02 May QuestionProbability distributions are used in many aspects to answer q
Question
Probability distributions are used in many aspects to answer questions about given events. For example a clothing store owner opens a new boutique and is working on a 3-day forecast of sales during opening of the boutique. The owner determines that there is a 40% probability that customers will visit the store and make a purchase, which means 60% will visit and make a purchase on 0,1,2, or 3 of the solve problems such as this, a probability distribution can help you identify the possible outcome a conclusion. For this task you will explore the concepts to help construct discrete continuous probability distributions.
300- 400 words references, cities and APA format.
It is important to understand the difference between discrete and continuous random variables the statistical analysis of each type of variable is different. In your own words, discuss the differences between discrete and continuous random variables provide a real-world example of each type of random variable.
Perform the following experiment: 1.) Roll a die 20 TIMES, AND RECORD THE RESULTS OF EACH EVENT IN Excel. ( Note: If you do not die, you can find a virtual die-rolling program located at the following Web site: http://www.random.org/dice
Construct a bar graph and probability distribution of your experiment. This is to also be in Excel
Interpret the results of this expert, answering the following questions:
What are the random variables for your experiment? Explain the meaning of your random variables.
Do you believe that the results of your experiment are discrete or continuous? Explain
Is your experiment a probability distribution? In other words, are all conditions of a distribution satisfied? Explain.
Is your experiment a binomial probability distribution? Explain if all conditions are net or not.
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.
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.