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Theoretical probability and Experimental Probability
Suppose you roll a 6 sided die 600 times and get a one 66 times, a two 150 times, a three 120 times, a four 78 times, a five 102 times, and a six 84 times.
a. State the sample space.
b. Find the experimental probability for each of the outcomes.
c. Find the theoretical probability for each of the outcomes of the experiment of rolling a 6 sided die.
d. Comparing the experimental and theoretical probabilities, can you say the die used in this experiment is a fair die? Why or why not?
Beta and required rate of return stock has required return of 11%; risk-free rate is 7%t; and market risk premium is 4 %. Determine the stock's beta?
Determine for each variable if it is the explanatory variable, the response variable, or whether it could be both.
Utilizing the chart parameters developed above to define the control charts for future candy bar production, Compute the appropriate plotting points from the data.
Find the probability that the driver was intoxicated or the pedestrian was not intoxicated?
An experiment was carried out to assess the effects of four tomato varieties and four planting densities on yield. There were 64 plots, and each of the 16 factor combinations was randomly assigned to 4 plots.
A study of 40 bowlers showed that there average score was 186 the standard deviation of the population is 6. Find the 95% confidence interval of the mean score for all bowlers.
Determine estimated average starting salary for school with average GMAT of 600 points?
What is the equation for least squares line? Calculate the coefficient of determination.
It has been evaluated that 30% of all farms are family-owned. In sample of 12 farms, determine the probability that exactly 3 farms are family owned?
Perform a contingency analysis on the data to determine if there is any dependency between the number of level of education attained by the father and the size of his family.
Utilizing the 5% level of significance was there a significant change in cholesterol level. Elucidate your answer to someone who has never ever taken a course in statistics.
Calculate the z - scores for the three samples, compare the z score to the t-statistic, is the null hypothesis accepted or rejected?
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