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Today in the morning a person went to the bank and accepted he filled in the wrong way his request. The manager requests you to help him determine what is the probability for that person to fill his request on purpose. And the manager hopes you help him take a decision of to grant him or not the requested credit, in case you grant it, could it represent a good income for the bank. Should the credits manager authorize the request? why?
*Use the bayes theorem for an easier way to solve it
Suppose the amount of time it takes to assemble a plastic module ranges from 27 to 39 seconds and that assembly times are uniformly distributed.
consider a virus that is spread by transfusions of blood contaminated by the virus a person receiving contaminated
Create a sample frequency distribution for one of the variables. Choose either a simple or grouped frequency distribution and explain your choice.
both of which imply that MBAs have an advantage in being promoted. - Can you derive the probabilities in Equation (4.15)? Can you shed any light on this "paradox"?
Determine the first and third quartiles. Develop a box plot. Are there any outliers? Do the amounts follow a symmetric dis- tribution or are they skewed? Justify your answer.
Using the .10 level of significance, can we conclude that the assembly time using the new method is faster?
Describe the shape of the dataset. Explain whether it is symmetric or skewed.- Are there any outliers? For any outlier, give a value for the number of ear pierces, and explain why you think the value is an outlier.
The residents play both shuffleboard and poker, find the probability that a resident plays poker, given that they garden (that is, find P(poker | garden).
How old is that tree? One can determine how old a tree is by counting its rings, but that requires cutting the tree down.
What is the meaning of central tendency? What are the most popular measures of central tend? When is the median the best measure of central tendency over mean?
Assume the underlying distributions are continuous. Use the Kruskal-Wallis test with a = 0.01 to determine if there is any evidence that the populations
A consumer agency wanted to find out if the mean time taken by each of three brands of medicines to provide relief from a headache is the same.
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