Question

Consider the binomial model, where the variable X is the total number of failures from a...

Consider the binomial model, where the variable X is the total number of failures from a set of N produced electronic components. Let p be the probability of a failure and x the number of failures during a one year observation period. What is the standard deviation of the maximum likelihood estimator given that there were 37 failures observed out of a group of 840 electronic components during the one year observation period?

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
In the next set of questions, you will consider a situation and a variable X and...
In the next set of questions, you will consider a situation and a variable X and determine whether each of the four requirements of the binomial setting are met. If the binomial setting is not technically met, but is very nearly met, then you should still select True for the binomial setting requirement. For questions 9 to 12: There are ten people waiting in line at a bank. X = number of people who are served in the next 15...
Consider a binomial random variable with n = 7 and p = 0.8. Let x be...
Consider a binomial random variable with n = 7 and p = 0.8. Let x be the number of successes in the sample. Evaluate the probability. (Round your answer to three decimal places.) a. P(x < 3) b. P(x = 3)
1) Consider a one-period binomial model of 12 months. Assume the stock price is $54.00, σ...
1) Consider a one-period binomial model of 12 months. Assume the stock price is $54.00, σ = 0.25, r = 0.04 and the exercise price of a call option is $55. What is the forecasted price of the stock given an upward movement during the year? 2) Consider a one-period binomial model of 12 months. Assume the stock price is $54.00, σ = 0.25, r = 0.04 and the exercise price of a call option is $55. What is the...
For which of the following situations would a binomial distribution not be a reasonable probability model...
For which of the following situations would a binomial distribution not be a reasonable probability model for the random variable? Question 1 options: A car rental company is interested in the color (red, green, grey, black, or white) of car that customers prefer to rent. The random variable, x, is the color of car selected by the customer. A researcher is interested in the gender of babies born at a specific hospital. The researcher plans to observe the next 50...
In the next set of questions (9 to 20), you will consider a situation and a...
In the next set of questions (9 to 20), you will consider a situation and a variable Xand determine whether each of the four requirements of the binomial setting are met. If the binomial setting is not technically met, but is very nearly met (see the discussion on pages 65-66 of the Unit 6 notes), then you should still select True for the binomial setting requirement. For questions 9 to 12: There are 10 people waiting in line at a...
Consider a Linear Probability Model where the dependent variable is Made a Political Campaign Contributions to...
Consider a Linear Probability Model where the dependent variable is Made a Political Campaign Contributions to a Candidate During the Last Election. One independent variable is the individual’s income in dollars. The coefficient on income is 0.00015. What do the results of the Linear Probability Model suggest? Group of answer choices On average, a $1,000 increase in income results in a 15 percentage point increase in the probability of making a campaign contribution On average, a $1,000 increase in income...
Consider a Linear Probability Model where the dependent variable is Made a Political Campaign Contributions to...
Consider a Linear Probability Model where the dependent variable is Made a Political Campaign Contributions to a Candidate During the Last Election. One independent variable is the individual’s income in dollars. The coefficient on income is 0.00015. What do the results of the Linear Probability Model suggest? Group of answer choices On average, a $1,000 increase in income results in a 15 percentage point increase in the probability of making a campaign contribution On average, a $1,000 increase in income...
Consider a Log-Log Model where the dependent variable is the amount of political campaign contributions from...
Consider a Log-Log Model where the dependent variable is the amount of political campaign contributions from a county in dollars. One independent variable is the average income in the county in dollars. The coefficient on average income is 0.41. What do the results of the Log-Log Model suggest? Group of answer choices On average, a $1,000 increase in average income results in a $410 increase in the amount of political campaign contributions On average, a $1,000 increase in monthly income...
Problem 1: Relations among Useful Discrete Probability Distributions. A Bernoulli experiment consists of only one trial...
Problem 1: Relations among Useful Discrete Probability Distributions. A Bernoulli experiment consists of only one trial with two outcomes (success/failure) with probability of success p. The Bernoulli distribution is P (X = k) = pkq1-k, k=0,1 The sum of n independent Bernoulli trials forms a binomial experiment with parameters n and p. The binomial probability distribution provides a simple, easy-to-compute approximation with reasonable accuracy to hypergeometric distribution with parameters N, M and n when n/N is less than or equal...
1.A fair die is rolled once, and the number score is noted. Let the random variable...
1.A fair die is rolled once, and the number score is noted. Let the random variable X be twice this score. Define the variable Y to be zero if an odd number appears and X otherwise. By finding the probability mass function in each case, find the expectation of the following random variables: Please answer to 3 decimal places. Part a)X Part b)Y Part c)X+Y Part d)XY ——- 2.To examine the effectiveness of its four annual advertising promotions, a mail...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT