hi,
pls comment on my solution.
thanks.
Question
A binomial probability distribution has p= 0.20 and n = 100.
a)What is the mean and standard deviation?
b)Can you approximate these Binomial probabilities by the normal probabilities? Explain.
c)What is the probability of more than 24...
also Prof. HallsofIvy,
I have couple of sets of problems that i have solved which needs to be commented. Can I post those?
Iam in IT profession and doing my MBA in info systems.
thanks
Questions
1. National Oil Company conducts exploratory oil drilling operations in the south western United States. To fund the operation, investors form partnerships, which provide the financial support necessary to drill a fixed number of oil wells. Each well drilled is classified as a...
hi
I got a stats problem infornt of me. I figured out that it is abaut conditional probability. But I am stuck :confused: .
# hurricanes 0 1 2 3 4 5 6
probability .25 .33 .24 .11 .04 .02 .01
prob >6 is 0
questions are independent.
a.)...