A certain rare disease affects 1 out of every 10,000 persons in the US. Let X be the random variable counting the number of people in a sample of 50,000 that are afflicted with this disease. Find...
Popular Questions - Mathematics – Probability
In this assignment, you will be asked to calculate several statistics for a particular data set. Please click here to view the template. Complete the template as instructed and upload it in...
Five problems in total in Probability Theory. Please answer with steps and detail.
What is the probability of two people in our class having the same birthday? Briefly tell whether you think it will be a high probability or low (or somewhere in between) and then try to calculate!...
Question 1. Suppose that the lifetime of an LED light bulb (in years) is an exponential random variable with mean 10. What is (approximately) the probability that the average lifetime of a random...
A local law firm has hired G&B consulting to help determine a business strategy. There is a competing firm in the area and recently the two firms have begun talks in regards to a merger. The...