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A sustained long-term change in the level of the variable that is being forecasted per unit of time is: (A trend, A time series, Seasonality or A change due to business cycles)
One use of the Chi-square goodness of fit test is to determine if specified multinominal probabilities in the null hypothesis is correct.
Suppose 10 balls, numbered 1-10, are to be distributed randomly into 10 boxes. a) What is the probability all 10 balls are placed into one box? b) What is the probability that no boxes are empty?
How could your answer in question (a) change if you knew returns followed a skewed distribution instead of a normal distribution? Explain briefly.
The sample mean is 50, the t-critical value is 1.96, and the standard error of the sample mean is 2.
If we assume that the errors made by rounding off are iid and have a uniform distribution over the interval ( - ~, ~), compute approximately the probability that the sum of the integers is within two units of the true sum.
What is the likelihood all four of the selected flights arrived within 15 minutes of the scheduled time?
Find out the mean to the nearest whole number, for the following list of numbers: 20, 43, 67, 52, 67, 44, 62, 90, 21, 19, 15
A deck of cards is shuffled and then divided into two piles of 26 cards each. We say that a suit is unsplit if all 13 cards of that suit are in the same pile. Compute the probability that at least one suit will be unsplit.
Are you doubtful of any of these data points? if so why does there show to be a linear relation between degree of stenosis and nuber of reactive nuclei?
Based on this information, if department employee selects random sample of n = 9 containers, determine probability that mean volume for sample will be greater than 1.01 gallons?
Using the value in the given data table finding the missing values
If he selects the three brands at random, what is the probability that he will select the following?
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