in 175 words what type of research would be conducted in your current industry that would be binomial in nature?
Binomial distribution is a discrete distribution. It has great
practical applications in research and industrial inspection
problems. It arises when a single trial of some process or
experiment can result in only one of two mutually exclusive
outcomes such as male or female, with or without scales, dead or
alive, whether responds or not to a given stimuli and so on.
Mathematical description of the binomial distribution can be as
given below.
Suppose that the individual examined possess certain character with
probability p and that does not possess it with probability 1-p=q.
Then, the probability of x individuals in a sample of n individuals
possessing the character is given by,
A random variable X is said to follow binomial distribution if
its probability mass function is given by (1). If p and n are
known, this distribution can be completely determined. Hence, p and
n are called parameters of the binomial distribution. In this
distribution, it is assumed that each trial results in one of two
possible mutually exclusive outcomes namely ‘success’ or ‘failure’.
Further, p is assumed to be constant from observation to
observation and outcomes of observations are independent.
Important properties of the binomial
distribution
For p=q= ½ binomial distribution is symmetrical;
For p< ½ it is positively skewed;
For p> ½ it is negatively skewed;
Binomial distribution is a discrete distribution. It has great
practical applications in research and industrial inspection
problems. It arises when a single trial of some process or
experiment can result in only one of two mutually exclusive
outcomes such as male or female, with or without scales, dead or
alive, whether responds or not to a given stimuli and so on.
Mathematical description of the binomial distribution can be as
given below.
Suppose that the individual examined possess certain character with
probability p and that does not possess it with probability 1-p=q.
Then, the probability of x individuals in a sample of n individuals
possessing the character is given by,
A random variable X is said to follow binomial distribution if
its probability mass function is given by (1). If p and n are
known, this distribution can be completely determined. Hence, p and
n are called parameters of the binomial distribution. In this
distribution, it is assumed that each trial results in one of two
possible mutually exclusive outcomes namely ‘success’ or ‘failure’.
Further, p is assumed to be constant from observation to
observation and outcomes of observations are independent.
Important properties of the binomial
distribution
For p=q= ½ binomial distribution is symmetrical;
For p< ½ it is positively skewed;
For p> ½ it is negatively skewed;
in 175 words what type of research would be conducted in your current industry that would...
Please type answer, Thanks. Respond to the following in a minimum of 175 words: Research industry and government regulations in the context of the organization you chose in Week 1. Discuss which resource(s) you found to be most useful in terms not only of researching the different types of industry and government regulations that exist, but which industry and government regulations must be implemented for a given security scenario. Question 1.) What criteria are you using, or thinking of using,...
Market Research Case Study Analysis Describe a business situation in 175 words where market research can influence decision making. Select three research methods from the following list: Primary Secondary Qualitative Quantitative Mixed Analyze each selected research method in 175 words as it relates to your selected business situation. Research Method Analysis as related to business situation Compare the use of observational versus experimental research for the business situation in a total of 350 words. Pros Cons Observational Research Experimental...
Respond to the following in a minimum of 175 words: How might the CompTIA Cloud+ industry certification benefit you and help you reach your goals? How do you think employers view certifications like this one? What is your plan to study for the exam?
Respond to the following in a minimum of 175 words PLEASE TYPE RESPONSE: What are some advantages and disadvantages of the defined benefits pension plan? The economy has shifted to workers changing jobs frequently which plan works better, support your answer with specific examples?
It is known that 40% of the population has type O blood. A study is conducted to determine if the percentage of type O blood donations differs from 40%. (a) Describe, in words, what the population proportion, p, is in this situation. (b) Set up Ho and Ha (Remember Ha is the research hypothesis). (c) In a random sample of 150 recent donations at a certain blood bank, 82 donations are type O blood. (i) What is the P-value? (Hint:...
What is the Best Type of Marketing Research?: (Please post an original piece with at lease 300 words) Take a position between these two perspectives: The best marketing research is quantitative in nature versus The best marketing research is qualitative in nature. Give supporting reasons based on the reading.
Respond to the following in a minimum of 175 words: Share, in your own words, the difference between the fair value and equity methods of accounting for investments. In what situations would an accountant use one method over the other? What drawbacks, if any, are associated with each method?
Respond to the following in a minimum of 175 words: What recommendations would you give to someone wanting to improve his or her cardiovascular health? Give reasoning for each recommendation. What recommendations would you give to someone wanting to improve his or her gastrointestinal health? Give reasoning for each recommendation.. please include links for your sources and proper grammar .Thank you
Respond to the following in a minimum of 175 words PLEASE TYPE RESPONSE: Why would you rather lease than own? There are five advantages these are: 1. Leasing reduces the upfront cash needed to use an asset. 2. Lease payments often are lower than installment payments. 3. Leasing offers flexibility and a lower cost when disposing of the asset. 4. Leasing might offer protection against the risk of declining asset values. 5. Leasing might offer tax advantages. Can you provide...
In 1994, a poll was conducted which asked the Quebec electorate the following question: "In your opinion should the current provincial Liberal government hold a referendum on sovereignty at the same time as the provincial election?" A researcher wishes to use the results of the poll to show that under 50% of the Quebec electorate would answer "NO". (a) describe, in words, what the population proportion, p, is in this situation. (b) Set up Ho and Ha (remember Ha is...