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Essays 31 - 60

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...

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...

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...

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...

Drawing and Using a Decision Tree

Decision trees can be useful tool when making decisions. The writer looks at what a decision tree can do, and then uses a scenari...

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...

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...

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...

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...

Carstab Chemical Manufacturer's Quantitative Approaches

it also has direct applicability to daily life and business. Indeed, the entire management school exemplified by Total Quality Ma...

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 ...

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 ...

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...

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...

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...

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...

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...

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...

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...

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 ...

Qualitative Research Methodology, Probability Sampling, and Schedule Construction

In five pages this paper examines qualitative research's 4 designs in an assessment of reliability and validity of probability sam...

Planetary Intelligent Forms of Life Probability

This paper consists of five pages and discusses the real planetary probability of other planets containing intelligent forms of li...

UK Value Determinants and Long Term Life Insurance and Short Term General Insurance

limited guarantees. The Financial Times (3/3/99) reported that when Norwich Union bought London & Edinburgh in October of 1...

Probability Interpretations

In eight pages the probability interpretations of propensity, subjective, and logical are evaluated with the inclusion of philosop...

Probability of UFOs

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

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...