Consider the following frequency table of observations on the random variable X. Values 0 1 2 3
Question:
Values 0 1 2 3 4
Observed Frequency 24 30 31 11 4
(a) Based on these 100 observations, is a Poisson distribution with a mean of 1.2 an appropriate model? Perform a goodness- of-fit procedure with = 0.05.
(b) Calculate the P-value for this test.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
Expected Frequency is obtained from the Poisson distribution e 2x PX x x where 024 130 23131...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Applied Statistics And Probability For Engineers
ISBN: 9781118539712
6th Edition
Authors: Douglas C. Montgomery, George C. Runger
Question Posted:
Students also viewed these Statistics questions
-
Consider the following frequency table of observations on the random variable X: Values 0 1 2 3 4 Frequency 4 21 10 13 2 (a) Based on these 50 observations, is a binomial distribution with n = 6 and...
-
An observed frequency distribution is as follows: Number of successes 0 1 2 3 Frequency 89 133 52 26 a. Assuming a binomial distribution with n = 3 and p = 1/3, use the binomial probability...
-
Consider a Poisson distribution with a mean of two occurrences per time period. a. Write the appropriate Poisson probability function. b. What is the expected number of occurrences in three time...
-
What is the value of a 13% coupon bond that is otherwise identical to the bond described in Part D? Would we now have a discount or a premium bond?
-
1. A restaurant menu lists0 7 appetizers, 10 entrées, and 4 desserts. How many ways can a diner select a three-course meal? 2. The gift-wrap desk at a large department store offers 5 box...
-
Jamison Corporation issued $100,000, 8%, 10-year bonds on January 1, 2012, when the market rate of interest was 10%. Proceeds were $87,710.87. Interest is payable annually on January 1. Jamison uses...
-
For the HiTech example (17.1), find the risk-neutral probability of default. Example 17.1 (A leveraged firm) The HiTech firm currently has a value of $1 mil- lion and is financed in part by a 5-year...
-
The background for this case was introduced in Chapter 1. This is a continuation of the case in Chapter 6. For this part of the case, propose and test some meaningful hypotheses that will help Ms....
-
I need help with this please: 33 you will be designing and building (using free and/or recycled materials) a complicated gadget that performs a simple task. Through this process, you will demonstrate...
-
Singh and Rajamani [25] provide data for a local wood manufacturer that wants to decrease material handling by changing from a process layout to a GT layout. It is considering installing a conveyor...
-
The advertised claim for batteries for cell phones is set at 48 operating hours, with proper charging procedures. A study of 5000 batteries is carried out and 15 stop operating prior to 48 hours. Do...
-
Let X denote the number of flaws observed on a large coil of galvanized steel. Seventy-five coils are inspected and the following data were observed for the values of X: Values 1 2 3 4 5 6 7 8...
-
Create a mathematical system with two binary operations. Select a set of elements and two binary operations so that one binary operation with the set of elements meets the requirements for a group...
-
Orchard B&B is a bed and breakfast on the coast of Florida. As customers make reservations they are required to pay cash in advance equal to one-half of the rate for their stay. How should Orchard...
-
write the best characterizes relevant information?
-
ACQUIRE AND MODERNIZE MILITARY UNIQUE SYSTEMS THAT REQUIRE SIGNIFICANT DEVELOPMENT, TIME AND OR COSTS ARE CALLED WHAT?
-
Write a procedure for Wamco payroll confidentiality and secure storage You are a payroll officer for Wamco. Often family members and other external parties ring you up or email you and want to check...
-
a) There is a donut shop with 4 types of donuts. {A, B, C, D} What is the probability that a random sale of 12 donuts contains at least 6 donuts of type A? Assume all sales are equally likely. b)...
-
When at rest in the Earth reference frame, the delta-wing spaceship in Figure P14.43 is \(7.00 \mathrm{~m}\) long and has a wingspan of \(8.00 \mathrm{~m}\). (a) What is the opening angle \(\alpha\)...
-
Select a mass spectrometric technique with the highest mass resolution for identifying an unknown compound being eluted from a liquid chromatography column
-
Prove the triangle inequality (|a + b| |a| + |b|) by adding the two inequalities: -lal a lal, -|b1 b |bl
-
Is the average of group averages always equal to the overall average? Lets make this question more precise: Suppose that an instructor teaches four sections of a course, and the average scores on an...
-
Give your own example of a research question that you could use methods of this chapter to investigate. Include the following components: a. The research question itself b. The observational units c....
-
Suppose that two different studies (A and B) have the same sample sizes in each of four groups, with similar standard deviations in the four groups. Furthermore, those sample sizes and sample SDs are...
-
Speedy Auto Repairs uses a job-order costing system. The company's direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics' hourly...
-
3. A, B and C are partners sharing profits and losses equally. The balance sheet at 31st December 2020 is as follows. Assets Liabilities Amount Amount (RO) (RO) Creditors 5,000 Cash at Bank 3,000...
-
For each of the following program fragments, give an analysis of the running time. 1) sum = 0; for (int i = n; i > 0; i--) for (int j = 0; j
Study smarter with the SolutionInn App