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1. Generate 1000 samples for each of the following discrete random variables: (a). Binomial distribution with n=40, p=0.7, and distr. with n=50, p=0.5 (b). Geometric distribu
Mention the characteristics of Statistics. Explain any two applications of Statistics
Derive the profit function P (p) and the supply function (or correspondence) y (p)for the following three Single-output technologies, whose production functions f (z) are:
What is a basis point? A base factor is a hundredth (1/100) of an amount factor. Indicated another way, one amount factor is equal to 100 base factors. This means that if an amo
AFRS - Talk about AGENCY FINANCIAL REPORTING SYSTEM.
The annual precipitation amounts in a certain mountain range are normally distributed with a mean of 89 inches, and a standard deviation of 16 inches. What is the probability that
Singer & Mcmann are partners in business. Singer''s original capital was $40,000 and Mcmann''s was $60.000. They agree to salaries of $12,000 and $18,00 respectively and 10% inte
Two researchers test the same hypothesis. Researcher A rejects the null hypothesis and researcher B fails to reject the null hypothesis. Discuss three reasons that could cause the
You have recently joined XYZ, an international company that produces a wide range of office supplies and stationary goods. In your new role as Group Management Accountant your firs
Definition of brand loyalty is termed as the commitment towards a particular brand. Brand loyalty is the perception of a brand in consumer’s mind which is used as leads him/her to
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