Binomial parameters - Study guides, Class notes & Summaries

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SOA Exam P | 66 Questions and Answers 2023 Solved Correctly
  • SOA Exam P | 66 Questions and Answers 2023 Solved Correctly

  • Exam (elaborations) • 6 pages • 2023
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  • Bernoulli Trial - An experiment in which there are exactly two possible outcomes Binomial distribution - A random variable X represents the number of successes observed from the n Bernoulli trials Binomial Parameters - n = number of trials p = probability of success q = 1-p Binomial probability function (f(x)) - E[X] binomial function - E[x] = np var(x) binomial function - var(x) = npq MGF binomial function - Additive property of binomial function - Sum of independent binomially dist...
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AP Statistics Flashcards question n answers graded A+ 2023 passed
  • AP Statistics Flashcards question n answers graded A+ 2023 passed

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  • AP Statistics FlashcardsStatistic - correct answer is a single measure of some attribute of a sample parameter - correct answer a quantity (such as the mean or variance) that characterizes a statistical population and that can be estimated by calculations from sample data parameter - correct answer any factor that defines a system and determines its performance Parameters of equations - correct answer Uniform: min and max [also need to know whether distrib. is discrete or continuous] ...
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ISYE 6414 – Final Exam with Correct Answers 2023
  • ISYE 6414 – Final Exam with Correct Answers 2023

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  • Logistic Regression - Commonly used for modeling binary response data. The response variable is a binary variable, and thus, not normally distributed. In logistic regression, we model the probability of a success, not the response variable. In this model, we do not have an error term g-function - We link the probability of success to the predicting variables using the g link function. The g function is the s-shape function that models the probability of success with respect to the predict...
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BQA 2113 Exam 3 Final Prep Test.
  • BQA 2113 Exam 3 Final Prep Test.

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  • BQA 2113 Exam 3 Final Prep Test.True or False: Since the binomial curve is discrete, its frequency distribution will never look like a normal curve. - correct answer false In order to use the normal to approximate the binomial, μ +/- 3 std. dev. must - correct answer must be between 0 and n The Normal Approximation to the Binomial can be used - correct answer for any probability binomial as long as n is large The correction for continuity is used for - correct answer correcting a discr...
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AP Statistics  Questions Correctly Answered 2024.
  • AP Statistics Questions Correctly Answered 2024.

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  • AP Statistics Questions Correctly Answered 2024. Statistic - correct answer is a single measure of some attribute of a sample parameter - correct answer a quantity (such as the mean or variance) that characterizes a statistical population and that can be estimated by calculations from sample data parameter - correct answer any factor that defines a system and determines its performance Parameters of equations - correct answer Uniform: min and max [also need to know whether distrib. is...
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AQA A-level FURTHER MATHEMATICS 7367/1 Paper 1 June 2023
  • AQA A-level FURTHER MATHEMATICS 7367/1 Paper 1 June 2023

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  • AQA A-level FURTHER MATHEMATICS 7367/1 Paper 1 June 2023 Type I errorANSWERRejecting null when null is true. Type II error.ANSWERNot rejecting null when null is false. PowerANSWERP(not rejecting null) 1 - P(type II error) |test statistic| < critical valueANSWERInsufficient evidence to reject null hypothesis. |test statistic| > critical valueANSWERSufficient evidence to reject null hypothesis. Critical valueANSWERA cut off which determines whether the test statistic is suff...
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STATISTICS MISC - SOPHIA STATISTICS UNIT 5 – MILESTONE 5 LATEST  2023 STATISTICS MISC UNIT 5– MILESTONE 5
  • STATISTICS MISC - SOPHIA STATISTICS UNIT 5 – MILESTONE 5 LATEST 2023 STATISTICS MISC UNIT 5– MILESTONE 5

  • Exam (elaborations) • 22 pages • 2023
  • STATISTICS MISC - SOPHIA STATISTICS UNIT 5 – MILESTONE 5 LATEST 2023 STATISTICS MISC UNIT 5– MILESTONE 5 You passed this Milestone Joe is measuring the widths of doors he bought to install in an apartment complex. He measured 72 doors and found a mean width of 36.1 inches with a standard deviation of 0.3 inches. To test if the doors differ significantly from the standard industry width of 36 inches, he computes a z-statistic. What is the value of Joe's z-test statistic? 2.83 -1.81...
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BQA 2113 Exam 3 review questions & Answers, graded A+/ verified.[LATEST EXAM UPDATES]
  • BQA 2113 Exam 3 review questions & Answers, graded A+/ verified.[LATEST EXAM UPDATES]

  • Exam (elaborations) • 5 pages • 2024
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  • BQA 2113 Exam 3 review questions & Answers, graded A+/ verified. True or False: Since the binomial curve is discrete, its frequency distribution will never look like a normal curve. - -false In order to use the normal to approximate the binomial, μ +/- 3 std. dev. must - -must be between 0 and n The Normal Approximation to the Binomial can be used - -for any probability binomial as long as n is large The correction for continuity is used for - -correcting a discrete distribution μ i...
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BQA 2113 Exam 3 2023/2024 with 100% correct answers
  • BQA 2113 Exam 3 2023/2024 with 100% correct answers

  • Exam (elaborations) • 5 pages • 2023
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  • True or False: Since the binomial curve is discrete, its frequency distribution will never look like a normal curve. correct answersfalse In order to use the normal to approximate the binomial, μ +/- 3 std. dev. must correct answersmust be between 0 and n The Normal Approximation to the Binomial can be used correct answersfor any probability binomial as long as n is large The correction for continuity is used for correct answerscorrecting a discrete distribution μ is a correct answ...
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STATISTICS MISC - SOPHIA STATISTICS UNIT 5 – MILESTONE 5 LATEST  2023 STATISTICS MISC UNIT 5– MILESTONE 5
  • STATISTICS MISC - SOPHIA STATISTICS UNIT 5 – MILESTONE 5 LATEST 2023 STATISTICS MISC UNIT 5– MILESTONE 5

  • Exam (elaborations) • 22 pages • 2023
  • STATISTICS MISC - SOPHIA STATISTICS UNIT 5 – MILESTONE 5 LATEST 2023 STATISTICS MISC UNIT 5– MILESTONE 5 You passed this Milestone Joe is measuring the widths of doors he bought to install in an apartment complex. He measured 72 doors and found a mean width of 36.1 inches with a standard deviation of 0.3 inches. To test if the doors differ significantly from the standard industry width of 36 inches, he computes a z-statistic. What is the value of Joe's z-test statistic? 2.83 -1.81...
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