by Dan | Aug 1, 2022 | Main
1. Explain the central limit theorem. 2. Describe the advantages and disadvantages of stratified random sampling, cluster sampling, and systematic sampling. 3. Describe hypothesis testing and explain how to develop null and alternative hypotheses. 4. Compare...
by Dan | Feb 17, 2019 | Analysis
Assume that SAT scores are normally distributed with mean mu equals 1518 and standard deviation sigma equals 325. If 1 SAT score is randomly selected, find the probability that it is greater than 1600. If 81 SAT scores are randomly selected, find the probability that...
by Dan | Nov 28, 2018 | Main
Write 3 short separate peer responses to (one for each of the following 3 discussions related to subject) and support your response with 2 scholars. Your response should explain your understanding for the “Central Limit Theorem” DQ1 The Central Limit...
by Dan | Nov 2, 2018 | Main
This unit we are using simulation models to investigate the behaviour of critical performance variables, such as profit, in the presence of uncertainty. We use statistical analysis, primarily sample means and standard deviations, to investigate the properties of the...
