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What is value of zas per area under normal curve for given confidence level 95.5 percent?
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How is probability related to the area under the normal curve?
The Normal curve is a graph of the probability density function of the standard normal distribution and, as is the case with any continuous random variable (RV), the probability that the RV takes a value in a given range is given by the integral of the function between the two limits. In other words, it is the area under the curve between those two values.
If you are given the equation of an normal sine curve how would you determine its period?
a normal sine curve exists with the formula Asin(Bx+C)+D. The formula to derive a phase shift would be such: 2pi/B (for whatever value B exists at). Thus, for a normal sine curve (sin(x) we would get 2pi/1, and arrive at 2pi for the period.
Because of the law of demand the demand curve always slopes?
given that the demand curve is for a normal good then this is the case as prices increase people will be willing to consume less of the good. If the good is a giffen good then this will not be the case an in fact the demand curve may either remain straight or will curve upwards as prices increase.
What is an asymptote?
An asymptote is a line or curve that approaches a given curve arbitrarily closely.
A body weight that exceeds 100 percent of the normal standard for a given height is called?
morbidly obese
Is in the normal distribution the total area beneath the curve represent the probability for all possible outcomes for a given event?
Yes. The total area under any probability distribution curve is always the probability of all possible outcomes - which is 1.
A curve showing the relationship between temperature and time for a given amount of liquid heated a constant rate is a what curve?
The curve showing the relationship between temperature and time for a given amount of liquid heated at a constant rate is called a "heating curve." This curve is mapped out on a graph.
What is a closed curve with all points on the curve an equal distance from a given point?
circle
When comparing the 95 percent confidence and prediction intervals for a given regression analysis what is the relation between confidence and prediction interval?
Confidence interval considers the entire data series to fix the band width with mean and standard deviation considers the present data where as prediction interval is for independent value and for future values.
What is a slope line?
is it a line that is slanted
What is a curve showing the relationship between temperature and time for a given amount of liquid heated at a constant rate?
The curve showing the relationship between temperature and time for a given amount of liquid heated at a constant rate is called a "heating curve." This curve is mapped out on a graph.
Why monopoly has no suply curve?
Monopoly has no supply curve because the monopolist does not take price as given, but set both price and quantity from the demand curve.
