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Montgomery College Binomial Distribution & Histogram Questions
Experience 5 - The Binomial Distribution Questions: How do you know when to use the binomial distribution to ...
Montgomery College Binomial Distribution & Histogram Questions
Experience 5 - The Binomial Distribution Questions: How do you know when to use the binomial distribution to model a situation? What are the requirements for a binomial experiment? [4 bullets] When dealing with the binomial distribution, why are the possible values for the random variable always 0,1,2,3,…,n where n is the number of trials or sample size? Why can't we use negative values, or fractions, or numbers greater than n? [3 sentences] Under what conditions is a binomial distribution symmetric? Skewed left? Skewed right? Why? [3 sentences] How is the area in the bars of a binomial histogram related to the probability of choosing those X values? (Hint: figure it out for a single bar) [3 sentences] Experience 6 - Continuous Probability Distributions Critical Thinking Questions What does a z-score tell you about a number in a data set? [1 sentence] What two quantities do we need to fully describe a normal distribution? [1 sentence] How is probability determined from a continuous distribution? Why is this easy for the uniform distribution and not so easy for the normal distribution? [2 sentences] What does the symmetric bell shape of the normal curve imply about the distribution of individuals in a normal population? [2 sentences] How can the empirical rule be restated in terms of z-scores and percentiles? Restate it for four of the seven z-scores. Hint: Use the definitions of z-score and percentile and avoid use of the phrase "standard deviation" or the numbers 68, 95, and 99.7. [4 statements] Experience 7 - Normal Distributions Critical Thinking Questions Why is the probability that a continuous random variable is equal to a single number zero? (i.e. Why is P(X=a)=0 for any number a) [1 sentence] In what ways can a quick drawing of the normal curve (not a detailed empirical rule drawing but a simple one like that shown in the instructor's video) be used to estimate or verify your answer to a problem like practice exercises 2-4? [2 sentences] The empirical rule says that 95% of the population is within 2 standard deviations of the mean, but when I find the z-scores that mark off the middle 95% of the standard normal distribution I calculate -1.96 and 1.96. Is this a contradiction? Why or why not? In other words why are the normal distribution calculators not agreeing with the empirical rule? [2 sentences] Suppose you randomly select an individual from a population that is normally distributed and they are above average. When you find out the probability of randomly selecting that individual is very very small, what are some possible explanations? In other words what does this very very small probability suggest? [3 sentences]
Financial Homework
Directions:
Answer the following questions on a separate document. Explain how you
reached the answer or show your wor ...
Financial Homework
Directions:
Answer the following questions on a separate document. Explain how you
reached the answer or show your work if a mathematical calculation is
needed, or both. Submit your assignment using the assignment link above.
This homework assignment is worth 20 points. Responses should be at least 75 words for each question. 1) Would you characterize the U.S. dollar as a freely floating or dirty float system? What characteristics support your answer? 2) What is direct central bank intervention in the currency markets and provide an example of this from the last 50 years. 3)
Assume that Canada suddenly experiences high inflation. How might this
affect the value of the Canadian dollar according to the purchasing
power parity (PPP) theory? 4)
Australia's central bank decides to increase the value of the
Australian dollar against the Japanese yen. How might it use direct
intervention to do this? 5) Assume the following information: • Mexican one-year interest rate = 15% • U.S. one-year interest rate = 11% If
interest rate parity exists, what would be the forward premium or
discount on the Mexican peso’s forward rate? Would covered interest
arbitrage be more profitable to U.S. investors than investing at home?
Explain. 6) Create a balance sheet for a typical bank, showing its main liabilities (sources of funds) and assets (uses of funds). 7)
The Federal Reserve has increasingly favored the use of Repurchase
Agreements as part of its open market operations. Briefly describe
these and why the Fed or banks prefer to use them. 8)
Banks engage in proprietary trading as part of their operations.
Briefly speculate on why they now must adhere to much more stringent
trading activity as a result of the 2008-09 financial crises. 9) Briefly describe two off-balance sheet activities and why banks favor the use of these. 10)
If you were the CEO of a US bank, would you consider establishing a
foreign branch? What might be a concern related to doing so?
Discrete Math Consider the following definition.
Consider the following definition.
Definition. An integer n is sane if 3 | (n2 + 2n).
Give a counterexample to t ...
Discrete Math Consider the following definition.
Consider the following definition.
Definition. An integer n is sane if 3 | (n2 + 2n).
Give a counterexample to the following: All odd integers are sane.n =
MTH410 CSU Global Module 6 Critical Thinking Quality at A1 Hotels Essay
A1 Hotels operates luxury hotels throughout the world. Recently, motivated by some incidents that appeared in the news, th ...
MTH410 CSU Global Module 6 Critical Thinking Quality at A1 Hotels Essay
A1 Hotels operates luxury hotels throughout the world. Recently, motivated by some incidents that appeared in the news, they have been concerned about the quality of service. The company has been giving the following survey to its clients after their stay:How would you rate the quality of your room? Select one.Good(G), Poor(P)How would you rate the quality of your food? Select one.Good(G), Poor(P)How would you rate the quality of your service? Select one.Good (G), Poor(P)Any customer who answered “Poor” to at least one of the three questions above is considered to be “dissatisfied.” Traditionally, 40% of customers have been dissatisfied.A1 Hotels would like to see if the recent level of customer satisfaction has changed. Therefore, 200 survey responses were recently chosen at random for analysis. The complete data set is in the file named Hotels.Managerial ReportPrepare a report (see below) for A1 Hotels that summarizes your assessment of customer satisfaction. Be sure to include the following seven items in your report.To summarize the data, compute the proportion of all clients thatAnswered “Poor” to room quality.Answered “Poor” to food quality.Answered “Poor” to service quality.What do these three proportions tell you about customer satisfaction at A1 hotels? What graphical displays of data would you use to understand or explain the results of the survey?What is the point estimate of the proportion of all recent clients who were “dissatisfied?” Develop the 92% confidence interval for the proportion of all recent clients who were “dissatisfied.” Interpret what the confidence interval tells you about the proportion of all recent clients who were “dissatisfied.” What is the corresponding margin of error? How can the margin of error be decreased?Develop the 92% confidence interval for the proportion of all recent clients who answered “Poor” to room quality. Interpret what the confidence interval tells you about the proportion of all recent clients who answered “Poor” to room quality. What is the corresponding margin of error? How can the margin of error be decreased?Develop the 92% confidence interval for the proportion of all recent clients who answered “Poor” to food quality. Interpret what the confidence interval tells you about the proportion of all recent clients who answered “Poor” to food quality. What is the corresponding margin of error? How can the margin of error be decreased?Develop the 92% confidence interval for the proportion of all recent clients who answered “Poor” to service quality. Interpret what the confidence interval tells you about the proportion of all recent clients who answered “Poor” to service quality. What is the corresponding margin of error? How can the margin of error be decreased?Conduct a hypothesis test, using both the p-Value Approach and the Critical Value Approach, to determine if the proportion of all recent clients is more dissatisfied than the traditional level of dissatisfaction. Use α = 0.08 level of significance. Do not forget to include the correctly worded hypothesis and show all of the steps required to conduct the hypothesis test.What would be possible effects of a lower and then of a higher level of significance?What other hypothesis tests would you use to better understand hotel customer satisfaction?What advice would you give A1 Hotels based upon your analysis of the data?What is the magnitude of the improvement (if any)?How can this study be improved?Write a report that adheres to the formatting and APA expectations outlined on the Citing & APA Resources page (Links to an external site.) in the CSU-Global Writing Center. As with all written assignments at CSU-Global, you should have in-text citations and a reference page.Submit your Excel file in addition to your report.Requirements:Paper must be written in third person.Your paper should be four to five pages in length (counting the title page and references page) and cite and integrate at least one credible outside source.
Northwestern Technical College McDonalds Count vs Nobel Prize Count Questions
Make a scatterplot of the McDonald's Nobel Prize data using McDonald's Count vs. Nobel Prize Count.Display the equation of ...
Northwestern Technical College McDonalds Count vs Nobel Prize Count Questions
Make a scatterplot of the McDonald's Nobel Prize data using McDonald's Count vs. Nobel Prize Count.Display the equation of the trend line of the data along with the R-squared value.Looking at the R-Squared Value, Does this seem to be a good fit according to your R-squared value?Is there an outlier in the data, what happens if you remove the outlier?Do you really think the number of McDonald's in a country has anything to do with the number of Nobel Prizes that country earns? Is there another factor that is probably causing this instead of Mcdonald's?
Gather and Analyze Data
C17 College Mathematics Assignment 7Assignment InstructionsGather and Analyze DataYou have been charged with creating a su ...
Gather and Analyze Data
C17 College Mathematics Assignment 7Assignment InstructionsGather and Analyze DataYou have been charged with creating a survey for your community! The
community is interested in having you create a survey and present the
results at the next town hall meeting. In this project, students will: Learn about quantitative variables.Learn to analyze data for measures of central tendency (mean, median and mode)Learn to create an effective presentation with real-world conclusions. To complete this project you will: Think of a problem within your community or workplace. The problem
needs to be something others will have an interest in solving or will
want to share reactions to.Create a 10 question survey with quantitative variables (number) on a
topic you are interested in. Think of questions where 0 is dislike
there is a scale to 4- like. Another way to do this is using 0-never, 1
sometimes, 2 frequently, and 3 always.Administer the survey to a minimum of 10 people.Analyze your data for the mean, median, and mode of each questions.Create a visual from this chapter: bar graph, box and whisker plot, histogram, stem and leaf plot. etc.Compile the information into a slide presentation, of at least 5
slides, to present at the next town hall. The presentation should
present: the mean, median, and mode of each question, the visual of the
data, and conclusions based on the statistics you found in the survey.Length/Formatting Instructions
Length
2-2.5 pages
Font
12 point , Calibri Font, no more than 1" margins
Program/File Type
Submit in Word
Attachments
Should be pasted into the Word document if possible.
Referencing system
APA referencing system is necessary in assignments, especially material copied from the Internet.
For examples of correct citations, visit the following links:http://owl.english.purdue.edu/owl/resource/560/01/
File Name
Gather and Analyze Data Grading RubricYour work will be evaluated on the following criteria:
CATEGORY
Exemplary
Satisfactory
Unsatisfactory
Unacceptable
Presentation Style - Organization, Transitions, Tone
15 pointsThe assignment is presented with excellent organization, thoughtful transitions, and the appropriate tone.
12 pointsThis presentation
is adequately organized, but has some errors in the transitions or the
tone. Presentation lacks adequate visuals.
6 pointsThis presentation
assignment is poorly organized, or it contains ineffective transitions
and/or inappropriate tone. Presentation lacks adequate visuals.
0 pointsThis presentation
assignment displays little to no organization or transitions, and/or
does not use the appropriate tone. Presentation lacks visuals.
Application to the Real World
40 pointsThe response
indicates a high level application of statistics in the real world. The
presentation demonstrates a complete understanding and analysis of
survey responses.
32 pointsThe response
indicates a basic application of statistics to the real world. The
response demonstrates a clear understanding and analysis of survey
responses.
16 pointsThe response
indicates an incomplete application of statistics in the real world. The
response demonstrates a conceptual understanding and analysis of survey
responses.
0 pointsThe response indicates little or no application and analysis of survey responses.
Accuracy
45 pointsThe entire
assignment was completed with dedicated attention to the directions.
Outstanding effort and work exceeds expectations. All work is shown and
calculations are accurate.
30 pointsMost of the
assignment was completed with attention to the directions but some parts
are missing. Good effort and work meets expectations. Most calculations
are accurate.
15 pointsAssignment was completed but attention
to the directions was spotty or parts of the assignment are missing.
Some effort was made and work meets minimal expectations. Only some
calculations are accurate.
0 pointsAssignment is
incomplete and/or directions were not followed. Lacks many elements.
Appears that little or no effort was made. Calculations are not
accurate.
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Most Popular Content
Montgomery College Binomial Distribution & Histogram Questions
Experience 5 - The Binomial Distribution Questions: How do you know when to use the binomial distribution to ...
Montgomery College Binomial Distribution & Histogram Questions
Experience 5 - The Binomial Distribution Questions: How do you know when to use the binomial distribution to model a situation? What are the requirements for a binomial experiment? [4 bullets] When dealing with the binomial distribution, why are the possible values for the random variable always 0,1,2,3,…,n where n is the number of trials or sample size? Why can't we use negative values, or fractions, or numbers greater than n? [3 sentences] Under what conditions is a binomial distribution symmetric? Skewed left? Skewed right? Why? [3 sentences] How is the area in the bars of a binomial histogram related to the probability of choosing those X values? (Hint: figure it out for a single bar) [3 sentences] Experience 6 - Continuous Probability Distributions Critical Thinking Questions What does a z-score tell you about a number in a data set? [1 sentence] What two quantities do we need to fully describe a normal distribution? [1 sentence] How is probability determined from a continuous distribution? Why is this easy for the uniform distribution and not so easy for the normal distribution? [2 sentences] What does the symmetric bell shape of the normal curve imply about the distribution of individuals in a normal population? [2 sentences] How can the empirical rule be restated in terms of z-scores and percentiles? Restate it for four of the seven z-scores. Hint: Use the definitions of z-score and percentile and avoid use of the phrase "standard deviation" or the numbers 68, 95, and 99.7. [4 statements] Experience 7 - Normal Distributions Critical Thinking Questions Why is the probability that a continuous random variable is equal to a single number zero? (i.e. Why is P(X=a)=0 for any number a) [1 sentence] In what ways can a quick drawing of the normal curve (not a detailed empirical rule drawing but a simple one like that shown in the instructor's video) be used to estimate or verify your answer to a problem like practice exercises 2-4? [2 sentences] The empirical rule says that 95% of the population is within 2 standard deviations of the mean, but when I find the z-scores that mark off the middle 95% of the standard normal distribution I calculate -1.96 and 1.96. Is this a contradiction? Why or why not? In other words why are the normal distribution calculators not agreeing with the empirical rule? [2 sentences] Suppose you randomly select an individual from a population that is normally distributed and they are above average. When you find out the probability of randomly selecting that individual is very very small, what are some possible explanations? In other words what does this very very small probability suggest? [3 sentences]
Financial Homework
Directions:
Answer the following questions on a separate document. Explain how you
reached the answer or show your wor ...
Financial Homework
Directions:
Answer the following questions on a separate document. Explain how you
reached the answer or show your work if a mathematical calculation is
needed, or both. Submit your assignment using the assignment link above.
This homework assignment is worth 20 points. Responses should be at least 75 words for each question. 1) Would you characterize the U.S. dollar as a freely floating or dirty float system? What characteristics support your answer? 2) What is direct central bank intervention in the currency markets and provide an example of this from the last 50 years. 3)
Assume that Canada suddenly experiences high inflation. How might this
affect the value of the Canadian dollar according to the purchasing
power parity (PPP) theory? 4)
Australia's central bank decides to increase the value of the
Australian dollar against the Japanese yen. How might it use direct
intervention to do this? 5) Assume the following information: • Mexican one-year interest rate = 15% • U.S. one-year interest rate = 11% If
interest rate parity exists, what would be the forward premium or
discount on the Mexican peso’s forward rate? Would covered interest
arbitrage be more profitable to U.S. investors than investing at home?
Explain. 6) Create a balance sheet for a typical bank, showing its main liabilities (sources of funds) and assets (uses of funds). 7)
The Federal Reserve has increasingly favored the use of Repurchase
Agreements as part of its open market operations. Briefly describe
these and why the Fed or banks prefer to use them. 8)
Banks engage in proprietary trading as part of their operations.
Briefly speculate on why they now must adhere to much more stringent
trading activity as a result of the 2008-09 financial crises. 9) Briefly describe two off-balance sheet activities and why banks favor the use of these. 10)
If you were the CEO of a US bank, would you consider establishing a
foreign branch? What might be a concern related to doing so?
Discrete Math Consider the following definition.
Consider the following definition.
Definition. An integer n is sane if 3 | (n2 + 2n).
Give a counterexample to t ...
Discrete Math Consider the following definition.
Consider the following definition.
Definition. An integer n is sane if 3 | (n2 + 2n).
Give a counterexample to the following: All odd integers are sane.n =
MTH410 CSU Global Module 6 Critical Thinking Quality at A1 Hotels Essay
A1 Hotels operates luxury hotels throughout the world. Recently, motivated by some incidents that appeared in the news, th ...
MTH410 CSU Global Module 6 Critical Thinking Quality at A1 Hotels Essay
A1 Hotels operates luxury hotels throughout the world. Recently, motivated by some incidents that appeared in the news, they have been concerned about the quality of service. The company has been giving the following survey to its clients after their stay:How would you rate the quality of your room? Select one.Good(G), Poor(P)How would you rate the quality of your food? Select one.Good(G), Poor(P)How would you rate the quality of your service? Select one.Good (G), Poor(P)Any customer who answered “Poor” to at least one of the three questions above is considered to be “dissatisfied.” Traditionally, 40% of customers have been dissatisfied.A1 Hotels would like to see if the recent level of customer satisfaction has changed. Therefore, 200 survey responses were recently chosen at random for analysis. The complete data set is in the file named Hotels.Managerial ReportPrepare a report (see below) for A1 Hotels that summarizes your assessment of customer satisfaction. Be sure to include the following seven items in your report.To summarize the data, compute the proportion of all clients thatAnswered “Poor” to room quality.Answered “Poor” to food quality.Answered “Poor” to service quality.What do these three proportions tell you about customer satisfaction at A1 hotels? What graphical displays of data would you use to understand or explain the results of the survey?What is the point estimate of the proportion of all recent clients who were “dissatisfied?” Develop the 92% confidence interval for the proportion of all recent clients who were “dissatisfied.” Interpret what the confidence interval tells you about the proportion of all recent clients who were “dissatisfied.” What is the corresponding margin of error? How can the margin of error be decreased?Develop the 92% confidence interval for the proportion of all recent clients who answered “Poor” to room quality. Interpret what the confidence interval tells you about the proportion of all recent clients who answered “Poor” to room quality. What is the corresponding margin of error? How can the margin of error be decreased?Develop the 92% confidence interval for the proportion of all recent clients who answered “Poor” to food quality. Interpret what the confidence interval tells you about the proportion of all recent clients who answered “Poor” to food quality. What is the corresponding margin of error? How can the margin of error be decreased?Develop the 92% confidence interval for the proportion of all recent clients who answered “Poor” to service quality. Interpret what the confidence interval tells you about the proportion of all recent clients who answered “Poor” to service quality. What is the corresponding margin of error? How can the margin of error be decreased?Conduct a hypothesis test, using both the p-Value Approach and the Critical Value Approach, to determine if the proportion of all recent clients is more dissatisfied than the traditional level of dissatisfaction. Use α = 0.08 level of significance. Do not forget to include the correctly worded hypothesis and show all of the steps required to conduct the hypothesis test.What would be possible effects of a lower and then of a higher level of significance?What other hypothesis tests would you use to better understand hotel customer satisfaction?What advice would you give A1 Hotels based upon your analysis of the data?What is the magnitude of the improvement (if any)?How can this study be improved?Write a report that adheres to the formatting and APA expectations outlined on the Citing & APA Resources page (Links to an external site.) in the CSU-Global Writing Center. As with all written assignments at CSU-Global, you should have in-text citations and a reference page.Submit your Excel file in addition to your report.Requirements:Paper must be written in third person.Your paper should be four to five pages in length (counting the title page and references page) and cite and integrate at least one credible outside source.
Northwestern Technical College McDonalds Count vs Nobel Prize Count Questions
Make a scatterplot of the McDonald's Nobel Prize data using McDonald's Count vs. Nobel Prize Count.Display the equation of ...
Northwestern Technical College McDonalds Count vs Nobel Prize Count Questions
Make a scatterplot of the McDonald's Nobel Prize data using McDonald's Count vs. Nobel Prize Count.Display the equation of the trend line of the data along with the R-squared value.Looking at the R-Squared Value, Does this seem to be a good fit according to your R-squared value?Is there an outlier in the data, what happens if you remove the outlier?Do you really think the number of McDonald's in a country has anything to do with the number of Nobel Prizes that country earns? Is there another factor that is probably causing this instead of Mcdonald's?
Gather and Analyze Data
C17 College Mathematics Assignment 7Assignment InstructionsGather and Analyze DataYou have been charged with creating a su ...
Gather and Analyze Data
C17 College Mathematics Assignment 7Assignment InstructionsGather and Analyze DataYou have been charged with creating a survey for your community! The
community is interested in having you create a survey and present the
results at the next town hall meeting. In this project, students will: Learn about quantitative variables.Learn to analyze data for measures of central tendency (mean, median and mode)Learn to create an effective presentation with real-world conclusions. To complete this project you will: Think of a problem within your community or workplace. The problem
needs to be something others will have an interest in solving or will
want to share reactions to.Create a 10 question survey with quantitative variables (number) on a
topic you are interested in. Think of questions where 0 is dislike
there is a scale to 4- like. Another way to do this is using 0-never, 1
sometimes, 2 frequently, and 3 always.Administer the survey to a minimum of 10 people.Analyze your data for the mean, median, and mode of each questions.Create a visual from this chapter: bar graph, box and whisker plot, histogram, stem and leaf plot. etc.Compile the information into a slide presentation, of at least 5
slides, to present at the next town hall. The presentation should
present: the mean, median, and mode of each question, the visual of the
data, and conclusions based on the statistics you found in the survey.Length/Formatting Instructions
Length
2-2.5 pages
Font
12 point , Calibri Font, no more than 1" margins
Program/File Type
Submit in Word
Attachments
Should be pasted into the Word document if possible.
Referencing system
APA referencing system is necessary in assignments, especially material copied from the Internet.
For examples of correct citations, visit the following links:http://owl.english.purdue.edu/owl/resource/560/01/
File Name
Gather and Analyze Data Grading RubricYour work will be evaluated on the following criteria:
CATEGORY
Exemplary
Satisfactory
Unsatisfactory
Unacceptable
Presentation Style - Organization, Transitions, Tone
15 pointsThe assignment is presented with excellent organization, thoughtful transitions, and the appropriate tone.
12 pointsThis presentation
is adequately organized, but has some errors in the transitions or the
tone. Presentation lacks adequate visuals.
6 pointsThis presentation
assignment is poorly organized, or it contains ineffective transitions
and/or inappropriate tone. Presentation lacks adequate visuals.
0 pointsThis presentation
assignment displays little to no organization or transitions, and/or
does not use the appropriate tone. Presentation lacks visuals.
Application to the Real World
40 pointsThe response
indicates a high level application of statistics in the real world. The
presentation demonstrates a complete understanding and analysis of
survey responses.
32 pointsThe response
indicates a basic application of statistics to the real world. The
response demonstrates a clear understanding and analysis of survey
responses.
16 pointsThe response
indicates an incomplete application of statistics in the real world. The
response demonstrates a conceptual understanding and analysis of survey
responses.
0 pointsThe response indicates little or no application and analysis of survey responses.
Accuracy
45 pointsThe entire
assignment was completed with dedicated attention to the directions.
Outstanding effort and work exceeds expectations. All work is shown and
calculations are accurate.
30 pointsMost of the
assignment was completed with attention to the directions but some parts
are missing. Good effort and work meets expectations. Most calculations
are accurate.
15 pointsAssignment was completed but attention
to the directions was spotty or parts of the assignment are missing.
Some effort was made and work meets minimal expectations. Only some
calculations are accurate.
0 pointsAssignment is
incomplete and/or directions were not followed. Lacks many elements.
Appears that little or no effort was made. Calculations are not
accurate.
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