Probability, Applied Statistics

Assignment Help:
.1 Modern hotels and certain establishments make use of an electronic door lock system. To open a door an electronic card is inserted into a slot. A green light indicates that the door can be opened; a yellow light indicates that the door is locked from the inside. Suppose that 90% of the time when the card is inserted, the door should open and a green light will appear with probability 0.98. When the door should not open a green light may still appear (electronic error) 5% of the time. Suppose a card has just been inserted and the light is green.

Related Discussions:- Probability

Quota sampling, Quota sampling Under this method enumerators shall sele...

Quota sampling Under this method enumerators shall select the respondents in place of those not available, as per the quota fixed according  to guide lines   provided to them.

Heteroskedastic-consistent standard errors, The following table shows the r...

The following table shows the results of fitting a linear regression model of starting annual salaries on a constant, GPA (4 point scale), and a variable (Metrics =1) indicating wh

Example of discrete random variable, Example of discrete random variable: ...

Example of discrete random variable: 1. What is a discrete random variable? Give three examples from the field of business. 2. Of 1000 items produced in a day at XYZ Manufa

Find the rank correlation coefficient, 1. Calculate the mean and mode of: ...

1. Calculate the mean and mode of: Central size 15 25 35 45 55 65 75 85 Frequencies 5 9 13 21 20 15 8 3 The following data shows the monthly expenditure of 80 students of

Standard cost method, Under the standard cost method which is also referred...

Under the standard cost method which is also referred as the standard cost method ,stock receipts are assigned a standard cost. Any variations between the actual cost and standard

Canonical correlation analysis, Canonical correlation analysis (CC) allows ...

Canonical correlation analysis (CC) allows the investigation of the relationship between two ,sets of variables. For example, a sociologist may want to investigate the Relationship

Probability theory, Origin and Development of probability Theory: The c...

Origin and Development of probability Theory: The credit for origin and development of probability goes to the European gamblers of 17 th century. They  used to gamble  on gam

Regression, why we use dummy variable

why we use dummy variable

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd