Statistics

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The waiting time until you find a parking spot in a busy parking lot has a skewed distribution with mean μμ= 3.25 minutes and standard deviation σσ= 1.1. If you visit this parking lot 38 times, what is the probability that the … Continued

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Taylor polynomial

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1- Consider f(x)=ln(1+x) a) Find the Taylor polynomial of degree three, p3(x), for f(x) centered at x 0=1. b) Maximize the absolute error bound for the Taylor polynomial approximation for 0.5≤x≤2. c) Calculate the absolute error at x =2. How … Continued

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Maths and Finance

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Q#1. Rational investors should not invest their entire money in a single stock regardless of how highly-recommended that stock is by professional financial analysts. Investors are better off investing their money in a diversified manner to cut down investment risk and … Continued

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Statistics Labs and quiz

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Over Due Labs and week 3 assignments In the Certify Labs you will work through problems on decision theory. You will detail the decision process into alternatives, states and estimate potential losses and gains with payoff values. Compiling this information … Continued

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