Probability Analysis Of Business Occurrences: A Case Study In Statistical Calculations

Download this Homework Solution for a case study in probability analysis of business occurrences.

Amelia Davis

Contributor

4.5

7 months ago

Preview (2 of 2 Pages)

100%

Purchase to unlock

Probability Analysis Of Business Occurrences: A Case Study In Statistical Calculations - Page 1 preview image

Loading page ...

Probability Analysis of Business Occurrences: A Case Study in StatisticalCalculationsPlease find the solution to the below problem show all worka)In the case of the two points conversion the expected value is :2∗51.2%=1.024points/attemptIn the case of extra point kicks the expected value is :1∗94%=0.94points/attemptb)Over the long run, considering the statistics given for the first 10 games of the 2004 NFL season,the two point conversion is a better wayto maximize the number of points score than the extrapoint kicks.Please answer question 26 show all work26. We needto find theprobability of “0 business”, “1 business” and “2 businesses” and add them :0 business :(1−0.56)8=0.448=0.0014

Report

Study Now!

XY-Copilot AI

Unlimited Access

Secure Payment

Instant Access

24/7 Support

Document Chat

Document Details

Subject

Statistics

Related Documents

View all

Solved Assignments

The Statistics of Inheritance

Explore how inheritance follows predictable patterns using Punnett squares and probability. This helps explain how traits pass from parents to offspring, aiding our understanding of genetics, variation, and evolution in species.

Class Notes

Estimation and Hypothesis Testing

Learn about Two-Way ANOVA, a statistical method to analyze the effects of two independent variables on one dependent variable. Understand main and interaction effects, assumptions, and how it differs from one-way ANOVA in factorial designs.

Solved Assignments