Assignment 1 - IIT Kharagpur
... 26. An almirah contains four black,six brown and two black socks. Two socks are chosen at random from the almirah. Find the probability that the socks chosen will be of same colour. 27. Suppose a person makes 100 cheque transaction during a certain period. In balancing the cheque book, suppose he ro ...
... 26. An almirah contains four black,six brown and two black socks. Two socks are chosen at random from the almirah. Find the probability that the socks chosen will be of same colour. 27. Suppose a person makes 100 cheque transaction during a certain period. In balancing the cheque book, suppose he ro ...
Probability, Part 2
... Example 2: Say that 0.1% of all people are carriers for a certain disease. As carriers, they have one normal gene, N, and one gene, D, which codes for the disease. If two parents are both carriers, what is the probability that their first child will have the disease? (The child would need to receive ...
... Example 2: Say that 0.1% of all people are carriers for a certain disease. As carriers, they have one normal gene, N, and one gene, D, which codes for the disease. If two parents are both carriers, what is the probability that their first child will have the disease? (The child would need to receive ...
PPT
... •When N is large (N)n / Nn ! 1. •When B is large (B)b / Bb ! 1 •When G is large (G)g / Gg ! 1 So for fixed b,g and n as B,G,N ! 1 the hypergeometric distribution can be approximated by a binomial(n,G/N). ...
... •When N is large (N)n / Nn ! 1. •When B is large (B)b / Bb ! 1 •When G is large (G)g / Gg ! 1 So for fixed b,g and n as B,G,N ! 1 the hypergeometric distribution can be approximated by a binomial(n,G/N). ...
April 6-10, 2015
... Standards: MA 10-Gr7-S.3-GLE.2 Unit Title: Is this Game Fair? Inquiry Question: is it possible to use probability to predict the future? Why or why not? Unit Strands: Statistics and Probability Concepts: Probabilities, likelihood, event, ratio, trials, frequency, outcomes, experimental probability, ...
... Standards: MA 10-Gr7-S.3-GLE.2 Unit Title: Is this Game Fair? Inquiry Question: is it possible to use probability to predict the future? Why or why not? Unit Strands: Statistics and Probability Concepts: Probabilities, likelihood, event, ratio, trials, frequency, outcomes, experimental probability, ...
S1.3 Probability
... businesses, insurance companies, betting companies and many others, to help them anticipate future events. ...
... businesses, insurance companies, betting companies and many others, to help them anticipate future events. ...
Consider a collection of n independent non-linear birth
... distribution, yet they often do not perform well in the tails, with the latter method often providing negative probability estimates. Saddlepoint approximations, however, are powerful in that they provide accurate estimates of tail probabilities. Though their derivation is involved, especially for b ...
... distribution, yet they often do not perform well in the tails, with the latter method often providing negative probability estimates. Saddlepoint approximations, however, are powerful in that they provide accurate estimates of tail probabilities. Though their derivation is involved, especially for b ...
Normal Approximation to the Binomial Distribution
... To understand and know how to calculate probabilities when asked to use a Normal approximation to the Binomial Distribution. To know the conditions under which this approximation can + should be used. ...
... To understand and know how to calculate probabilities when asked to use a Normal approximation to the Binomial Distribution. To know the conditions under which this approximation can + should be used. ...
CHAPTER 2: Probability Sample Space: 2.1 A random experiment is
... P (A ∩ B) = P (A|B)P (B) Example: A focus group of 10 consumers has been selected to view a new TV commercial. After the viewing, 2 members of the focus group will be randomly selected and asked to answer detailed questions about the commercial. The group contain 4 men and 6 women. What is the prob ...
... P (A ∩ B) = P (A|B)P (B) Example: A focus group of 10 consumers has been selected to view a new TV commercial. After the viewing, 2 members of the focus group will be randomly selected and asked to answer detailed questions about the commercial. The group contain 4 men and 6 women. What is the prob ...
Chapter 6
... found in the chapter review and/or chapter test. This review is meant to highlight basic concepts from the course. It does not cover all concepts presented by your instructor. Refer back to your notes, unit objectives, handouts, etc. to further prepare for your exam. The questions are displayed on o ...
... found in the chapter review and/or chapter test. This review is meant to highlight basic concepts from the course. It does not cover all concepts presented by your instructor. Refer back to your notes, unit objectives, handouts, etc. to further prepare for your exam. The questions are displayed on o ...
Counting Techniques Rule 1: Multiplication rule. • # of ways to do
... Factorial notation: n! = n factorial = product of first n natural numbers = 1 (2) (3) … (n-1) (n) ...
... Factorial notation: n! = n factorial = product of first n natural numbers = 1 (2) (3) … (n-1) (n) ...
Math 204 Mathematics for Business Analysis I
... and logarithmic functions. Apply the knowledge of functions to business applications such as simple, compound or continuous compound interest, ordinary annuities, finding the maximum or minimum for quantities which are quadratic functions, and finding break even points. • Perform basic operations wi ...
... and logarithmic functions. Apply the knowledge of functions to business applications such as simple, compound or continuous compound interest, ordinary annuities, finding the maximum or minimum for quantities which are quadratic functions, and finding break even points. • Perform basic operations wi ...
