What is revising probabilities?
Q: Why can’t all the probabilities for a Poisson random variable be displayed in a probability…
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Q: What are the example of experiments or activities wherein we can apply the computation of…
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Q: Make a comment on the probabilities as the number of die increases.
A: Number of die increases in the sense we are assuming in place of 1 die we need to use multiple dies…
Q: what is the probability that a person who could give up her cell phone could also give up
A: Answer is 0.31
Q: Use technology (calculator, Microsoft Excel, or Google Sheets) to find the following binomial…
A: Given : Let X : No. of US adult having chronic kidney disease Proportion (p) = 0.35 Sample size (n)…
Q: What are some tips and advice for approximating probabilities with the emperical method?
A: The empirical rule states that if a distribution is unimodal and symmetric i.e. more or less…
Q: When we find conditional probabilities, do we need to check to see if they are mutually exclusive or…
A: Yes we need to check to see if they are mutually exclusive or if they are independent. If A and B…
Q: If a gambling game is played with expected value $0.40, then there is a 40% chance of winning.…
A: Expected value: The expected value of a random variable is the sum of the possible values that the…
Q: What can be done to decrease the probabilities of committing Type I and Type 2 errors?
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Q: What is the difference between independent events and dependent events?
A: Dependent events influence the probability of other events – or their probability of occurring is…
Q: What is the sum of the probabilities for all simple events of an experiment
A: Simple or elementary events: An event having only one sample point is called simple or elementary…
Q: The sum of the probabilities of all outcomes in a sample space is
A: Here We will use the Basic law of probability
Q: In order to calculate the probabilities of daily sales as in the third column, which column should…
A: The probability of occurring of an event is calculated by the following formula: P(event)=no. of…
Q: What is the expected value if you use the theoretic probabilties for the Ace game.
A: From the information it is known that there are 52 card in one single pack. So, in these there are 4…
Q: What conditions should be satisfied in order to approximate binomial probabilities by Poisson…
A: Conditions for approximating binomial probabilities by Poisson probabilities are given below: The…
Q: . Explain the difference between independent events and disjoint events using probabilities and…
A: When the occurrences of two or more events does not depend on each other then they are said to be…
Q: Suppose a bridge player’s hand of 13 cards. Given that it contains one ace, what is the probability…
A: Given that one ace is present then the number of ways of choosing one ace from 4 ace is 41. Then,…
Q: • Enumerate and differentiate the approaches in calculating probabilities.
A: We have to define the different approaches of calculating probabilities:
Q: Define Coverage probabilities?
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Q: What are the objective and subjective interpretations of Probability?
A: Concept of probability: Probability deals with the likelihood of occurrence of a given event. The…
Q: Explain Linear Probability Model?
A: The linear probability model is a special case of regression model in which the outcome variable is…
Q: How does the Bayes Theorem differ from the conditional probability? Can you please explain it in…
A: Conditional Probability : If the occurrence of an event is based on the occurrence of previous…
Q: What is conditional probability, what kind of classifier uses them to make predictions.
A: Conditional Probability can be defined as the likelihood of an event or happening of an event based…
Q: Enumerate and differentiate the approaches in calculating probabilities.
A: Since the question number is not specified, we'll be answering the first question only. Please…
Q: What does it mean by “ probability never changes”? Does that mean that whatever the amount of…
A: Probability:The probability of event represents the number of possible outcomes to certain event,…
Q: If the probability of a chance event is 0.82, it is more likely to happen than which of the…
A: You can add as many 0's on the end of a decimal and it will still equal to the same number, as long…
Q: Suppose that the probability of rain tomorrow is 0.4 What are the odds in favor of rain tomorrow?
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Q: In the attatched image is a partially complete probability model. What is the probability for the…
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Q: What is the difference between indepedent events and dependent events probabilities? Give examples.
A: Introduction:Consider two events, A and B.Independent Events:The events A and B are said to be…
Q: What are Posterior Probabilities?
A: A posterior probability, in Bayesian statistics, is the revised or updated probability of an event…
Q: contestant plays the game 42 times and obtains the following frequencies: 15, 10 -5% level of…
A: *answer: A pinball machine has five holes of varying sizes in which the ball may land. The payoff…
Q: Explain the difference between independent events and disjoint events using probabilities and simple…
A: Two outcomes are said to be independent if the probability of outcomes of one event does not affect…
Q: Describe how a probability value is used to cast doubt on the null hypothesis?
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Q: How might the occurrence of one event in your life or career impact the probabilities of another…
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Q: Who wrote the book Moderate methods of Probability?
A: Probability is the chance of occurrence of an event.
Q: Suppose that you have an intelligent friend who has not studied probability. How would you explain…
A: In probability theory, two events are said to be mutually exclusive if they cannot occur at the same…
Q: Why should the sum of the probabilities in a probability distribution is always equal to 1? What is…
A: *Answer:
Q: Describe about the Alternative Approach to Conditional Probabilities?
A: Conditional probability is defined as the probability of occurrence of an event given that another…
Q: What is the probability researchers will reject their null hypothesis
A: From the available information, Population mean, μ= 0.7 Population Standard deviation,σ = 1.5…
Q: What is the relationship between the joint probability and marginal probabilities of two independent…
A: The relationship between the joint probability and marginal probabilities of two independent events…
Q: The accompanying table lists probabilities for the corresponding number of girls in 4 births. What…
A: Frequency distribution of girl births is given.
Q: How do we determine the probabilities of having multiple independent events resulting in two or more…
A: Independent Events:The events A and B are said to be independent, if the result of one of the events…
Q: a) Explain what is meant by conditional probability b) Differentiate between independent and…
A: Introduction: Consider two events X and Y.
Q: Can an event of probability 0 be an outcome of a chance experiment?
A: Solution-: Can an event of probability 0 be an outcome of a chance experiment?
Q: Is there such thing as negative probability? Or would this be considered a new variable?
A: Negative probability
Q: What is Conditional Probability?
A: Conditional probability is the probability of one event happening with some association to one or…
Q: Indicate whether the statement is true or false, and justify your answer.All perceived probabilities…
A: False.
Q: Name the method of estimating probabilities based on experience or institution.
A: The method of estimating probabilities based on experience or Institution is " Classical Method". In…
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