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Suppose that we are to be presented with n distinct prizes in sequence. After being presented with a prize we must immediately decide whether to accept it or reject it and consider the next prize. The only information we are given when deciding whether to accept a prize is the relative rank of that prize compared to ones already seen. That is, for instance, when the ?fth prize is presented we learn how it compares with the ?rst four prizes already seen. Suppose that once a prize is rejected it is lost, and that our objective is to maximize the probability of obtaining the best prize. Assuming that all n! orderings of the prizes are equally likely, how well can we do?
Test the implementation with the following values of p = 2,3,5 on the following time-series:
a taiwanese fast food chain wants to introduce its franchises into the western united states 28 different states .
consider the question what is the probability of getting a 6-card poker hand that contains a card from all four suits
you have a part time job. you work for 3 hours on friday and 6 hours on saturday. you also receive an allowance of 20
At the .01 significance level, is there a difference in the mean number of times men and women order take-out dinners in a month? What is the p-value?
a meteorologist who sampled 13 thunderstorms found that the average speed at which they traveled across a certain state
A particular candidate claims she has the support of at least 60% of the voters in her district. A random sample of 150 voters yields 87 who support her. The candidate wishes to test her claim at the 0.05 level of significance.
Does a regression model imply causation? Why or why not? Provide an example which provides and independent and dependent variable from your place of work.
In a normal distribution
The probability that husband and wife will b alive after 20 years from now is 0.8 and 0.9 respectively.find the probability that in 20 years time 1. both will b alive 2. neither of them will b alive 3. atleast one of them will be alive?
At the 0.05 level, can we con- clude that the geographical distribution of hotline callers could be the same as the U.S. population distribution?
Think of 10 cups with 1 marble in the first cup, 2 marbles in the second cup, 3 marbles in the third cup, and so on. Show that if cups are arranged in a circle in any order, then some three adjacent cups in the circle must contain a total of at le..
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