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Archaeology: Artifacts At Burnt Mesa Pueblo, in one of the archaeological excavation sites, the artifact density (number of prehistoric artifacts per 10 liters of sediment) was 1.5 (Source: Bandelier Archaeological Excavation Project: Summer 1990 Excavations at Burnt Mesa Pueblo and Casa del Rito, edited by Kohler, Washington State University Department of Anthropology). Suppose you are going to dig up and examine 50 liters of sediment at this site. Let r = 0, 1, 2, 3, . . . be a random variable that represents the number of prehistoric artifacts found in your 50 liters of sediment.
- (a) Explain why the Poisson distribution would be a good choice for the
probability distribution of r. What is l? Write out the formula for the probability distribution of the random variable r. - (b) Compute the probabilities that in your 50 liters of sediment you will find two prehistoric artifacts, three prehistoric artifacts, and four prehistoric artifacts.
- (c) Find the probability that you will find three or more prehistoric artifacts in the 50 liters of sediment.
- (d) Find the probability that you will find fewer than three prehistoric artifacts in the 50 liters of sediment.
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Chapter 5 Solutions
Bundle: Understandable Statistics: Concepts And Methods, 12th + Jmp Printed Access Card For Peck's Statistics + Webassign Printed Access Card For ... And Methods, 12th Edition, Single-term
- Examine the Variables: Carefully review and note the names of all variables in the dataset. Examples of these variables include: Mileage (mpg) Number of Cylinders (cyl) Displacement (disp) Horsepower (hp) Research: Google to understand these variables. Statistical Analysis: Select mpg variable, and perform the following statistical tests. Once you are done with these tests using mpg variable, repeat the same with hp Mean Median First Quartile (Q1) Second Quartile (Q2) Third Quartile (Q3) Fourth Quartile (Q4) 10th Percentile 70th Percentile Skewness Kurtosis Document Your Results: In RStudio: Before running each statistical test, provide a heading in the format shown at the bottom. “# Mean of mileage – Your name’s command” In Microsoft Word: Once you've completed all tests, take a screenshot of your results in RStudio and paste it into a Microsoft Word document. Make sure that snapshots are very clear. You will need multiple snapshots. Also transfer these results to the…arrow_forward2 (VaR and ES) Suppose X1 are independent. Prove that ~ Unif[-0.5, 0.5] and X2 VaRa (X1X2) < VaRa(X1) + VaRa (X2). ~ Unif[-0.5, 0.5]arrow_forward8 (Correlation and Diversification) Assume we have two stocks, A and B, show that a particular combination of the two stocks produce a risk-free portfolio when the correlation between the return of A and B is -1.arrow_forward
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- Joy is making Christmas gifts. She has 6 1/12 feet of yarn and will need 4 1/4 to complete our project. How much yarn will she have left over compute this solution in two different ways arrow_forwardSolve for X. Explain each step. 2^2x • 2^-4=8arrow_forwardOne hundred people were surveyed, and one question pertained to their educational background. The results of this question and their genders are given in the following table. Female (F) Male (F′) Total College degree (D) 30 20 50 No college degree (D′) 30 20 50 Total 60 40 100 If a person is selected at random from those surveyed, find the probability of each of the following events.1. The person is female or has a college degree. Answer: equation editor Equation Editor 2. The person is male or does not have a college degree. Answer: equation editor Equation Editor 3. The person is female or does not have a college degree.arrow_forward
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