## CHECK THESE SAMPLES OF Statistics/Probability

...TMA M343 02 QUESTION a) (i 2) (3) (ii) (iii) (iv 2) (3) (v) (b) K QUESTION 2 QUESTION 3 (a) A good example of a simple random walk with two reflecting barriers is the movement of an elevator in a 10 storey building. Once the elevator reaches the ground floor, it will have a 100% **probability** of going up, and when it reaches the 10th floor, it will have a 100% **probability** of going down. The elevator goes up and down at discrete intervals. Reflection at the barriers is represents the points when the elevator is at the ground and the 10th floors.
(b) (i) 1.
2.
(ii) 1.
2.
(c)
(d)
QUESTION 4
(a)
(i)
COMMUNICATING CLASSES
a. 1, 4, 5 - closed, recurrent, periodic (3)
b. 3, 6 - not closed, transient, aperiodic
c. 2 - closed...

3 Pages(750 words)Math Problem

So, with α = 0.05, the critical value of F in this analysis of variance test was F0.05 (1, 4) = 230. Since computed F (FC) is less than Tabulated F (FT), Ho is accepted. This is because the result of the “Analysis of Variance” (ANOVA) shows that the computed F (12.43) is less than the tabular values of F-statistics (230) at 0.05 degree of freedom (1, 4). This means that there is no significant difference between the variables of amounts claimed and amounts reimbursed in relation to “legitimate” expense claims.

The resultant R Square 0.7565 is very close to 1 and it is above 0.75 which means that the correlation is near normal curve distribution, so, it is interpreted as a very high positive corr...

5 Pages(1250 words)Assignment

...What are the Historical facts Behind the Development of **Probability** and Distribution? Introduction **Statistics** is the field that is concerned with investigation, summarizing and inferring from facts relating to complex systems. History shows that various **statistical** tools such as **probability** and distribution methods were developed around the sixteenth century. The time period when these marvelous mechanisms were established was the scientific revolution. Some efforts regarding **probability** were also made in the 15th century in the context of dice throwing but the finished and established version came to light only in the sixteenth century (Aldrich, 2010).
The word **probability** originated form the Latin word probare that means informal...

6 Pages(1500 words)Essay

...**PROBABILITY** Explain your strategy for solving the problem I will not call my opponents bet by tossing the rest of my money because in playing cards winning lies on **probability**. I would continue with my two down cards 6 of (diamonds) & 7 of (diamonds) bearing in mind that they will come up.
Explain why your strategy will work.
**Probability** does not always occur twice, so there is no need for quitting. My strategy therefore largely lies on **probability**. **Probability** is always related to gambling because if at all one of the down cards does not show up there is a high possibility that they will come up in the next play (Bassarear 2011).
Execute your strategy showing your mathematical work.
So am having the values diamonds=6, 7...

1 Pages(250 words)Speech or Presentation

...Task A A is looking for the best option in purchasing school supplies. Company A is offering a discount of 10% for every dollar amount spent;Company B is offering a higher
discount of 20%, but the discount is only applicable after a $20minimum is spent on supplies.
The student is looking for the company that will save her the most amount of money overall. Given that she is on a fixed income it will be important for her to receive the highest amount of savings when she purchases school supplies. It needs to be determined which company would save the student the most amount of money.
There are two options for the student to consider:
Firstoption is to purchase from company A, assuming it offers a discount of 10% on each dollar... A A is...

1 Pages(250 words)Essay

Statistics Report The aim of this paper is to present a report on the comparison of home and away scores of each country using regression/ANOVA. The report will also include tests that were carried out to test if the scores of different countries exhibit any form of correlation. Correlation between the score of the countries when playing home and away and the interaction between the sum of score of different countries will also be reported on. The eight countries that were included in this survey are Australia, New Zealand, Pakistan, Pakistan, India, South Africa, England, Sri Lanka, and West Indies. Six pairs of scores (home and away) were recorded for each country

The overall average score for both home and away matches was...

2 Pages(500 words)Essay

...Ranking of Jackson County judges Ranking of Jackson County judges Every year a number of cases are handled by judges in Jackson County. Some of these cases are appealed. However some of them are upheld. In connection to this the main aim of these study was to investigate how the judges perform based on the number of cases appealed and the number of cases reversed. This ranking was necessary to find out whether the judges are doing a great or not. Three courts were investigated: Municipal Court, Domestic Relations, and Common Pleas Courts.
To get the **probability** of appeal: P (Appeal), the following formula was used;
P (Appeal) =
To obtain P (reversed), the following formula was used.
P (Reversed) =
On the other hand P (R/A) was gotten...

8 Pages(2000 words)Essay

...
Abstract
In this work, the author explored the role of **probability** in inferential **statistics**. Man has discovered several **probability** distributions. Some of these **probability** distributions include the binomial, hypergeometric, normal, chi-square, and several other **probability** distributions. Populations or **statistics** are assumed to follow one of these several **probability** distributions and these are used to estimate population parameters as well as test hypotheses on the population. The standard normal distribution, for example, is used to draw inferences on population parameters such as the population mean. The t-**statistics** is used for inferential purposes involving small samples or where the population variance is unknown. Finally...

6 Pages(1500 words)Term Paper

In the language of statistics, the inference is the use of samples or the characteristics of a subset of a larger population to describe the characteristics of a population. Through the method of making inferences on the population based on the characteristics of a sample, man is able to make a diagnosis of a problem and formulate a possible solution to a problem based on the diagnosis. It is not always possible to conduct a characterization of a population through a one-by-one characterization of all members of a population to characterize a population. The reasons for this are several. Firstly, doing so is usually expensive. Secondly, for a large population, it is usually not possible to describe the characteristics of all the m...

6 Pages(1500 words)Term Paper

...Application of **Statistics** and **Probability** in Business Executive Summary: **Statistics** and **probability** provides many useful tools for extracting useful information from myriad set of data and thus helps in making informed business decisions. These tools have been applied for a wide variety of data set pertaining to Handy Hydraulic Industries pertaining to different aspects of business like number of orders, average order size, total sales, sales across different profit centers, operation of frequently faltering copiers, numbers of calls per hour and active customers’ account size to name a few. Relevant tools from **statistics** and **probability** were applied to extract useful information from a vast data set, to identify trends and to take...

11 Pages(2750 words)Dissertation