Ship collisions in the Houston Ship Channel are rare. Suppose of collisions are Poisson distributed, with a mean of 1.2 collisions every four months. What is the probability of having one or less collision over a four-month period? Round you answer to 3 decimal places.
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- Serial correlation, also known as autocorrelation, describes the extent to which the result in one period of a time series is related to the result in the next period. A time series with high serial correlation is said to be very predictable from one period to the next. If the serial correlation is low (or near zero), the time series is considered to be much less predictable. For more information about serial correlation, see the book Ibbotson SBBI published by Morningstar.A company that produces and markets video games wants to estimate the predictability of per capita consumer spending on video games in a particular country. For the most recent 7 years, the amount of annual spending per person per year is shown here. Original Time Series Year 1 2 3 4 5 6 7 $ per capita 32.27 34.06 37.83 43.32 44.62 49.67 51.83 (a) To construct a serial correlation, we use data pairs (x, y) where x = original data and y = original data shifted ahead by one time period. Construct the data…# 3. Use Minitab to simulate 1000 rolls of five dice. Find the number of times that the sum of the five dice is exactly 20. Enter that value here. frequency approach to estimate the probability of getting a 20 when five dice are rolled. Enter the estimated probability here. Based on that result, use the relative Write a sentence or two explaining the difference (advantage or disadvantage) of the classical approach to probability compared to the relative frequency approach to probability. Refer to the results from #1, 2, 3 above in your explanation.the outcomes of a discrete random variable follow a Poisson distribution, then their A median equals the standard deviation B.median equals the variance C.mean equals the standard deviation. D. mean equals the variance
- from year s of teaching ,a statsitics profeessor knoes that Amy , her student 's test scre will be a randonm variable with mean = 75 and variance = 25. what can be the lowest estimate on probability that Amy will socre between 65 and 85.TREKLAIR bulbs have an average lifespan of800 hours with a variance of 1,600 hours2 .This duration oflife has a normal distribution. Find the probability that abulb lasts between 778 and 834 hours.Does playing Mozart for unborn babies result in having children with higher IQs? A psychologist obtains a random sample of 30 mothers in the first trimester of their pregnancy. The mothers are asked to play Mozart in the house at least 45 minutes each day until they give birth. We know that IQs are normally distributed with a mean of 100. A few years after their births the children were given an IQ test and the IQs of the 30 children in the study resulted in a sample mean of 104.2. Assume the population standard deviation for IQ of children is 15. Is there evidence that the children who listen to Mozart for at least 45 minutes each day during pregnancy have higher IQs at the 0.05 level of significance? Use the p-value approach. a. Define the parameter we are testing and setup a hypothesis test to see if the mean IQ of children who listened to Mozart at least 45 minutes a day during pregnancy is higher than the national mean of 100: b. Calculate the test statistics for this…
- Cody took his first physics exam and scored an 80. The population mean for this exam is 70, and the standard deviation is 5. What is the probability of selecting a person with a score greater than Cody’s?The NJ Department of Health has reported the average life span of NJ residents is 81 years. If the standard deviation is σ = 4 years, what is the probability of a person living to at least 92 years of age?Does playing Mozart for unborn babies result in having children with higher IQs? A psychologist obtains a random sample of 30 mothers in the first trimester of their pregnancy. The mothers are asked to play Mozart in the house at least 45 minutes each day until they give birth. We know that IQs are normally distributed with a mean of 100. A few years after their births the children were given an IQ test and the IQs of the 30 children in the study resulted in a sample mean of 104.2. Assume the population standard deviation for IQ of children is 15. Is there evidence that the children who listen to Mozart for at least 45 minutes each day during pregnancy have higher IQs at the 0.05 level of significance? Use the p-value approach. Select the correct conclusion for this test: We fail to reject the null hypothesis because the p-value is less than the level of significance. We fail to reject the null hypothesis because the p-value is greater than the level of significance. We…
