Birla Institute of Technology & Science‚ Pilani Work-Integrated Learning Programmes Division Second Semester 2010-2011 Course Handout Course Number Course Title : AAOC ZC111 : Probability and Statistics Course E-mail address : aaoczc111@dlpd.bits-pilani.ac.in Course Description Probability spaces; conditional probability and independence; random variables and probability distributions; marginal and conditional distributions; independent random variables‚ mathematical exceptions‚ mean and variance
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Methodology of estimating the population in UAE 1) The Component Method : This method is used when data are available from a census (base year population) ‚ administrative records of births and deaths and net migration. The estimate is obtained by adding both natural increase and net migration that have occurred since the last census according to following formula: Pt = Po+B-D+I-E Where: Pt The Current Estimate Po The Base Year resident Population (2005 census). B Births that
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box-plot graph‚ died age is similar than survived age. The main difference of the two-sample t-test is that the survived box-plot has larger outliers that are the larger age points. Result: Actually‚ it can be obviously seen that the female has more frequency to be survived than male. Also‚ the 1st class of passengers are less frequency to be died but 3rd class of passengers are more frequency to be died. Quoting some two-test statistic‚ the degree freedom is 456. The t is 1.047 and the p-value
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Q1. (a) ‘Statistics is the backbone of decision-making’. Comment. Ans.(a) Due to advanced communication network‚ rapid changes in consumer behavior‚ varied expectations of variety of consumers and new market openings‚ modern managers have a difficult task of making quick and appropriate decisions. Therefore‚ there is a need for them to depend more upon quantitative techniques like mathematical models‚ statistics‚ operations research and econometrics. Decision making is a key part of our day-to-day
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SPSS Statistics is a software package used for statistical analysis. It is now officially named "IBM SPSS Statistics". Companion products in the same family are used for survey authoring and deployment (IBM SPSS Data Collection)‚ data mining (IBM SPSS Modeler)‚ text analytics‚ and collaboration and deployment (batch and automated scoring services). Contents [hide] 1 Statistics program 2 Versions 2.1 Ownership history 3 Add-ons 4 Release history 5 See also 6 Notes 7 References 8 External
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30-year mortgage rate for small banks is less than 6 percent? Estimate the p-value. Chapter 11 27. A recent study focused on the number of times men and women who live alone buy take-out dinner in a month. The information is summarized below. Statistic Men Women Sample mean 24.51 22.69 Population standard deviation 4.48 3.86 Sample size 35 40 At the .01 significance level‚ is there a difference in the mean number of times men and women order take-out dinners in a month? What is the p-value
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Statistics Paper Driving is a very dangerous and often hazardous thing to do. This is especially true for people ages fifteen to nineteen. There are so many crashes each year for teen drivers that it’s a miracle anyone makes it past twenty years old unharmed. In 2009 alone three hundred and fifty teens were treated for a car related accident. Teen car crashes are preventable. Often times teens drink before they drive or while they drive which makes the vehicle
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par could use to compare the driving distances of the current and new golf balls. 2. Analyze the data to provide the hypothesis testing conclusion. What is the p-value for the test? What is your recommendation for Par‚ Inc.? 3. Provide descriptive statistical summaries of the data for each model. 4. What is the 95% confidence interval for the population mean of each model‚ and what is the 95% CI for the difference between the means of the two populations? 5. Do you see a need for
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In each of the assignments in this course‚ you will be dealing with the following scenario: American Intellectual Union (AIU) has assembled a team of researchers in the United States and around the world to study job satisfaction. Congratulations‚ you have been selected to participate in this massive global undertaking. The study will require that you examine data‚ analyze the results‚ and share the results with groups of other researchers. Job satisfaction is important to companies large and
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The 3 Basic Types of Descriptive Research Methods One of the goals of science is description (other goals include prediction and explanation). Descriptive research methods are pretty much as they sound — they describe situations. They do not make accurate predictions‚ and they do not determine cause and effect. There are three main types of descriptive methods: observational methods‚ case-study methods and survey methods. This article will briefly describe each of these methods‚ their advantages
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