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Examen
ST107 Quantitative Methods (CORRECTLY SOLVED!)
ST107
ST107
Mean & Variance of transformed distributions correct answers Mean: Affected by all operations (additions/subtraction/multiplication/division) Variance: Only affected by changes in scale (multiplication/division), must square scale changes ---> i.e. if original variance is 6 and all values divided by 2, new variance = 6/2^2 Axioms of Probability correct answers 1)For any event A, 0 ≤ P(A) ≤ 1 2)For sample space S, P(S) = 1 3)If {Ai}, i = 1,..., n are mutually exclusive events then t...
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