Question

Think of a situation in which you might need to use probability in life or at...

  • Think of a situation in which you might need to use probability in life or at work.
  • write the detailed steps for your own example.
  • Outlines a probability example and provides the elements involved in your example.
  • Describes each element or part that needs to be determined or analyzed in the example.
  • Example could be from any source. Please provide actual probability values in your example.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Think of a situation in which you might need to use probability in life or at...
Think of a situation in which you might need to use probability in life or at work. write the detailed steps for your own example. Outlines a probability example and provides the elements involved in your example. Describes each element or part that needs to be determined or analyzed in the example. Example could be from any source. Please provide actual probability values in your example.
Think about an issue at work or in some other facet of your life in which...
Think about an issue at work or in some other facet of your life in which a regression analysis to come up with a way to predict a certain quantitative outcome (or dependent) variable might be useful. Then, discuss this situation, describe the variables that would be involved, and how regression analysis could be beneficial.
Think about a situation in your life that can be modeled by the binomial probability distribution;...
Think about a situation in your life that can be modeled by the binomial probability distribution; it is ok to come up with a rough estimate of the probability of a success in your situation. For example, my cell phone drops my calls roughly 10% of the time (a “success” in this situation is a dropped call, and a “failure” is an un-dropped call; the probability of a success is p=0.10); I made 10 phone calls last month (fixed number...
Think of something that you might want to measure that is affected by random variation.  Identify what...
Think of something that you might want to measure that is affected by random variation.  Identify what you want to measure, then describe its (approximate) sample space. Give a rough description of the probabilities associated with those values (you can simply specify if they are all the same probability or if values in one range will be more likely than values in another range). What would you say to a person who says that he or she "knows" what the outcome...
You might hear people say that they “need to learn to live within a budget.” The...
You might hear people say that they “need to learn to live within a budget.” The funny thing is that most people who say this haven't actually prepared a personal budget, nor do they intend to. Instead, what they are referring to is a vaguely defined, poorly specified collection of rough ideas of how much they should spend on various aspects of their lives. However, you can't live within or even outside of something that doesn't exist. With that in...
Step 1: Identify a true-life situation requiring leadership in your work, personal, or community life. Examples...
Step 1: Identify a true-life situation requiring leadership in your work, personal, or community life. Examples include creating a business, raising a family, and leading a task force or team. Step 2: Answer the following questions. The Combination Lock—The Leadership Equation Describe your leadership traits, behaviors, qualities, and style. Describe the characteristics of your followers. Describe the situation in terms of time and circumstances. Are the people and conditions right for you to provide leadership? The Ignition Key—The Power of...
What do you think about this article? Are you surprised? Are you now considering your own...
What do you think about this article? Are you surprised? Are you now considering your own savings?When it comes to saving, behavior varies widely among nations. Residents of the United States only save 5.8%. But the residents of 10 countries save more than 9% of their disposable incomes. Economists are uncertain why these countries residents save so much more than others. 24/7 Wall St. has analyzed the 10 countries to try to gain insight into the matter. We reviewed personal...
To complete each assignment, you will need to read the case study. Assume that the client...
To complete each assignment, you will need to read the case study. Assume that the client described in each case study meets criteria for a DSM-5 disorder. You will then consult the DSM-5 criteria and write 1-2 detailed paragraphs in which you assign a primary diagnosis for the client and justify that diagnosis. In this section you should reference EACH of the DSM-5 criteria for the diagnosis you are assigning and provide evidence from the case study for or against...
Question 1 Which need in Maslow's hierarchy reflects a desire for love, friendship, affiliation, and group...
Question 1 Which need in Maslow's hierarchy reflects a desire for love, friendship, affiliation, and group acceptance? A.      Safety B.      Self-actualization C.      Belongingness D.      Esteem Question 2 If a person does not feel accepted or loved, they have not reached what level, according to Maslow ? A.      Level 1 B.      Level 5 C.      Level 3 D.      Level 2 Question 3 What stage of Maslow’s pyramid do you think could be skipped to move to another level ? A.      Psychological needs...
Technical Writing Newtown Creek Memo Assignment 2: Context: You are still the petroleum engineer working as...
Technical Writing Newtown Creek Memo Assignment 2: Context: You are still the petroleum engineer working as the Lead Project Manager for Project Newtown Creek. You have been working for Enviro-Clean for the past 10 years and enjoying it very much because Enviro-Clean’s corporate values deeply reflect your own passion for cleaning up the environment. You are proud of being able to assume the Lead Project Manager position for Project Newtown Creek and hope that Newtown Creek will be cleaned up...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT