Institute of Actuaries of India May 2013 Examinations Indicative Solutions
... Xi is the random variable which takes the value of 1 if the trial is successful for the ith patient and 0 otherwise; Pi denotes the probability that the drug trial will be successful for the ith patient. Pi follows a Beta distribution with parameters α (> 0) and β (> 0). Thus: ...
... Xi is the random variable which takes the value of 1 if the trial is successful for the ith patient and 0 otherwise; Pi denotes the probability that the drug trial will be successful for the ith patient. Pi follows a Beta distribution with parameters α (> 0) and β (> 0). Thus: ...
Power 10
... • Autocorrelation: The Durbin-Watson statistic is a scalar index of autocorrelation, with values near 2 indicating no autocorrelation and values near zero indicating autocorrelation. Examine the plot of the residuals in the view menu of the regression window in EViews. ...
... • Autocorrelation: The Durbin-Watson statistic is a scalar index of autocorrelation, with values near 2 indicating no autocorrelation and values near zero indicating autocorrelation. Examine the plot of the residuals in the view menu of the regression window in EViews. ...
Inference about a Mean / y y y n = + + L
... P-value (significance level) = P(y as extreme as observed) So the P-value of 10 heads is P(y heads is P(y ≥ 9) = .01078, etc. ...
... P-value (significance level) = P(y as extreme as observed) So the P-value of 10 heads is P(y heads is P(y ≥ 9) = .01078, etc. ...
Confidence intervals: The basics BPS chapter 14 © 2006 W.H. Freeman and Company
... What sample size for a given margin of error? Density of bacteria in solution: Measurement equipment has standard deviation σ = 1*106 bacteria/ml fluid. How many measurements should you make to obtain a margin of error of at most 0.5*106 bacteria/ml with a confidence level of 90%? For a 90% confide ...
... What sample size for a given margin of error? Density of bacteria in solution: Measurement equipment has standard deviation σ = 1*106 bacteria/ml fluid. How many measurements should you make to obtain a margin of error of at most 0.5*106 bacteria/ml with a confidence level of 90%? For a 90% confide ...
Chapter 10
... • Sampling Distribution of Means • The distribution that would result if samples of a given size were taken again and again and the mean of each sample were plotted. ...
... • Sampling Distribution of Means • The distribution that would result if samples of a given size were taken again and again and the mean of each sample were plotted. ...
PDF
... By ordering the original observations, and taking away the first k smallest observations and the first k largest obserations, the trimmed mean takes the arithmetic average of the resulting data. The idea of a trimmed mean is to eliminate outliers, or extreme observations that do not seem to have any ...
... By ordering the original observations, and taking away the first k smallest observations and the first k largest obserations, the trimmed mean takes the arithmetic average of the resulting data. The idea of a trimmed mean is to eliminate outliers, or extreme observations that do not seem to have any ...
math-112 practice test 2 answers spring 2008
... A dice is loaded so that when it is tossed an even number is 4 times as likely to come up as an odd number, whereas even numbers are equally likely among themselves and odd numbers are equally likely among themselves. What is the expected number up when the dice is tossed? A wildlife biologist is st ...
... A dice is loaded so that when it is tossed an even number is 4 times as likely to come up as an odd number, whereas even numbers are equally likely among themselves and odd numbers are equally likely among themselves. What is the expected number up when the dice is tossed? A wildlife biologist is st ...
Module 8 - Royal Statistical Society
... A small survey was carried out in a Middle Eastern country to estimate the total number of bunches of bananas produced in a district during a given growing period. The district was divided into 289 primary units such that each unit had about 500– 1000 banana pits. Each pit may produce 0, 1 or more b ...
... A small survey was carried out in a Middle Eastern country to estimate the total number of bunches of bananas produced in a district during a given growing period. The district was divided into 289 primary units such that each unit had about 500– 1000 banana pits. Each pit may produce 0, 1 or more b ...
Exam 3 Study Guide
... binompdf on your calculator. ( p̂ takes fractional values 0, 1/n, 2/n, 3/n, …, (n-1)/n, 1.) ...
... binompdf on your calculator. ( p̂ takes fractional values 0, 1/n, 2/n, 3/n, …, (n-1)/n, 1.) ...