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- What do we call the probability of a Type I error?QUESTION 11 ABC Store's data of the past 500 days shows that the online daily sales of a cooking pot of a special brand was between ten and eighteen pots. If of the 500 days, there were 100 days with daily sale of 15 pots, then what is the probability that the daily sale is 15 pots? (Put your result in a decimal number. Keep 3 digits after the decimal points.)A store sells from 0 to 12 computers per day. Is the amount of daily computer sales a discrete or continuous random variable?
- You may need to use the appropriate appendix table or technology to answer this question. Shoppers enter a mall at an average of 360 per hour. (Round your answers to four decimal places.) (a) What is the probability that exactly 15 shoppers will enter the mall between noon and 12:05 p.m.? 0.0010 (b) What is the probability that at least 70 shoppers will enter the mall between 5:00 and 5:10 p.m.? 0.0985 Xusing 'standard Normal Table ' , calculate the following probabilities. 1. Pr(z < -1.12) 2. Pr(z >2.32) 3.pr(1.22 < z >2.53) 4.pr(-3.22 < z < 0.22) 5.pr(-2.36 < z < -0.50)The table gives the joint probability distribution of the number of sports an individual plays (X) and the number of times she may get injured while playing (1) X=3 0.15 0.06 0.15 0.02 Y=4 Y=3 Y=2 Y=1 X=1 0.12 0.05 0.10 0.15 The covariance between X and Y. xy.is (Round your answer to two decimal places. Enter a minus sign if your answer is negative.) The correlation between X and Y, con(X, Y), is (Round your answer to two decimal places. Enter a minus sign if your answer is negative) An increase in the number of sports an individual plays will tend to X=2 0.08 0.05 0.03 0.04 the number of times she may get injured while playing
- I have a poisson distribution with a mean of 4. What is the standard deviation?How does Qs = 9 I thought it would be 27f (x, y) = 3x² + y³ + 4xy² +8 Of(x,y) dr Of(x,y) dy What is the value of when x = 4 and y = 5? (Note: the answer may not be a whole number, so please round to the nearest hundredth) (Note: the numbers may change between questions, so read carefully)
- Decorators Co. got a 15-year loan from NatWest Bank in 2016 for an amount of £22 million. The loan was taken at an annual interest rate of 12%. After 5 years in 2021, Decorators Co. had managed to pay back £9.5million. Currently owing on the loan is the principal balance plus interest of £800,000. In 2021, the probability that Decorators Co. defaults on the loan is 4.5%, in the same year, if there is a default, NatWest bank expects that it will be able to recover 75% of the loan. Given the information above, you are required to determine: Exposure at default (EAD) Value of Loss given default value (LGD) Expected loss (EL)What is the value of Y if C = 200, a = 20, and b = 0.9?A university knows from historical data that 25% of students in an introductory statistics class withdraw before completing the class. Assume that 16 students have registered for the course. What is the probability that exactly 2 will withdraw?