describe how random sampling serves
Explain sampling bias and describe how random sampling serves to avoid bias in the process of data collection.
1) A Discrete random variable can be described as Binomial distribution if is satisfies four conditions, Briefly discuss each of these conditions2) A student does not study for a multiple choice examination and decides to guess the correct answers, If the
It doesn't rain often in Tucson. Yet, when it does, I want to be prepared. I have 2 umbrellas at home and 1 umbrella in my office. Before I leave my house, I check if it is raining. If it is, I take one of the umbrellas with me to work, where I would leave it. When I
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Discuss the following statements and explain why they are true or false: a) Increasing the number of predictor variables will never decrease the R2 b) Multicollinearity affects the int
Kramer spends all of his income $270 on two products, soup (S) and on golf balls (G). He always bought 2 golf balls for every 1 cup of soup he consumes. He acquires no additional utility from the other cup of soup unless he as well gets 2 more golf balls a
what are the advantages and disadvantages of seasonal variation
Cards are randomly drawn one at the time and with replacement from a standard deck of 52 playing cards. (a) Find the probability of getting the fourth spades on the 10th draw. (b) Determine the
Question 1 Do parents with more children travel more than parents of small families? To find out, a survey was done of a large number of adults. Respondents were asked how many children they had and how many times
A nurse practitioner working in a dermatology clinic is studying the efficacy of tretinoin in treating women's post partum abdominal stretch marks. From a sample of 15 women, the mean reduction of stretch mark score is -0.33 with a sample standard deviation of 2.46. Describe wha
Assigment Question Select any two manufacturing companies and formulate the cost and revenue functions of the companies. analyse the statistics of the data and then sketch the functions and determine their breakeven points. (Note: You are required to interview the production and sales manag
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