10/23/22
Distribution of sample means
For a normal population with a mean of 100 and a standard deviation of 20, for a sample of n=25, what is the probability that the sample mean will be within 5 points of the population mean?
10/22/22
Econometrics Question
Determine the sign of the expected bias introduced by omitting a relevant variable. State your assumptions and provide a very brief rationale for your assumptions.We plan to estimate the following...
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10/16/22
Prob and Stat Homework Help
Suppose certain coins have weights that are normally distributed with a mean of 5.493 g and a standard deviation of 0.051 g. A vending machine is configured to accept those coins with weights...
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09/26/22
Microeconomic - price elasticity of demand
Using a diagram, describe how a decrease in price affects volume expenditure when the price elasticity of demand isi. elasticii. not elastic
09/09/22
Discrete probability
7% of all Americans live in poverty. If 39 Americans are randomly selected, find the probability thata. Exactly 4 of them live in poverty. b. At most 1 of them live in poverty. c. At least 4 of...
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09/07/22
The following table presents the values of X and Y sets of observations:
X 12 15 16 17 14Y 110 124 134 139 124Use the information provided to compute Karl Pearson Correlation Coefficient and interpret the result.Compute the value of coefficient of determination and...
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09/07/22
A survey of 500 randomly selected customers based on their expenditure patterns was carried out and the data were found to be normally distributed
with a mean of N50 and a standard deviation of N15. Use the information to answer the following questions The probability that any customers are selected at random:a) spends more than N80...
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09/06/22
how do I solve this?
Suppose we roll two dice, a red and a green one, and let X be the value on the red die and Y the value on the green die. Let Z=X/Y. Find E[(X+2Y)^2 |X,Z].
01/24/21
The graph of y=h(x) is shown. Draw the graph of y= 2h(x)-3
The original coordinates are (0,0) (2,4) (4,0)
01/22/21
STATISTIC AND PROBABILITY
A random sample of 60 students in the business statistics course answered a survey on the average number of hours they spent on statistics each week. Unfortunately, the original data were lost,...
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01/20/21
calculus question
The table below gives selected values for the function f(x). With 5 rectangles, using the right side of each rectangle to evaluate the height of each rectangle, estimate the value of . (5...
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01/20/21
Finding the Mean
For the following three questions, a team of psychologists studying narcolepsy (a sleep disorder characterized by sudden nodding off during the day) decided to follow 20 narcoleptic volunteers...
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01/15/21
Draw the following region in the plane: {(x, y) : √y ≤ x ≤ 2, 0 ≤ y ≤ 4}
this is a multivariable calculus question
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