Binomial‚ Bernoulli and Poisson Distributions The Binomial‚ Bernoulli and Poisson distributions are discrete probability distributions in which the values that might be observed are restricted to being within a pre-defined list of possible values. This list has either a finite number of members‚ or at most is countable. * Binomial distribution In many cases‚ it is appropriate to summarize a group of independent observations by the number of observations in the group that represent one of
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So‚ Tata Motors needs to set up an efficient distribution system so that the products reach its consumers. In case of some perishable food products‚ physical distribution is a very important part of the whole business. The transportation of "Amul Butter" to the stores that sell "Amul Butter" is a big challenge. While transportation‚ the butter has to be stored properly‚ so that it does not get contaminated. To completely understand physical distribution‚ consider the case of "Amul Butter". Amul is
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Comparisons and differences between ballet and hip hop Ballet and Hip hop are two types of dance that are studied by dancers all over the world along with many other types of dance. Ballet is a type of dance that originated from Italy and was shaped by the French. Hip-hop is a more modern type of dance that was first discovered in the late 1970’s in America. Both ballet and hip-hop are specific types of dance that uses different types of music‚ technique‚ and have different dress codes. Ballet
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AMA470 Midterm exam March 5‚ 2010 Please show full working out in order to obtain full marks. 1. Suppose that: • The number of claims per exposure period follows a Poisson distribution with mean λ = 110. • The size of each claim follows a lognormal distribution with parameters µ and σ 2 = 4. • The number of claims and claim sizes are independent. (a) Give two conditions for full credibility that can be completely determined by the information above. Make sure to define all terms in your definition
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The theme of this essay is: the importance of a study of other semi-developed countries as they struggle for economic growth‚ the elimination of mass poverty and‚ at the political level‚ for democratisation and the reduction of reliance on coercion. New countries are finding their voices in all sorts of ways and are managing to interest an international audience. South Africa is not least among them; contemporary international consciousness of the travail of our particular path towards modernity
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skewed-right distribution with a mean of 10 minutes and a standard deviation of 8 minutes. Suppose 100 flights have been randomly sampled. Describe the sampling distribution of the mean waiting time between when the airplane taxis away from the terminal until the flight takes off for these 100 flights. a) Distribution is skewed-right with mean = 10 minutes and standard error = 0.8 minutes. b) Distribution is skewed-right with mean = 10 minutes and standard error = 8 minutes. c) Distribution is approximately
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Discrete and Continuous Probability All probability distributions can be categorized as discrete probability distributions or as continuous probability distributions (stattrek.com). A random variable is represented by “x” and it is the result of the discrete or continuous probability. A discrete probability is a random variable that can either be a finite or infinite of countable numbers. For example‚ the number of people who are online at the same time taking a statistics class at CTU on
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Social institutions Characteristics of social institutions 1. They are resistant to change. Patterns of social behavior become institutionalized when they are reinforced by custom and tradition 2. They are interdependent. A societies institutions uphold similar values and norms to reflect compatible goals and priorities 3. They change together. Because institutions are interdependent a change in one will bring change Ina another 4. They are the site of social problems. For example
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at the Distribution of Soda The third element of the marketing mix is place or also called distribution. Distribution is described as the movement of goods and services from the source through the distribution channel‚ right up to the final consumer and the movement of payment in the opposite direction‚ right up to the original producer. Distribution is a very significant aspect of the marketing mix; it can decide whether a small business can compete with the big businesses. Distribution takes
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Sales & Distribution Hindustan unilever - Document Transcript 1. December SALES & DISTRIBUTION NETWORK OF HINDUSTAN UNILEVER 21‚ 2008 Sales & Distribution Network of Hindustan Uni Lever (HUL)- DOVE bathing Soap (Region: Kolkata) A marketing channel performs the work of moving goods from producers to consumers. It overcomes the time‚ place‚ and possession gaps that separate goods and services from those who need or want them. Members of the marketing channel perform a number of key functions like
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