### Estimate your expected exam score

Assignment Help Engineering Mathematics
##### Reference no: EM131524161

Question: Choose a course that you are currently taking in which the final exam is worth 100 points. Treating your score on the exam as if it were a continuous uncertain quantity, assess the subjective probability distribution for your score. After you have finished, check your assessed distribution for consistency by:

a. Choosing any two intervals you have judged to have equal probability content, and

b. Determining whether you would be willing to place small evenodds bets that your score would fall in one of the two intervals. (The bet would be called off if the score fell elsewhere.)

c. After assessing the continuous distribution, construct a three-point approximation to this distribution with the extended Pearson-Tukey method. Use the approximation to estimate your expected exam score.

d. Now construct an approximation using the extended Swanson-Megill method. Use this approximation to estimate your expected exam score. How does your answer compare with the estimate from part c?

### Write a Review

#### Monthly demands at a minimum cost

Riley's produces two grades of ice cream-creamy and premium. Both are produced by blending two types of dairy mixes. Both dairy mixes contain different amounts of butter fat and skim milk. Their cost per gallon varies accordingly

#### What is the implied irr for this relatively stable company

The price to earnings (P/E) ratio is an after-tax metric reflecting growth potential of the common stock of a corporation.

#### State the appropriate hypotheses for significance test

State the appropriate hypotheses for your significance test. Use the sample results to compute the test statistic and the p-value.

#### Find the probability of picking a fiction book

A library has classified its books into fiction and nonfiction. Furthermore, all books can also be described as hardback and paperback.

#### How many subgroups would need to be sampled after shift

A process that is in statistical control has an estimated mean value of 180 and an estimated standard deviation of 26. Based on subgroups of size 4.

#### Obtain maximum capacity

The graph below represents possible freeway routes from a city A to an airport F. Each segment of the graph has its carrying capacity indicated in cars per minute. Determine the total capacity (maximum) between A and E of the freeway system (assum..

#### Determine the optimal contract structure

Determine the optimal contract structure using the Management Scientist software, including the number of contracts of each type to be placed and the total contribution to profit. Provide a narrative that explains the Management Scientist solution..

#### Fit a simple linear regression model to the data

The number of pounds of steam used per month at a plant is thought to be related to the average monthly ambient temperature.

#### Accumulated the data in the following table

The Hartley-Davis motorcycle dealer in the Minneapolis- St. Paul area wants to be able to forecast accurately the demand for the Roadhog Super motorcycle during the next month. From sales records, the dealer has accumulated the data in the followi..

#### Management of a product line

You have been asked to take over management of a product line by your Division Manager.  Your Cost model for this product line is C = 50(x) + 59,500, where "x" represents units produced during a particular sales period and "C" represents total Costs.

#### Structure of equilibrium as a function

Sketch a phase diagram corresponding to each of these cases. Try to make some general statements about the structure of equilibrium as a function of the parameters.

#### Determine the value of each ton of product requires

Selling and distribution costs are \$20 per ton of product. General overheads are 10% of sales revenue. Tax rate is 50%. Determine the value of Each ton of product requires.