Part I
Question 1
We know that
Question 2
First, we notice that:
Now we need to find
Question 3
According to poisson distribution:
Question 4
First, we notice that:
Therefore, using the multiplication principle for independent events, the probability of this specific scenario is:
Question 5
Since any one of the
Question 6
We are asked what is
First, we notice that:
Therefore, assuming they are independent:
Question 7
The probabilities for each jersey being defective are different this time - we need to use hypergeometric distributions:
Therefore, assuming they are independent:
Part II
Question 8
We need to find
Question 9
Using a binomial distribution and our previous result:
Question 10
We denote:
- no fine. - small fine. - large fine.
We already found that for a single project
Furthermore:
Calculating the expected fine for each case and then summing them up yields:
The variance:
Which means:
Therefore, the expected fine for
And the variance:
Question 11
Using the previous answer and the standard normal curve:
Part III
Question 12
The confidence interval is:
Question 13
We know that
Question 14
Assuming
Question 15
The new confidence interval will be wider, as can be seen from the confidence interval definition.
Part IV
Question 16
Simply reading the table gives:
Question 17
For a
From the statistical output:
- Slope estimate
- Standard Error
- Degrees of freedom
- For
CI:
Therefore, the
Question 18
We would not expect the following to the variance of the points above and below the fitted line will be smaller
Part V
Question 19
According to error types, The null hypothesis will not be rejected and we might be making a Type II error.
Question 20
For this two-stage protocol, we need to find the overall Type I error rate.
Under
- We reject at Stage 1 (probability =
), OR - We fail to reject at Stage 1 AND reject at Stage 2
For Stage 2 to occur:
- Must first NOT reject at Stage 1: probability =
- Then reject at Stage 2: probability =
- Combined probability =
Overall Type I Error: