Question

What is the transformation of Normal Random Variables? Explain the concepts to your best friend. Use your own words and provide original examples.

Answer #1

Define the concepts of “ consumer’s surplus” and “producer’s
surplus” and explain the differences by giving examples
use your own word ( 200 words )

Please explain briefly the following concepts used in the P2P
business model and answer from your point of view a simple
question. Use your own words and examples to illustrate the
concepts.
“Sharing economy”
A “viral coefficient”.
Who Benefits from the Peer-to-Peer Economy?

To the best of your ability, explain in words why the memoryless
property does not apply to the following random variable types
specifically:
• Binomial random variables
• Poisson random variables
• Pascal random variables

Which of the following random variables are
continuous?
The time that an individual spend talking on their phones
during a given week.
The number of 911 calls responded daily by the NYC police
The daily rentals rates for luxury cars in the US
Provide your own examples of at least 2 more continuous
variables and explain why they are continuous.

RStudio: Are the following values from a normal distribution? If
not, what transformation will work best? How did you test for
normality?
Values: 2.02, 1.42, 2.19, 1.89, 2.25, 1.88, 3.85, 1.86, 3.17,
2.59, 1.20, 1.44

Use 4 to 5 complete sentences, explain the concepts of beats and
how beats are produces. Please provide at least 2 examples.

A. In your own words, explain the concepts of ‘cultural
awareness’. Consider the work roles in your preferred industry and
write down how an understanding of cultural awareness can be of
benefit to relationships with others in the workplace.
B. In your own words, describe the concepts of ‘cultural
competence’ and its impact on those employed in community
services.
c.In your own words, describe the concepts of ‘cultural safety’
and its impact on community service workers.
d.Describe the legislative and...

Explain what is Statistical concepts. And how can we use these
Statistical concepts in data analysis to provide solutions to
Business Problems? A detailed description is required. What are the
statistical tools you may use to solve the Business Problems?.
Please don't send the screenshot of the handwritten
paper.

What audit concepts and/or skills will be most useful
to your professional life in the accounting field or as an employee
of an audited company? Please explain and provide specific
examples.

Explain in your own words and example of how a business could
use the Time Value of Money concepts we covered this week.

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