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Aura193 Aura193
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7 years ago
The equation used to calculate binomial probabilities relies on permutations of n objects selected x at a time.
 
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Q. 2

A car dealership performs a credit check on a potential customer. According to the credit bureau, the customer's credit score is 710. This is an example of ________ data.
 
  A) nominal
  B) ordinal
  C) interval
  D) ratio

Q. 3

The percentile rank identifies the percentile of a particular value within a set of data.
 
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Q. 4

The time between customer arrivals is a common application for the uniform probability distribution.
 
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Q. 5

An exponential probability distribution allows us to calculate the probability of a specific number of successes for a certain number of trials.
 
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Textbook 
Business Statistics

Business Statistics


Edition: 2nd
Author:
Read 260 times
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BehueyBehuey
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7 years ago
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Aura193 Author
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7 years ago
Such a godsend, you helped me and my friend big time
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