California is greater than the national exercise rate. The national rate is 20%. The researcher gathers a random sample of 120 individuals who live in the California and finds tha..

  P-value and level of significance

For a hypothesis test about a population proportion or mean, if the level of significance is less than the p-value, the null hypothesis is rejected.

  Questions on correlation and regression

In this problem set you will get some practice performing a linear regression analysis. If you use Statdisk or Excel to perform any portion of these analyses, please include the results, label them, and refer to them accordingly in your interpreta..

  Population regression function

What if the assumption E[u/x]=0 is not satisfied? Illustrate using an example. Explain the relationship represented by a population regression function.

  Find the inverse probability of given data

The manufacturer would like to establish Inventory levels such that there is only a 5% chance of running out of stock. Where the Manufacturer should set the inventory levels?

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