Simple random sample (SRS) In statistics‚ a simple random sample from a population is a sample chosen randomly‚ so that each possible sample has the same probability of being chosen. One consequence is that each member of the population has the same probability of being chosen as any other. In small populations such sampling is typically done "without replacement"‚ i.e.‚ one deliberately avoids choosing any member of the population more than once. Although simple random sampling can be conducted
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expected average outcome over many observations.The common symbol for the mean (also known as the expected value of X) is ‚ formally defined by Variance - The variance of a discrete random variable X measures the spread‚ or variability‚ of the distribution‚ and is defined by The standard deviation is the square root of the variance. Expectation - The expected value (or mean) of X‚ where X is a discrete random variable‚ is a weighted average of the possible values that X can take‚ each value
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What Causes Selective Mutism? By Susha Cheriyedath‚ MSc There are several risk factors for selective mutism‚ all of which play a key role in the development of the disorder. These factors include a family history of anxiety‚ speech issues‚ language problems‚ and a tendency to avoid unfamiliar settings. There is no evidence that abuse or neglect can cause selective mutism in children or adolescents. Genetic Factors Most children with the condition are genetically predisposed to anxiety disorder. They
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Probability distribution Definition with example: The total set of all the probabilities of a random variable to attain all the possible values. Let me give an example. We toss a coin 3 times and try to find what the probability of obtaining head is? Here the event of getting head is known as the random variable. Now what are the possible values of the random variable‚ i.e. what is the possible number of times that head might occur? It is 0 (head never occurs)‚ 1 (head occurs once out of 2 tosses)
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Michael Ferrai Economics 001 Income Distribution November 13‚ 2012 Over the last 30 years the participation of women in the work force has increased dramatically‚ unfortunately the pay gap between men and women has not decreased much at all. On top of that the pay gap between the classes of working America is increasing. While there have been some improvements there is still a lot of room for improvement. As of 2011 women’s median hourly wages were about 84 percent of males median hourly
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Distribution of Income • The fifth macroeconomical goals to ensure that income distribution is equitable. Equitable means fair‚ but fairness is an elusive concept and it means different things to different people. • A more equitable distribution may help to accelerate growth and promote human and economic development in many ways: • The propensity to consume of the poor is higher than that of the rich so redistribution will increase aggregate demand especially for basic goods and services.
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Frequency Distribution (A) Introduction 1. Ungrouped data versus grouped data Ungrouped data (Raw data): It is a list of individual observed values of the random variable Grouped data (a frequency distribution): It is a table that displays the data in grouping along with the number of occurrences that fall into each group. 2. The components of a frequency distribution a. Class limits: They identify the inclusive values in a class of a frequency distribution The
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The chain of distribution – also known as the channel of distribution‚ is the way in which the product is delivered to the consumer‚ it is used in any industry. An example of this would be; Vertical distribution Many companies do not go by the simple chain of distribution as theirs is more complex. Many business tend to merge with other businesses for commercial success. When this takes place it’s known as vertical distribution. This is when a two companies from different levels of the travel
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NORMAL DISTRIBUTION 1. Find the distribution: a. b. c. d. e. f. following probabilities‚ the random variable Z has standard normal P (0< Z < 1.43) P (0.11 < Z < 1.98) P (-0.39 < Z < 1.22) P (Z < 0.92) P (Z > -1.78) P (Z < -2.08) 2. Determine the areas under the standard normal curve between –z and +z: ♦ z = 0.5 ♦ z = 2.0 Find the two values of z in standard normal distribution so that: P(-z < Z < +z) = 0.84 3. At a university‚ the average height of 500 students of a course is 1.70 m; the standard
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A channel of distribution can be defined as the collection of organizational units‚ institutions‚ or agencies within or external to the manufacturer‚ which perform the functions that support product marketing. The marketing functions are pervasive: they include buying‚ selling‚ transporting‚ storing‚ grading‚ financing‚ bearing market risk‚ and providing marketing information. Any organizational unit‚ institution‚ or agency that performs one or more of the marketing functions is a member of a channel
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