Poisson Study guides, Class notes & Summaries
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Actuary Exam 1: 2 of 3 Questions & Answers 2023/2024
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Actuary Exam 1: 2 of 3 Questions & Answers 2023/2024 
 
 
What distribution would you use? Number of insurance claims during a given time period. - ANSWER-Poisson 
 
What distribution would you use? Number of deaths per year from a given group of people. - ANSWER-Poisson 
 
What distribution would you use? Number of mail pieces recieved in a day? Or number of phone calls recieved in a hour? - ANSWER-Poisson 
 
What distribution would you use: Suppose on average that a web page gets 2 hits per mi...
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MATH302 Week 3 Test - 20 Questions and Answers APU
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1.	Question: A coin is flipped 30 times. What is the probability of getting 15 or more heads? Round answer to 4 decimal places. 
2.	Question: It is known that 50% of adult workers have a high school diploma. If a random sample of 8 adult workers is selected, what is the probability that less than 6 of them have a high school diploma? 
3.	Question: If random variable X has a binomial distribution with n=9 and P(success) =p= 0.4, find the standard deviation of X. 
4.	Question: If random variable X...
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MATH302 Week 3 Test
- Exam (elaborations) • 13 pages • 2023
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1.	Question: A coin is flipped 30 times. What is the probability of getting 15 or more heads? Round answer to 4 decimal places. 
2.	Question: It is known that 50% of adult workers have a high school diploma. If a random sample of 8 adult workers is selected, what is the probability that less than 6 of them have a high school diploma? 
3.	Question: If random variable X has a binomial distribution with n=9 and P(success) =p= 0.4, find the standard deviation of X. 
4.	Question: If random variable X...
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MATH302 Week 3 Knowledge Check Homework Practice Questions
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1.	Question: Suppose a random variable, x, arises from a binomial experiment. If n = 14, and p = 0.13, find the standard deviation. Round answer to 4 decimal places. 
2.	Question: A coin is flipped 30 times. Find σ². Round to 1 decimal place. 
3.	Question: It is known that 50% of adult workers have a high school diploma. If a random sample of 6 adult workers is selected, what is the probability that 3 or more of them have a high school diploma? 
4.	Question: Suppose a random variable, x, arise...
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MATH 1280 Final Exam Questions and Answers Latest 2023/2024 (University of the People)
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MATH 1280 Final Exam Questions and Answers Latest 2023/2024 (University of the People). What is the mean of x? 
x <- c(12, 14, 11, 14, 13, 15, 12, 16, 10) 
Select one: 
a. 12 
b. 13 
c. 14 
d. 15 
e. 16 
Question 3 
Using the value of x from the prior question, what is the standard deviation of 
x? 
Select one: 
a. 1 
b. 3.75 
c. 9 
d. sqrt(13) 
e. 1.94 
This study source was downloaded by from CourseH on :35:48 GMT -05:00 
Information 
Use this information for the next three questions. 
A r...
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BUS 660 Topic 7 Waiting Line Models - Homework
- Other • 19 pages • 2023
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1.	Problem 15-27 (Algorithmic): Gubser Welding, Inc., operates a welding service for construction and automotive repair jobs. Assume that the arrival of jobs at the company's office can be described by a Poisson probability distribution with an arrival rate of three jobs per 8-hour day. The time required to complete the jobs follows a normal probability distribution, with a mean time of 2.2 hours and a standard deviation of 1 hour. Answer the following questions, assuming that Gubser uses one w...
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MATH302 Week 3 Test
- Exam (elaborations) • 13 pages • 2023
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1.	Question: A coin is flipped 30 times. What is the probability of getting 15 or more heads? Round answer to 4 decimal places. 
2.	Question: It is known that 50% of adult workers have a high school diploma. If a random sample of 8 adult workers is selected, what is the probability that less than 6 of them have a high school diploma? 
3.	Question: If random variable X has a binomial distribution with n=9 and P(success) =p= 0.4, find the standard deviation of X. 
4.	Question: If random variable X...
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MATH302 Week 3 Knowledge Check Homework Practice Questio
- Exam (elaborations) • 14 pages • 2023
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1.	Question: Suppose a random variable, x, arises from a binomial experiment. If n = 14, and p = 0.13, find the standard deviation. Round answer to 4 decimal places. 
2.	Question: A coin is flipped 30 times. Find σ². Round to 1 decimal place. 
3.	Question: It is known that 50% of adult workers have a high school diploma. If a random sample of 6 adult workers is selected, what is the probability that 3 or more of them have a high school diploma? 
4.	Question: Suppose a random variable, x, arise...
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MATH302 Week 3 Knowledge Check Homework Practice Questions
- Exam (elaborations) • 14 pages • 2023
- Available in package deal
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- $34.99
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1.	Question: Suppose a random variable, x, arises from a binomial experiment. If n = 14, and p = 0.13, find the standard deviation. Round answer to 4 decimal places. 
2.	Question: A coin is flipped 30 times. Find σ². Round to 1 decimal place. 
3.	Question: It is known that 50% of adult workers have a high school diploma. If a random sample of 6 adult workers is selected, what is the probability that 3 or more of them have a high school diploma? 
4.	Question: Suppose a random variable, x, arise...
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ISYE 6414 – Final Exam with Correct Answers 2023
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Logistic Regression - Commonly used for modeling binary response data. The response variable is a binary variable, and thus, not normally distributed. 
 
In logistic regression, we model the probability of a success, not the response variable. In this model, we do not have an error term 
 
g-function - We link the probability of success to the predicting variables using the g link function. The g function is the s-shape function that models the probability of success with respect to the predict...
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