Normal Distribution:- A continuous random variable X is a normal distribution with the parameters mean and variance then the probability function can be written as f(x) = - < x < ‚ - < μ < ‚ σ > 0. When σ2 = 1‚ μ = 0 is called as standard normal. Normal distribution problems and solutions – Formulas: X < μ = 0.5 – Z X > μ = 0.5 + Z X = μ = 0.5 where‚ μ = mean σ = standard deviation X = normal random variable Normal Distribution Problems and Solutions – Example
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distributed and the challenges faced using the various channels of distribution. INTRODUCTION A service can be defined as an essentially intangible benefit either on its own right or as a significant part of a tangible product which through some form of exchange satisfies an identified need (Palmer‚ 2001). From the dictionary it is said to be a system or organization that provides for a basic public need. Distribution is the process of making a product or service available for use or consumption
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25‚ 28 26‚ 28‚ 26‚ 28‚ 31‚ 30‚ 26‚ 26 the information is to be organized into a frequency distribution. A. How many classes would you recommend? b. What class interval would you suggest? C .what lower limit would you recommend for the first class? d. organize the information into a frequency distribution and determine the relative frequency distribution. e. comment on the shape of the distribution. 15. Molly’s Candle Shop has several retail stores in the coastal areas of North and South
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DISTRIBUTION IN BANKING BUSINESS Distribution in financial services marketing is concerned with how the service is delivered to the customer‚ making sure that it is available in a place‚ at a time and in a format that is appropriate and convenient for the customer. In a growing number of countries‚ the expansion of the financial services sector has been accompanied by a significant blurring of lines between different institutional types with‚ for instance‚ retail banks offering insurance products
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Statistics: • Science of gathering‚ analyzing‚ interpreting‚ and presenting data • Measurement taken on a sample • Type of distribution being used to analyze data Descriptive statistics: Using data gathered on a group to describe or reach conclusions about that same group only. Descriptive statistics are the tabular‚ graphical‚ and numerical methods used to summarize data. Collect‚ organize‚ summarize‚ display‚ analyze Eg: According to Consumer Reports‚ General Electric washing machine
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Wealth Gap There are the rich and poor in every period in human history and everywhere in the world. Has the disparity between the rich and poor existed since ancient time? How does the disparity between the rich and poor come out? Has the disparity between the rich and poor became more narrow or wider? Although some people think that the gap between the rich and poor is more narrow because of the development of human society‚ the fact is that the disparity between the rich and poor is gaining
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Patricia Pupo Professor Matthew Sang PHI 2604 26 November 2014 Income Distribution This essay will discuss if current income distribution has a negative impact in the society because of the inequality that exists. What is income distribution? It is how a national income is split between different groups. Rights theory worries as the name says it‚ about people rights‚ and action is good if it respects the people’s rights. There are two kinds of rights‚ positive and negative. The first one relates
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1.1 GENERAL INTRODUCTION Diabetes mellitus‚ often simply referred to as diabetes‚ is a group of metabolic diseases in which a person has high blood sugar‚ either because the body does not produce enough insulin‚ or because cells do not respond to the insulin that is produced. It is a serious‚ lifelong condition. The three main types of diabetes are: Type 1 diabetes results from the body’s failure to produce insulin‚ and presently requires the person to inject insulin. Type 2 diabetes
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Annette Lareau’s book Unequal Childhoods is a compilation of her observational data of 12 children between the years of 1994 – 1995. Recently‚ a second version of her book was published in 2011 that included follow-up interviews with some of the selected children ten years after the study finished. The 12 children selected for her study were put into various categories to facilitate a diverse range of economic‚ racial‚ and cultural backgrounds that would allow her to try to make broad observations
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Wealth Wealth‚ money‚ gold‚ property‚ possession‚ prosperity‚ treasure‚ luxuriance… You probably heard these words millions of times in your life time‚ but have you considered what they actually mean? What is their meaning to you? What is the value they hold in the world? How are they seen in our everyday life? There are thousands of questions that can be asked about this one aspect of life. The question I want to discuss in this paper differs from all the typical ones. My question is: “How did
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