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Emergencies (an hence rescues) occur uniformly along a 4 mile stretch - ie: X is location and has a U[0,4] pdf. d. What would be your answer if emergencies are twice as likely to arise in the northern two-mile stretch than in the southern two-mile stretch (but are uniformly distributed within each two-mile stretch)? Find the numerical solution to this part.The optimal location of the river rescue team when emergencies are twice as likely between 2 and 4 than between 0 and 2 (but uniformly distributed on each section).
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Describe a normal distribution. What two parameters determine its location and shape and what proportion of trucks can be expected to travel between 80,000 and 120,000 kilometres in the year?
Use decision analysis tools discussed in class to determine what action the firm should pursue in order to minimize expected loss; either manual analysis or software is acceptable. Please also calculate the minimum expected loss.
Barrows Textile Mills produces two types of cotton cloth-denim and corduroy. Corduroy is a heavier grade of cotton cloth and, as such, requires 7.5 pounds of raw cotton per yard, whereas denim requires 5 pounds of raw cotton per yard. A yard of..
Give the state transition probability matrix
Rob rales is preparing a report that his employer will eventually deliver to the FFA. First, the report must be approved by both of his two supervisors. Each of these supervisors acts independently in the review of these reports. Supervisor A ..
Describe each r value in words
Study whether systolic blood pressure varied by time
Define opportunity loss. What decision-making criteria are used with an opportunity loss table? Explain how a scatter diagram can be used to identify the type of regression to use.
Suppose than an instructor want wants to investigate whether the font used on an exam affects student performance as measured by the final exam score. She uses four different fonts (time , courier, helvetica, comic sans ) and randomly assigns h..
The distribution of systolic blood pressure measurements for women over seventy-five.
What was the sample size and how was the data collected? State the meaning of the confidence interval in terms of the specific question or poll.
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