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1. Suppose that a population has mean, µ, and standard deviation, σ. What does the central limit theorem tell us about the distribution of the sample mean?
A and B throw with one dice for a prize of Rs.11 which is to be won by a player who first throws 6. If A has the first throw, what are their respective expectations?
What are the characteristics of a good measure of central tendency
show the differences between histogram and historigram
importance of time series in statistics
Consider a population of consumers uniformly distributed along the interval from left-hand (x = 0) to right-hand (x=1). The mass of consumers is 1. There are two firms (F1 and F2)
definitions
Standard Deviation: The standard deviation is a gauge of the variance, or dispersion, of the market return over its average returns. Thus Standard Deviation gives an insight of tot
Skewness It is the comparison of the mean, median and mode can reveal information about the characteristics of skewness. Definition The distribution of the data is ske
Characteristics of index number
What is the sampling and it importance in daily routain life. Explain stratify sampling
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