Characteristics of the binomial

Assignment Help Basic Statistics
Reference no: EM131196206

Answer should be informal, and around 2-3 paragraphs with 2 in-text citations from internet sources. See below for question. (I check for plagiarism)

Provide an example of a binomial random variable as it applies to something in your personal or professional life. Specifically, provide a "real world" example of a random variable that would satisfy the characteristics of the binomial. Be specific.

Reference no: EM131196206

Questions Cloud

Compute the probability that a sample contains : "A bin of 50 parts contains 5 that are defective. A sample of 10 parts are selected at random, without replacement. Compute the probability that a sample contains at least four defective parts."
How the company identified in your research can use the cash : Next, evaluate how the company identified in your research can use the cash flow statement to project efficient uses of the cash hoard it has accumulated.
What is the authors main point : WHAT IS THE AUTHORS MAIN POINT?-  WHO IS THE AUTHOR INTENDED AUDIENCE?- DO THE AUTHORS ARGUMENTS SUPPORT HER MAIN POINT?
Show that this leverage doubles the expected return : Assume that for $1000 you can purchase a stock whose value is equally likely to fall to $700 or rise to $1400.(The expected value of this investment is $1050)Suppose that in addition to investing $1000 of your own, you borrow $1000 and invest a total..
Characteristics of the binomial : Provide an example of a binomial random variable as it applies to something in your personal or professional life. Specifically, provide a "real world" example of a random variable that would satisfy the characteristics of the binomial. Be specifi..
What is opportunity cost of going to the nickelback concert : Christopher bought a $125 ticket to attend Nickelback concert in Red Rocks. Because it is his favorite rock group, he would be willing to pay up to $200 to attend the concert. However, his friend Keith invites Christopher to go with him to Water Worl..
Prepare the operating activities section of the statement : Prepare the operating activities section of the statement of cash flows for 2017. Use the indirect method. Prepare the operating activities section of the statement of cash flows for 2017. Use the indirect method.
Cross-cultural perspective for the international manager : Cross Cultural Management (BMGT2004S) - Develop an understanding and appreciation of different international business environments with respect to cultural difference - appreciate the importance of cultural intelligence as a success factor in interna..
What is maximum permissible height for a supported scaffold : Which of the following is NOT a component of an assured equipment grounding conductor program? What is the maximum permissible height for a supported scaffold when braces are not used?

Reviews

Write a Review

Basic Statistics Questions & Answers

  If 400 fans who attended a college football game last week

suppose 80 of the college football fans root for the home team. if 400 fans who attended a college football game last

  Build a portfolio optimization system

For good results, you probably need to work with 20 or more securities.  Try to include in your model realistic-type sector, industry, and upper bound constraints, but don't make them too tight.

  How many students expect will be unable to complete exam

Assume that the class has 60 students and that the examination period is 90 minutes in length. How many students do you expect will be unable to complete the exam in the allotted time (0 decimals)?

  Compute confidence interval with unknown mean

Male runners follow a normal distribution with unknown mean u and standard deviation o = 5 kg. You compute 95% confidence interval for u. What is the 95% confidence interval for u?

  Determining percentile rank

For the 20 test scores shown, find the percentile rank for a score of 86.

  Comparing relationship between variables

Which measure of association do you use to compare the relationship between these variables? Why?

  Proposal to the vp of marketing and promotions

How much should they charge for a 2 year extended warranty so that they will still make money selling the extended warranties in the long run and keep the cost of the warranties as low as possible to make them more marketable?

  Discussion about the concept of sampling distribution

Expand upon and paraphrase the following, definitely describe each of the variables - For each variable answer the question is it categorical or numerical?

  What conditional probability that affected person is a woman

What is the probability that all three of these individuals have Alzheimer's disease? What is the probability that at least one of the three people has Alzheimer's disease?

  Find chances of any woman having a boy

A family has 5 children and 1 of them is a boy...the percentage of boy is 1/5, or .020. Do you think one could say the chances of any woman having a boy would be 1/5? Explain your answer.

  Combined effects of two factors on a quantitative response

The purpose of two-way ANOVA is to learn about (a) the means of two populations.

  Find probability that the shirt came from box one

Given this information, what is the probability that the mesh polo shirt came from box 1? (Round your answer to 3 decimal places.)

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