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For normal random variables, the probability of being within one standard deviation of the mean is 0.68.
That is, P(µ-σ ≤ X ≤ µ+σ) = .68 if X has a normal distribution. For non-normal distributions, is it safe to assume that this probability is again 0.68? Explain your answer.
(a) Argue that Xn, n 0 is a Markov chain. (b) Find E[Xn|X0 = i]. (c) Derive an expression for its transition probabilities. (d) Find the long-run proportion of time that exactly j people are active.
a random sample of 81 credit sales in a department store showed an average sale of 68.00. from past data it is known
Islam and the other monotheistic religions: Write an essay discussing the relationship between Islam, Judaism and Christianity. What does the Qur'an say about the "Peoples of the Book," and how they are to be treated?
a manager of a large corporation recommends a 10000 raise be given to keep a valued subordinate from moving to another
Decision analysis with sample information/expected value/utility analysis/quantitative methodsProblem:A television network has been receiving low ratings for its programs.
The following represents a project that should be scheduled using CPM. What is the probability of completing this project within 16 days?
montgomery peck and vining 2001 report on a study in which a rocket motor is formed by binding an igniter propellant
give an example of how one might use linear programming in the real
If a random sample of 500 students sit for an exam find the probability that 18% to 23% of the students in the sample will pass it the first time.
The number of requests for assistance received by a towing service is a Poisson process with average of 4 requests per hour*. a) Compute the probability that exactly ten requests are received during a particular 2 hour period.
Define probability and explain the three perspectives. Provide an example of each. Describe the difference between subjective and probabilistic sampling methods. What are the advantages and disadvantages of each?
The primary difference between an ordinal level and inteval level variable is: an ordinal level variable has a meaningful zero point while the inteval level variable has no zero point
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