2. For each of the following random variables: • Decide whether it would be appropriate to model ...
1.) For each of the following, determine whether the random variable described is binomial. If it is binomial, state its parameters and possible values. If it is not binomial, state why. (a) You are playing a board game that involves spinning a wheel with five different colors. The first person whose spinner lands on the orange section (p = 0.2) gets the advantage of going first. Let X = the number of spins until you land on orange (b) While...
1) Continuous random variables are obtained from data that can be measured rather than counted. A) True B) False 2) Discrete variables have values that can be measured. A) True B) False 3) Determine whether the random variable described is discrete or continuous. The number of minutes you must wait in line at the grocery store A) continuous B) discrete 4) Determine whether the random variable described is discrete or continuous. The total value of a set of coins A)...
Need help with stats true or false questions
Decide (with short explanations) whether the following statements are true or false a) We consider the model y-Ao +A(z) +E. Let (-0.01, 1.5) be a 95% confidence interval for A In this case, a t-test with significance level 1% rejects the null hypothesis Ho : A-0 against a two sided alternative. b) Complicated models with a lot of parameters are better for prediction then simple models with just a few parameters c)...