Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Companies that do business over the Internet can often obtain probability information about Web site visitors from previous Web sites visited. The article "Internet Marketing" (Interfaces, March/April 2001) described how click stream data on Web sites visited could be used in conjunction with a Bayesian updating scheme to determine the gender of a Web site visitor. Par Fore created a Web site to market golf equipment and apparel. Management would like a certain offer to appear for female visitors and a different offer to appear for male visitors. From a sample of past Web site visits, management learned that 60% of the visitors to ParFore.com are male and 40% are female.
a. What is the prior probability that the next visitor to the Web site will be female?
b. Suppose you know that the current visitor to ParFore.com previously visited the Dillard's Web site, and that women are three times as likely to visit the Dillard's Web site as men. What is the revised probability that the current visitor to ParFore.com is female? Should you display the offer that appeals more to female visitors or the one that appeals more to male visitors?
What is an example of a normal distribution? please articulate what the example is (post the graph, picture of the graph, etc); discuss what the normal distribution means for this example, and how the graph is being used to articulate the problem.
According to the National Football League, the average salary for players for the 2010 season was about $1.9 million while the median salary is around $770,000. Why are both numbers reported? What might the difference between the two statistics me..
One man can fix a machine in four hours and two men working together can fix a machine in three hours. The total maintenance cost (including downtime cost) in the case of two repairmen on duty is:
Calculate the mean of the 20 samples and draw a histogram showing the 20 sample means and describe the distribution of the x-bars that you see in part b (shape of distribution, center, and the amount of dispersion).
100 M&M candies are randomly selected. The 100 weights have a standard deviation of 0.0518 g. Construct a 95% confidence interval estimate of the standard deviation of weights of all M&Ms.
Ms Moline is the budget director for Nexus Media Inc. She is comparing travel costs for sales and the audit staff. She collected the following sample data:
Given a binomial distribution with n=29 and p=0.83, would the normal distribution provide a reasonable approximation? Why or why not.
What is the 95% confidence interval for the proportion of all delinquent customer accounts at this manufacturing company?
What is the probability that 30 or more paid by credit? d. What is the probability that less than 12 paid by credit? e. What is the probability that 12 to 30 paid by credit?
Population of following N=5 scores: 0,6,4,3, and 12. Calculate μ and σ for the population. Determine the z-score for each score in the population.
question on february 8 2002 the gallup organization released the results of a poll concerning american attitudes
According to study done by Nick Wilson of Otago University, the probability a randomly selected individual will not cover his or her mouth when sneezing was 0.267. Suppose you sit on a mall bench and observe 200 people pass by as they sneeze.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd