I’m studying and need help with a Statistics question to help me learn.
In this assignment, you will provide a plain language explanation of the
primary concepts of this topic and the types of probability
distributions that may be used for it. In addition, you will provide
examples of how your field would apply each of these probability
calculations in your field to predict or present issues in and around
Use ONLY words (no formulas, no equations, and no symbols) to answer the following questions:
a. What limitations are there in using this approach to probability prediction?
b. What type of data do you need?
2. Define Expected Value in words only.
For the following 3 types of
distributions explain in words (no formulas, no equations, and no
symbols) a)what they model and b) what the given elements are for each
(i.e. event, sample, conditional/independent). c) Then provide one
example from your field *of how they could be applied (you may use
sources but must have more than one, you may not quote them, and you
must cite them):
5. Negative Binomial
6. How does the Bernoulli random variable relate to the binomial and negative binomial distributions?
* Think of the applications in your field as starting points for
your group project case research. You may start developing that as
early as you like. However, each group member must have a different
case to present.
the field is mechanical engineering please include examples from the field