Discrete and continuous data
Distinguish between discrete and continuous data in brief.
Expert
Discrete data are whole numbers. They take on particular values and no values in between. Data like the number of homes one has could be one or two as an example of discrete data as one could not own one and a half homes.Continuous data is a random variable and can take on any value on a range. An example of temperature could be 30.23 degrees.
what are the advantages and disadvantages of seasonal variation
Random variables with zero correlation are not necessarily independent. Give a simple example.
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
A manufacturing facility consists of five departments, 1, 2, 3, 4, and 5. It produces four components having manufacturing product routings and production volumes indicated below. 1. Generate the from-to matrix and the interaction matrix. Use a
Consider a consumer with probability p of becoming sick. Let Is be the consumer’s income if he becomes sick, and let Ins be his income if he does not become sick, with Is < Ins. Suppo
The design of instrument controls affects how easily people can use them. An investigator used 25 students who were right-handed to determine whether right-handed subjects preferred right-handed threaded knobs. He had two machines that differed only in that one had a
Monte Carlo Simulation for Determining Probabilities 1. Determining the probability of winning at the game of craps is difficult to solve analytically. We will assume you are playing the `Pass Line.' So here is how the game is played: The shooter rolls a pair of
Quality control: when the output of a production process is stable at an acceptable standard, it is said to be "in control?. Suppose that a production process has been in control for some time and that the proportion of defectives has been 0.5. as a means of monitorin
1) Construct a 99% confidence interval for the population mean µ. 2) At what significance level do the data provide good evidence that the average body temperature is
1. In the waning seconds of Superbowl XLVII, the Baltimore Ravens elected to take a safety rather than punt the ball. A sports statistician wishes to analyze the effect this decision had on the probability of winning the game. (a) Which two of the following probabilities would most help t
18,76,764
1941522 Asked
3,689
Active Tutors
1422949
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!