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Let x be a binomial random variable with n = 15 and p = 0.20.
Calculate P(x 4) using the binomial formula.
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Calculate P(x 4) using the cumulative binomial probabilities table in Appendix I of your book.
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Are the results of your two previous answers very different, or very similar?
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Calculate the mean of the random variable x.
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Calculate the standard deviation of the random variable x.
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Fill in the table below:
Are the results consistent with Tchebysheff's Theorem?
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With the Empirical Rule?
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Least Squares Regression
A statistical method for estimating the relationship between variables by minimizing the squares of the differences between observed and predicted values.
Relationship
A connection, association, or involvement between two or more variables or entities.
Standard Error
The standard deviation of the sampling distribution of a statistic, most commonly the mean.
Regression Slope
Indicates the steepness and direction of the linear relationship between two variables on a regression plot.
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