Please explain how a continuous random variable

Assignment Help Business Management
Reference no: EM131011817

Please explain how a continuous random variable differs from a discrete random variables. Also, explain what a continuous probability distribution is and how it is used, and the properties of the normal distribution.

Remember that using daily life examples always makes the subjects clearer.

Reference no: EM131011817

Questions Cloud

Why did you choose these strategies : What are some strategies leaders can utilize to manage team conflict? Support your writing with current academic literature.
Discuss the two basic categories of health policies : Compare and discuss the two basic categories of health policies in the United States. Give an example of federal or state legislation that reflect each category
The effect of correlation : Diversi?cation works better when the investments in a portfolio have small correlations. To demonstrate this, suppose that returns on 500 Index Fund and Diversi?ed International Fund had the means and standard deviations we have given but were unc..
Mean and standard deviation : In fact, the insurance company sees that in the entire population of homeowners, the mean loss from ?re is μ = $300 and the standard deviation of the loss is σ  = $400.
Please explain how a continuous random variable : Please explain how a continuous random variable differs from a discrete random variables. Also, explain what a continuous probability distribution is and how it is used, and the properties of the normal distribution.
Transform the distribution of heights : A report of the National Center for Health Statistics says that the heights  of 20-year-old men have mean 176.8 centimeters (cm) and standard deviation 7.2 cm. There are 2.54 centimeters in an inch. What are the mean and standard deviation in inch..
Encyclopedic information on the market/country of interest : Marketing (select a product/service) In (select an international market) This type of a paper will contain the analysis of the market environment, proposed market segments and the marketing mix. One should, at the beginning of the course gather some ..
Will you assume independence : In which of the following games of chance would you be willing to assume independence of X and Y in making a probability model? Explain your answer in each case.
A manufacturer of exercise equipment purchases : A manufacturer of exercise equipment purchases the pulleysection of the equipment from a supplier who lists these prices: less than 1000, $5.9 each; 1,000 to 3,999, $5.5each; 4,000 to 5,999, $5.0 each; and 6,000 or more, $4.6 each.

Reviews

Write a Review

Business Management Questions & Answers

  Ethics affect the managerial decision-making process

How do ethics affect the managerial decision-making process?

  Sports management and person-job matchdescribe the three

sports management and person-job matchdescribe the three elements necessary for success in sport management people

  Analyzing the current market conditions

Analyze and discuss the current market conditions of the organization/industry you selected during Week One.

  Organizational behavior analysis

Organizational Behavior Analysis

  Identifying and evaluating potential outcomes of negotiation

The aim of the major negotiation exercise assessment is to help the student focus on the latter stages of the negotiation process by identifying and evaluating potential outcomes of a negotiation, demonstrating negotiation skills taught in the cou..

  What info seems to be common to all of the sites you visited

What info seems to be common to all of the sites you visited? What did you imagine to find on the sites? Is there other info you were looking for that you did not find? Be specific

  Explain a contract may condition the performance of a party

Explain A contract may condition the performance of a party upon the approval of a third party. Is this true?

  Explain work in project groups

A local public relations firm that arrogances itself on customer satisfaction has been experiencing several employee-related problems. Workers in this company work in project groups consisting of three to seven people

  Provide an analysis on customer behavior

Perform a Join operation on the tables tbl Customers and tbl Orders and develop a query to generate a report on customer transaction data.

  Explain the organizational buyer and consumers of your goods

Explain the organizational buyer and consumers of your product or service and the factors that influence their purchasing decisions

  Important difference in providing customer benefits

Elucidate how are core competencies giving the organization an important difference in providing customer benefits also perceived value.

  Many multinational companies fail in their expansion in emer

Ordic telecom provider TeliaSonera grew from being a local telecom provider in the Nordic region to a trend-setting international player in Eurasia markets. It's 150-million strong customer base spans across the Nordic and Baltic countries to the Him..

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