Learning about Investing Statistics
Need statistics that show that people who learn more or read more about investing make more money.
Need statistics that show that people who learn more or read more about investing make more money.
Here is another probability question I am having difficulty with. I have included the data. I think I am on the right track with the first part but not sure with the rest. - What Percentage of all Alaska Airline flights were delayed? That is use the data to estimate the probability that an Alaska Airline flight will be dela
Assume the life of a rotating item follows a Weibull distribution with the shape parameter (or slope) = 2 and the scale parameter = 10,000 hours. a. Determine the probability that the rotating item lasts at least 8000 hours. b. Determine the mean time until failure of the item. c. If 10 rotating items are used in a larger com
I am having difficulty with this question for my stats class. I have included the table for the data set. Using the table, I am to estimate the probability that a randomly selected 21-49 year old consumer would: - Give the phrase a rating 4 or 5 given that the consumer is male and a situation in which the consumer is femal
It was found that jet pilots blackout threshold are X~N(4.5g, .7g) If only the top 25% allowed to apply to be astronauts, what is the cut off point FindP(X>x)=.25
The mean time between reoccurring events is exponentially distributed with a mean time between events of 15 minutes. a. What is the probability that there are no events within a 30-minute period? Answer 0.00043 ? b. What is the probability that at least one call arrives within a 10-minute interval? Answer 0.4866 ? c. Wha
1. At a factory, the fill volume of Coke cans is normally distributed with a mean of 12.4 fluid ounces and a standard deviation of 0.1 fluid ounce. a. What is the probability a fill volume is less than 12 fluid ounces? b. If all Coke cans less than 12.1 or greater that 12.6 ounces must be destroyed, what proportion of Coke
1. For each part, decide whether the blank should be filled in with =, <, or >, and give a short but clear explanation. a. (probability that the total after rolling 2 fair dice is 9) ___ (probability that the total after rolling 2 fair dice is 10) b. (number of ways to split 10 basketball players into 2 teams of 5) ___ (10 5
1. Find the probability that a standard normal random variable will assume a value between: a. z = 1.5 and z = .75 b. Greater than 1.25 c. Find a z such that 70% of the area is above that value. 2. In recent years, the use of the telephone as a data collection instrument for opinion polls has been steadily incr
If you are told that a randomly selected mystery person was born in the 1990's, what is the probability of guessing his/her exact birth date (including year)?
If P(A|B) < P(A), then it is true that: a. P(A) < P(B) b. P(B) < P(A) c. P(A) < P(The intersection of A and B) d. P(A|B) < P(The intersection of A and B) e. P(B|A) < P(B)
Use the Poisson Distribution to find the indicated probability. 49) For a certain type of fabric, the average number of defects in each square foot of fabric is 0.3. Find the probability that a randomly selected square foot of the fabric will contain more than one defect. 49) ______ A) 0.0369 B)
Express the indicated degree of likelihood as a probability value. 1) "You have a 50-50 chance of choosing the correct answer." 1) _______ A) 50 B) 0.50 C) 0.9 D) 0.25 2) "It will definitely turn dark tonight." 2) _______ A) 0.67 B)
The state's smallest animal is a red-tailed gerbil, with a mean weight of 2.5 grams and a standard deviation of 0.25 grams. Assuming that the weights are normally distributed, find the probability of randomly selecting a gerbil that weighs a. between 1.0 and 2.0 grams b. between 1.6 and 2.2 grams c. more than 2.2 grams
Set up a short problem related to your work environment to calculate the probability(ies) of an event happening. Then use Bayes' Theorem to revise the probability. Show all your work.
Printed circuit cards are placed in a functional test after being populated with semiconductor chips. A lot contains 140 cards, and 20 are selected without replacement for functional testing. a.) If 20 cards are defective, what is the probability that at least 1 defective card is in the sample? b.) If 5 cards are defective,
A company has a 99% chance of correctly identifying defective items and a 0.5% chance of incorrectly saying a good item is defective. The company has evidence that its production is 0.9% defective. a.) What is the probability that an item selected for inspection is classified as defective? b.) If an item randomly selected i
This electrical circuit operates if and only if there is a path of the functional devices from left to right. The probability that each device functions is as shown. Assume that the probability that a device is functional does not depend on whether or not other devices are functional. What is the probability that the circuit
Please use Excel for this and could you send me a few notes with step by step break-down on how to make it easy to figure out next time? 1. An American Society of Investors Survey found that 30% of individuals have used a discount broker. In a random sample of 9 individuals, what is the probability That: a. Exactly 2 of t
Super Cola sales break down as 80% regular soda and 20% diet soda. While 60% of the regular soda is purchased by men, only 30% of the diet soda is purchased by men. If a woman purchases Super Cola, what is the probability that it is a diet soda? .28902 .30435 .69565 .71098
A researcher wants to simulate sunny and rainy days in her town for a 3-week period. What is the minimum number of digits the student must obtain from a random number table for each observation if it rained on two-fifths of the days over the past several years at this time of the year? Assume that days can be classified historic
Please answer the following probabilities from the data set below using Excel. Also please add them to the chart, Thanks. https://mycampus.aiu-online.com/courses/QMB350/Assignment_Assets/DataSetandDataSetKey_0703A.xls ? What is the gender distribution (% females and % males)? ? What is the "tenure with company" distribut
(1) The average number of humming birds per hour on a particular feeder is 5. Find the probability that exactly 3 humming birds feed during a particular hour using the correct table or formula. (2) Weights for students applying to a Sumo wrestling school are normally distributed, with a mean of 250 pounds and a standard dev
(1) The probability that a house in an urban area will be burglarized is 5%. If 15 houses are randomly selected what is the probability that: (A) Exactly 2 of the houses will be burglarized. (B) Two or fewer houses will be burglarized. (2) The mean monthly gasoline purchase for a family with 2 cars is 62 gallons. This st
Please show all work and examples 1. Under certain conditions, it is possible that the sum of the probabilities of all the sample points in a sample space is less than one. ___ T/F 2. A compound event formed by use of the word and requires the use of the addition rule. ____ T/F 3. In any binomial probability
Please show ALL work! 1. Find the following probabilities: a.Events A and B are mutually exclusive events defined on a common sample space. If P (A) = 0.4 and P(A or B) = 0.9, find P(B). b.Events A and B are defined on a common sample space. If P(A) = 0.20, P(B) = 0.40, and P(A or B) = 0.56, find P(A and B) 2.Class
#1 An investment can lead to a profit of $10,000, $5,000, $4,000, and $1,000, with respective probabilities of .4, .3, .2, and .05. In addition, there is a 3 percent chance of breaking even and a small chance of losing $10,000. Find the expected profit. #2 A car dealership has combined all popular options available in four
Assume you have a real estate investor client who wants you to answer some specific questions about housing in the neighborhood encompassed by the 5 townships in your Real Estate Data Set. Further assume that you have collected this random sample in an effort to answer your client's questions using statistical tools.: 1. Des
An elevator has a design capacity of 2,560 pounds and a posted limit of 16 passengers. The weight of adults is approximately normal with a mean of 150 pounds and standard deviation of 20 pounds. Find the probability that the elevator will be overloaded if 16 people are in the elevator. How many passengers would you recommend