Discipline: Mathematics - Probability

week 1 discussionweek 1 discussion

  A measure of central location is a numerical measure of center that describes a data set while a measure of dispersion is a non-negative value that describes the variability in a data set. For this week’s discussion, answer the questions below.  Population parameters or population characteristics can be estimated by taking representative samples of […]

Statistics probabilityStatistics probability

Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean annual salary for graduates 10 years after graduation is 147000 dollars. Assume the standard deviation is 35000 dollars. Suppose you take a simple random sample of 61 graduates. Find the probability that a single […]

Daniel BernoulliDaniel Bernoulli

 Research some popular games of chance that Daniel Bernoulli would have studied. Be prepared to explain the expected outcomes of these games and how this relates to the study of Probability. Find at least 2-3 different sources of information. 2. Create a new Microsoft Word (.doc / .docx) or Rich Text Format (.rtf) document on your computer, […]

Math 118Math 118

  1.) Read the following article: National Safety Council. (2013). https://www.nrc.gov/docs/ML1409/ML14092A556.pdf 2.) Post one initial response of at least 150 words but not more than 350 words responding to the following. First, did any of the probabilities surprise you in the article? Be specific and expound on your answer. Also, determine the probability that in […]