The normal distribution is a family of distributions that is often used to model business processes....

The normal distribution is a family of distributions that is often used to model business processes. Based on your readings for this module, give one example, different from those supplied in the overview, of how the normal distribution can be used in a working environment. This example may be from your own experience. Be sure to explain how the normal distribution is used in the example you provide. In responding to your peers, select responses that use a normal distribution in a scenario that is different from your own. Do you agree with the use of a normal distribution in those examples? Support your claim.

Expert Solution

orchestra answered 2 years ago

A member of the Pareto family of distributions (often used in economics to model income distributions) has a distribution function given by

A member of the Pareto family of distributions (often used in economics to model income distributions) has a distribution function given byMath output errorF ( y ) = \left\{ \begin{array} { l l } { 0 , } & { y < \beta } \\ { 1 - \left( \frac { \beta } { y } \right) ^ { \alpha } , } & { y \geq \beta } \end{array} \right.F(y)={0,1−(yβ)α,y 0α,β>0. Find the density function.

Mean and Variance of: continuous uniform distribution, normal distribution, normal approximation for binomial and Poisson distributions,...

Mean and Variance of: continuous uniform distribution, normal distribution, normal approximation for binomial and Poisson distributions, exponential distribution. and Continuous random variables Cumulative Distribution Function. In your own words summarize the above in three to five long sentences

Prove that the Poisson distribution is in the exponential family of probability distributions given that the...

Prove that the Poisson distribution is in the exponential family of probability distributions given that the Poisson parameter is positive

1. The t-distribution is actually a family of _ distributions that are __. A) theoretical; approximately...

1. The t-distribution is actually a family of _______________ distributions that are ________________. A) theoretical; approximately normal B) empirical; slightly skewed relative to normal C) theoretical; normally distributed D) hypothetical; leptokurtic E) empirical; symmetrical 2. If you were to conduct an analysis to test the difference between sample means obtained in a repeated measures design, which of the following would be most appropriate? A) a correlated groups t-test. B) a one sample t-test. C) an independent groups t-test. D) a...

Normal Probability Distributions The normal distribution is the mathematical consequence of adding up a large number...

Normal Probability Distributions The normal distribution is the mathematical consequence of adding up a large number of random events. Some examples of normal distributions in the natural world (e.g., mass of ants) and social world (age of marathon runners) and explained in terms of these phenomena resulting from the aggregation of random events. Excluding the examples above, find other natural or social phenomena that are examples of normal distributions. How do you know these are examples of a normal distribution...

Use the Internet to research the following distributions. Uniform Distribution Normal Distribution (Bell-Shaped Distribution) Skewed Distribution...

Use the Internet to research the following distributions. Uniform Distribution Normal Distribution (Bell-Shaped Distribution) Skewed Distribution Bimodal Distribution Identify and describe properties associated with each distribution

1.the distribution of the processes are different though they have same finite dimensional distributions give a...

1.the distribution of the processes are different though they have same finite dimensional distributions give a example Let {Xn : n ≥ 0} denote the random walk on 9 cycle. Express it as a random walk on a group (G, ·) with transition probabilities given by pxy = µ(y · x −1 ) for an appropriate distribution µ on G.

Besides the normal distribution, which of the following distributions will R recognize? all of the above...

Besides the normal distribution, which of the following distributions will R recognize? all of the above Binomial Distribution T-distribution Uniform Distribution

For the following binomial distributions, determine if you can approximate with a normal distribution. Then, find...

For the following binomial distributions, determine if you can approximate with a normal distribution. Then, find the given probabilities. a) A survey of US adults found that 55% are familiar with the Geneva Conventions and international humanitarian law. You randomly select 40 US adults and ask them whether they are familiar with the Geneva Conventions and international humanitarian law. Find the probability that between 18 and 25, inclusive, are familiar with the Geneva Conventions and international humanitarian law. Can you...

Distributions: List the characteristics of a normal distribution. The weights of baby boys at six months...

Distributions: List the characteristics of a normal distribution. The weights of baby boys at six months is normally distributed with a mean of 17.25 lbs. and a standard deviation of 2.0 lbs. By an age of twelve months, the mean increases to 22.50 lbs. and the standard deviation is 2.2 lbs. Which age group has the wider distribution? What percentage of the twelve-month old boys weigh more than 26.9 lbs.? What percentage of six-month old boys weigh between 15.25 lbs....

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