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Let F be a social welfare function satisfying the independence of irrelevant alternatives property, and let a, b be two distinct alternatives. Let P N and QN be two strict preference profiles satisfying
a>Pi b ⇔ a>Qi b, ∀i ∈ N.
Prove that a ≈F(P N ) b if and only if a ≈F(QN ) b.
A manager is thinking of providing, on a regular basis, in-house training for employees preparing for an inventory management certification exam. In the past, some employees received the in-house training before taking the exam, while others did n..
Using Coefficient of Variation determine in which year do the ages show a more dispersed distribution? Show your complete work and support your answer.
describe the characteristics of the f distribution. provide examples.what are we testing when we test for two
Let X1, ... , Xn be i.i.d. r.v.'s with (?nite) unknown mean m and (?nite) known variance s 2, and suppose that n is large.
A random sample of 10 adult king crabs was collected, and 3 of them were found to be infected with the parasite. Construct the posterior probability distribution of the proportion of infected adult crabs, and plot it.
An experiment is designed to test the potency of a drug on 20 rats. Previous animal studies have shown that 10-mg dose of the drug is lethal 5% of the time within the first 4 hours; of the animals alive at 4 hours, 10% will die in the next 4 hours..
WLD Incorporated, a national data-collection agency, estimates that 55% of all customers at home warehouse stores (in the United States) own their own home.
a sample of 81 account balance of a credit company showed and average balance of 1200 with a standard deviation of 126.
1 suppose we want to determine the binomial probabilityp of getting 4 heads in 15 flips of a 2-sided coin.nbsp using
Perform a test that will compare all four means at once. We are not interested in pair-wise comparisons at this stage - Test whether the four means are equal at the 5% level of significance.
What is the probability that at least one of five randomly selected 40-year-old females will not live to be 41 years old? Would it be unusual if at least one of five randomly selected 40-year-old females did not live to be 41 years old?
Explain the various methodologies and applications relating to levels of measurement, central tendency, dispersion, and other key statistical metrics.
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