Yearly world POPulation is given as follows: Year PoPu lation 2015 7379797139 2016 74640 22049 2017 754785 8925 20187631091040 2019 7713468100 2020 7794798739 @) Project the world PoPulation in 2021, 2022, 2023, 20 24 , 2025 , 2026 , Using both geometric growth rate and exPonential rate · Show all your Calculation (b) Create one graph which Shows the above data and Projections in 2021, 2022 , 2023 , 2024, 3075, 101

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A: MonthsCostumers1103211331234125514961447151816591781019211202122001311014114151161613417132

Q: Year Expenditure (billions $) 1359 1878 2016 2320 2498 2689 3298 3533 4032 2000 2004 2005 2007 2008…

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Continuous Probability Distributions

Probability distributions are of two types, which are continuous probability distributions and discrete probability distributions. A continuous probability distribution contains an infinite number of values. For example, if time is infinite: you could count from 0 to a trillion seconds, billion seconds, so on indefinitely. A discrete probability distribution consists of only a countable set of possible values.

Normal Distribution

Suppose we had to design a bathroom weighing scale, how would we decide what should be the range of the weighing machine? Would we take the highest recorded human weight in history and use that as the upper limit for our weighing scale? This may not be a great idea as the sensitivity of the scale would get reduced if the range is too large. At the same time, if we keep the upper limit too low, it may not be usable for a large percentage of the population!