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Probability and Statistics Questions VII

2-20. Age, Gender and Personnel What is the probability that the manager chosen will be either a woman over 50 or both...

Questions on Probability

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

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...

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...

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...

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...

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...

Nursing Research Statistics' Questions

The non-technical interpretation of the results of a study is presented and assessed in the Discussion section. The Introduction ...

Problems in Probability and Statistics

middle value out of the set, which in this case is 2. Median = 2 Other useful statistical calculations that can be performed upo...

The Use of Statistics

The writer provides answers to a number of questions provided by the student. The first question looks at whether a sample from a...

Answers to questions on Business Statistics 1

of an entire population can be difficult. If a sample is structured in the right way, a cross-section of the population is easier ...

Identity Testing and DNA

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

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...

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....

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...

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...

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...

4 Questions on Social Research Statistics Answered

in Alaska with puppy growth in New York (Correlation does not equal Causation, n.d.). If tracking both over the course of several...

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...

Questions on Statistics Topics Answered

79, 78, 50, 80, 98, 88, 79, 71, 57, 81, 41, 65, 50, 71, 91, 75, 60, 79, 79, 71, 65, 85, 64 for the following questions. Mean 71.88...

Investment Risk

the potential of the company. In addition to the financial performance measured by ratios such as profit margins, the investors wi...

National Statistics And Local Decisions

say. More than a decade ago, Professor Taflinger (1996) recommended people ask specific questions before simply accepting the data...

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 ...

The Importance of Statistics to the Insurance Industry

or the beneficiary, will receive a payment. For some policies, such as life insurance policies, this is a fixed amount, for other ...

Decisions Influencing Home Ownership

demand the process for the homes on the market has also increased and constrained the buyers in terms of affordability (Nellis and...

Operations Management Calculations

too long to make an analysis of it viable when undertaking all the other tasks of everyday life and setting up a business. When ...

Risk Management Questions

the frequency of unexpected accidents or incidences, such as type blowouts and incidences of air range in passengers. Knowing the ...

Analyzing a Statistical Information Article

that it changed in relationship to the attractiveness of the presenter (Utton, 2002). In the study, as many as three quarters of t...

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...