Procedure for using a real coin
Describe, and confirm, a procedure for using a real coin to create a virtual fair die.
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The average age for licensed drivers in county is µ= 42.6, = 12 and the distribution is approximately normal. A county police officer was interested in whether the average age of those receiving parking tickets in the county differed from th
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What is a Black Swan event? How is this related to a power law or pareto distribution? What is the 80-20 rule? How does the tail of a power law compare to the tail of a normal distribution?
The probability of the jet fighter surviving combat mission is 0.8 and three fighters are required for the success of the mission. How many fighters must be sent on the mission in order to achieve a 95% probability of success?
Which of the following is true regarding the standard error of estimate?
Determine the margin of error for a 99% confidence interval for this sample? Determine the lower endpoint for the 99% confidence interval?
Economic situations cause fluctuations in the prices of raw commodities and in finished products. Let X denote the price paid for a barrel of crude oil by initial carrier, and let Y denote the price paid by the refinery purchasing the product from
Compute the number of ways the committee of 3 women and 4 men can be selected from group of 6 women and 8 men if 1 specifc woman (call her W1) and 1 particular man (call him M1) must be on the committee.
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