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Overview of Probability

and as long as the coin has not been tampered with, when the coin is thrown into the air there are two mutually exclusive potentia...

A Probability Overview

small plane will crash than a large jet. Traveling by jet is seen as inconsequential. One can in fact look at people and make a ...

Sample Populations and Designs of Probability and Nonprobability

investigators is asking the opinions of anyone on the street (Trochim,, 2005a). Convenience sampling is including persons in the s...

Questions on Probability

The writer looks at the way that probability is used, creating some questions on probability and explaining the answers. Further q...

Student Supplied Case Study on Probability

will give us a 1 in 12 million chance. However we need to look at this in order to consider how correct it is. Here we can look at...

Using Statistical Analysis and Explaining Probability

collected on the same date each month, the 12th. However, even during a day there are a number of different data points which coul...

Probability Distribution

the figure above the line is a one, and there are two possible outcomes, this means the number below the line is 2, giving us 1/2....

Two Issues in Research Methodology

these methods is relatively simple. If all members of a population were identical, there would be no need for probability sampling...

Identity Testing and DNA

known, and "probability of identity" applies only to the father. Genetic Profiles (1998), a laboratory specializing in DNA ...

Using Statistics to Assess Investments

Answering questions set by the student, the writer shows how may be useful in assessing investments. The first part of the paper l...

Calculating Probability when given a Mean and the Standard Deviation

The writer shows how the probability for a particular outcome for an investment may be calculated when the mean return and standa...

Survey Methodological Issues

be counted. Question 2 Probability v. non probability sampling Probability sampling is a random sampling style, the basis of thi...

Business Probability and Statistics

Table 1, the largest single group was women who have been with the company less than 2 years, followed by men who have been with t...

Gambling and its Ramifications

have subtly changed what we consider an acceptable trade-off between safety and privacy," mirroring what many skeptics are stating...

Statistical Analysis and Alpha Use

The statistical conclusion validity of a study measures the exact amount of validity shown by the test in a given situation. A te...

Third Cycle Investment Recommendation for Aquine

chance that the watch will pass the certification. This is a doubling of the chances of failure from 1 in 3 to 2 in 3, and as such...

The Echelon Surveillance System

United States, pursuant to various treaties" ("NSA Watch: Echelon FAQ," n.d.). It is easy to see that well-known global intelligen...

Questions on Inventory and Supply Chain Management

(CSR). Formerly little more than the means of getting goods from one place to another, logistics management has the ability to pl...

Decision Making Under Uncertainty; Case Study

large capacity option, as this has the potential, with a string demand of creating 50 million dollars of profit. This may be seen ...

Statistical Testing

The t-test gives as a score of 1.5691772 and the p-value (which is a probability value) is 0.074085. From this result there is a s...

Confirming Understanding of Probability

come up on 1 die for the sum of two dice to be 3. As the sides of the dice are numbered from 1 to 6, the die would have...

Arguing Against Capital Punishment

In six pages this paper argues that the high probability of error is sufficient to abolish capital punishment in the United States...

Excel Baseball Case Study

Min $300,000 Range $6,200,000 San Francisco San Fransico Max $15,000,000 Min $300,000 Range $14,700,000 NY Mets NY Mets M...

Three Engine Aircraft and Probability

awry! Although probability analysis attempts to take all factors into consideration the reality is that this is an impossib...

Probability of UFOs

for shortly thereafter she was transferred overseas, where rumor has it that she became a casualty of an airplane crash (Willwerth...

Real World Application of Inferential Tests

seventy-nine percent for those who did not work out. This would reduce the inferences to only two possible choices: Exercising in ...

History and Political Ramifications of Kosovo

In six pages this paper discusses the present political status of Kosovo in a consideration of the region's history, Albanian and ...

A Streetcar Named Desire Film by Elia Kazan

is still a little to doubt that the cover up of her impending death is just not another part of her overall facade. Yet, because ...

An Example of How a Decision under Uncertainty May Be Assessed in the Business Environment

has been built, and more potential customers are travelling away from the store (Kotler and Keller, 2008). One of the first appro...

Forecasting Stock Needs using Statistics

the same general trend will be seen, this is usually performed using the ordinary least squares (OLS) method (McCullagh and Nelder...