Chat with us, powered by LiveChat Intro to Statistics Question | Writedemy

Intro to Statistics Question

Intro to Statistics Question

Question:

A binomial random variable X is defined as the number of successes achieved in the n trials of a Bernoulli process. Describe an event in your life that fits the properties of a Bernoulli process, being sure to explain how each property is met by your event. Finally, state the number of trials and the number of successes for your event. Be specific.

Respond with thoughtful substantive responses to at least two classmates postings.

Example:

I mean the most relateable is taking the mastery exercises for class. My personal goal is to get at least an 80% on each quiz. If there are 15 questions per quiz then I would have to get 12 out of 15 problems correct. If each question has 5 choices to choose from, if I would guess the correct answer to each question the equation would be as such:

n= 15 questions total p= probability of success = 1/5 = .2 q= probability of failure = 1-.2 = .8  r= 12 successful results

15C12(.2)12(.8)15−12whichwouldsimplifyto15C12(.2)12(.8)3=<0.000001

So long story short, if you want to get at least an 80% on your quiz don’t even try to guess.

Example 2

According to Anderson, Sweeney & Williams (2016) the Bernoulli process consists of 4 properties (FICT):

1. Fixed amount of experiments

2. Independence of each experiment

3. Consistency of likelihoods

4. Two likely outcomes

The only instance I can easily relate this process to in my life is determining the probability of having a third child and that child being a girl. The fixed amount of experiments or trials is equal to 8 because there are only 8 (n) possible combinations of 3 sets of boys and girls. Each experiment or trial is independent because the probability of success will not change since the likelihood of boy or girl is constant, which goes for the final property as well.

Lastly, the number of trials for this instance would be 8 since there are only 8 gender pairings possible for a set of 3 children. Also, the probability of success would be 3/8 = .375 according to the following chart:

1st Child 2nd Child 3rd Child # of Girls
Boy Boy Boy 0
Boy Boy Girl 1
Boy Girl Boy 1
Boy Girl Girl 2
Girl Boy Boy 1
Girl Boy Girl 2
Girl Girl Boy 2
Girl Girl Girl 3
# of Girls(x) P(x)
0 0.125
1 0.375
2 0.375
3 0.125

If anyone would like to see the formulas for this let me know and I’ll be happy to attach the spreadsheet.

References:

Anderson, D., Sweeney, D., & Williams, T. (2016). Essentials of Modern Business Statistics with Microsoft® Excel®, 6th Edition. Boston, MA: Cengage Learning.

Edited by Rachelle Trauernicht on Jan 1 at 4:27pm

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

About Writedemy

We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.

How It Works

To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Are there Discounts?

All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.

Hire a tutor today CLICK HERE to make your first order