QuickHelper

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About QuickHelper

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Elementary,High School,College,University,PHD

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Accounting,Applied Sciences See all
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Teaching Since: May 2017
Last Sign in: 356 Weeks Ago, 3 Days Ago
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Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 31 Aug 2017 My Price 11.00

Probability and Statistics

Question description

 

1. Read Chapter 4, and then describe, in your own words, another method of finding the mean by using the sample space (list of possible values) and probabilities (the technique is in the book).

2. Create a list of seven, 2-digit numbers (with no duplicates) and another set of seven probabilities (with no duplicates). The probabilities must add to 1. Open R, and manually enter those numbers and their corresponding probabilities to calculate the mean using only addition and multiplication (in other words, enter only the numbers, the plus sign, and the * for multiplication, like on the bottom of Yakir, 2011, p. 57). Paste all the R output into your journal.

3. Describe in your own words what your calculation is doing and what the answer means.

Answers

QuickHelper
(10)
Status NEW Posted 31 Aug 2017 06:08 AM My Price 11.00

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