In any statistical experiment if the occurrence of one event precludes the occurrence of the other events, the events of the experiment are called __________. mutually exclusive events intersecting events complimentary events independent events

Q: Random variables, which are usually generated from experiments in which the observations or things…

A: A variable is basically regarded as the symbol for the working at the time, when the placeholder…

Q: How to compare and contrast probable and estimable contingencies vs. remote contingencies.

A: Contingencies: Contingencies are the incidences   which may  or may not happen  and it depend  on…

Q: Explain positively correlated

A: Positive correlation: It's a connection between two factors that move the two factors pair — that…

Q: Forecasting that uses subjective analysis of subjective inputs is called   O Judgmental forecast…

A: Forecasting refers to the estimation of the outcomes in the future on the basis of the examination…

Q: Explain errors of principle and give two examples with measures to rectifythem.

A: An error of principle is an accounting mistake in which an entry is recorded in the incorrect…

Q: When we use Excel to perform a regression analysis, the independent variable data must be contiguous…

A: The question states how data should be placed while conducting a regression analysis in excel. We…

Q: Explain the difference between the two types of subsequent events.

A: Subsequent events refers to events which occur after the end of reporting period but before…

Q: What are the characteristics of Substantive Tests?

A: Audit Planning: Audit planning is the first step in the auditing process. Auditor gathers all the…

Q: What is an observation that lies outside its expected distribution?   Multiple Choice   Outlier…

A: Given the following question What is an observation that lies outside its expected distribution?…

Q: Why is compound and simple interest different

A: If you have any questions let me know in comment box thankyou for your question.

Q: Experimental outcomes that are based on measurement scales such as time, weight, and distance can be…

A: The correct answer is: (C) Continuous  Continuous random variables are variables that can take on…

Q: Does the IRR analysis yield the results consistent with PW and other equivalence methods?

A: Yes, the IRR analysis gives the results consistent with PW analysis and Equivalence methods.

Q: Give an example of a Sensitivity Analysis performed for Mutually Exclusive Alternatives?

A: Mutually exclusive alternatives are those alternatives out of which only one can be selected at a…

Q: What is the difference between probability and statistics?

A: The problems considered by probability and statistics are inverse to each other. In probability…

Q: The following are qualitative characteristics of presentation, except O Uniformity O…

A: Uniformity- It is the quality of being homogeneous.  Understandability-The information must be…

Q: Probability samples versus nonprobability samples; also briefly define the types of valid…

A: Solution- Probability sampling- 1- probability sampling, respondents are randomly selected to take…

Q: Multivariate regression has multiple dependent variables. O True False

A: Multivariate regression It is not always possible that there is only one explanatory variable and…