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1. A fair coin is tossed 100 times. The expected number of heads is 50, and the standard deviation for the number of heads is (100 · 1/2 · 1/2)1/2 = 5. What does Chebyshev's Inequality tell you about the probability that the number of heads that turn up deviates from the expected number 50 by three or more standard deviations?
2. Write a program to toss a coin 10,000 times. Let Sn be the number of heads in the first n tosses. Have your program print out, after every 1000 tosses, Sn - n/2. On the basis of this simulation, is it correct to say that you can expect heads about half of the time when you toss a coin a large number of times?
paired samples t-test for the given data.a local voluntary organization affiliated to the citizens advice bureau offers
An economist wishes to estimate the average family income in a certain population. The population standard deviation is known to be $4,500, and the economist uses a random sample of size = 225.
A person purchased a slot machine and tested it by playing it 1,245 times. There are 10 different categories of outcomes, including no win, win jackpot, win with three balls, and so on.
you are given the accompanying response data on concentration of a chemical as a function of time. the six sets of
you plan to conduct a survey to find what proportion of the workforce has two or more jobs. you decide on the 99
Historical data suggests a standard deviation in the first sample of 10 and a standard deviation in the second sample of 16. Find a 95% confidence interval for the population difference.
the lengths in centimetres of nails produced in a factory are normally distributed with mean 4.0 and variance 0.0016.
it is believed that of the tea consumers at mccalisters deli 50 order sweet tea event a 40 request a lemon in their tea
Explain the concept of "Regression Analysis", its types (3 types at least), applications and usefulness. Provide real application of its usage. Some times, Maximum likelihood estimation is not applicable, Explain and provide an example?
the quality-control manager at a light bulb factory needs to determine whether the mean life of a large shipment of
What is the rejection point at α = .01 and indicate if you would accept or reject H o ?
There are different types of forecasting models that can be used in business research. Each model is suitable for a type of historical demand data. Some data may have a trend, may be without a trend, or may be seasonal.
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