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Let X1,..., Xn be a random sample recorded as heads or tails resulting from tossing a coin n times with unknown probability p of heads. Find the MLE pˆ of p. Also using the invariance property, obtain an MLE for q = 1 - p. How would you use the results you have obtained?
suppose a manufacturing company makes a certain item. the time to produce each item is normally distributed around a
in a recent study on gender differences in education a sample of 7 boys had a mean score of 18.8 and a standard
Explain the difference between a discrete and a continuous random variable. Give two examples of each type of random variable.
the 10 year survival rate for bladder cancer is approximately 50. if 20 people who have bladder cancer are properly
A sales manager for an advertising agency believes that there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. What is the dependent variable
Use the normal approximation to the binomial distribution and part (b) to answer the question: What is the probability that a seat will be available for every person who shows up holding a reservation?
Assuming that the distribution of the salaries is normal, what is the probability that the average for this sample is between $36,000 and $42,000.
When there are multiple observations per subject, what issues are there with doing a MNL and an ordered logit model, answer in detail and provide example.
What is the probability that the sample of 16 pencil leads will have an average MIR between 6400 and 6550 psi? What assumptions did you make when answering the previous questions?
question 1 a company sells packets of biscuits that they claim on average contains at least 20 g biscuits in each
A company has just manufactured 1694 CDs and 376 are defective. If 9 of these CDs are randomly selected for testing, what is the probablity that the entire batch will be accepted?
You are working on an analysis of your company's current cost structure reviewing the various fixed and variable costs within your firm. Your objective is to maximize your firms profit.
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