Given That X Is a Hypergeometric Random Variable with N

question 28

Multiple Choice

Given that x is a hypergeometric random variable with N = 8, n = 4, and r = 3, compute the variance of x.

• A).732
• B).469
• C).700
• D).538

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Definitions:

Alpha

A parameter in statistical hypothesis testing representing the probability of rejecting the null hypothesis when it is actually true (Type I error).

Power of the Test

The probability that a statistical test will reject a false null hypothesis, indicating the test's ability to detect an effect if there is one.

Unemployment Rate

The percentage of job-seekers within the labor force who do not currently have employment.

Random Sample

A subset of individuals chosen from a larger set, where each individual has an equal probability of being chosen.