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Essays 121 - 150

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 ...

Sampling and Probability

be to suppose an outcome or event (A) occurs f times in n observations, then the concept of probability of the event A would be an...

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...

Decision Making and Hazard Insurance

In seven pages this report discusses risk protection as a major underlying role factor of hazard insurance and discusses decision ...

Sex Survey Statistical Analysis

analysis show to be untrue. Using linear regression and correlation, one can see that some of the numbers given in Ms. Smiths ar...

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 ...

Personal Probability and the Influences of Psychology

18 and 50, who have demonstrated a willingness to participate. The surveys will be collected over a two week period in order to g...

The Impact of the Inflation Statement Of May, 2003

to hear its prognostication for the near future (Gosselin, 2003), indicating how "the Fed would be forced into deflation-fighting ...

Gambling and its Ramifications

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

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...

Using Probability to Help with Decisions under Uncertainty

to evaluate collective costs. The calculation will need input that is representative of the physical results of the current action...

The Use of Statistical Analysis to Cut Costs

these past sales statistics to give an indication on the potential for a sale to be lost because the delivery cannot take place on...

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...

Business Decisions and Statistical Analysis

it is often necessary for organizations to make decisions in the absence of certainty. Practically speaking, certainty is almost t...

Life and Theoretical Contributions of Pierre de Fermat

the work of Apollonius concerning plane loci (Ball Fermat.html). In his youth, Fermat was friends with the French scientis...

USING BAYESIAN THEORY TO DETERMINE A POTENTIAL OUTCOME

of a hurricane occurring to any degree of accuracy). The theorem helps us better understand what were up against and tries to elim...

Probability in Decision Making

To assess this will assume that there are the following probabilities given are 1/4 that there is a member of the population who i...

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...

International Politics and Issues of Importance

ensure that it survives and operates properly.4 A stable democracy has two sides: "the constitutional aspect, which provides the r...

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...

Case Study on Cemex

However, when we look at this project there are many more complications, Cemex is not an Indonesian company and as such the net pr...

Bayesian Logic and CoffeeTime's 'Borrow Information'

houses in closer proximity to the university or financial district turn a better profit than those in more outlying locations (whi...

Three Engine Aircraft and Probability

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

Simulation Model Statistical Case Study

are five main approaches to using probability. The first is the classical approach. Here there is the assumption that all outcomes...

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...

Budgeting Process and Uses

year. The sales department needs to be the most accurate in its forecasting for the future, for all other departments needs will ...

Leadership v. Management

facilitates long-term thinking and goals while inspiring others to follow that vision, whereas a more mundane manager is associate...

Should The Bible Be Used To Teach History

who do not believe in God often try to argue the point on the historicity the text. Since the texts have been shown to be reliable...

Integrated Technology and Smart Business

is used, technophobes may be scared of the impact it will have; such as disempowering employees and eliminating jobs. Others may s...