Probability

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    In this study, the poll conducted by Selzer & Company was used. The poll was conducted between the dates March 19-22, 2016. The title was International Trade / Global Economy. The poll aimed at seeking opinions of the people of Bloomberg on the issue of restricting the importation of goods into the country. This is an interesting poll because it touches the political and socio-economic structures that a nation is built on. The study also revealed the general opinion of the public about what…

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    Based on the marriage statistics collected by the U.S. Census Bureau, it shows that there was a major decline in marriage, due to people currently view marriage as a sign of “prestige rather than conformity” (Seccombe p.226). That is, most of the individuals are more likely to finish their education, get a job, and likely focus on savings first before they jump into the marriage; and so, there was just approximately 52% couples in the United States aged 15 and over who are married in 2009; it…

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    TVP-VAR Case Study

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    similar effect as the remittance shock in 1980. The positive remittance shock in 2004 (Fig. 4 (iv)) has a short-run negative effect on savings, while in long-run the impact is insignificant. As shown in Table 2, the results of the posterior probability for the difference in the impulse response of savings to remittance outflows shock indicate that the difference in the impulse response between 1980 and 1991 is weaker, while that between 1980 and 2004, 1991 and 2004 are milder. 6. Conclusion…

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    Social Pandemics

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    Humans tend to talk about anything that comes to mind, and so the more often that individuals talk about an idea or commodity the higher the probability that these products will stick in the minds of consumers (Berger 23). Ideas, behaviors, and products that are intrinsically related to triggers that individuals encounter on a routine basis have a higher probability of being brought to mind that other unrelated things. Therefore, increasing the chances of triggering a certain behavior is…

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    Low Income Inequality

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    However, when it comes to public housing, living environments are usually impoverished. Characteristics of living environments include: a whole family living in one bedroom, shared bathrooms with other families, filthy street environments, increased probabilities of crimes, etc. It had not occurred to me previously that such environments could have a toll on one’s health. Such living environments creates stress and produces an allopathic load for families living in these neighborhoods. Watching…

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    M & M's Queuing System

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    medical personnel. 8. The service rate of the doctors is independent of the length of the queue. The method that they used in this study is the M/M/S Queuing Model . It is assumed that in this model that the arrival of the patients are in poisson probability distribution and in a first-come, first-served basis by any of the doctors. To assess and define the optimum number of doctors in the system, the service cost and waiting time cost of the costumers must be taken into consideration TORA…

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    They use probability theory to construct the sample and statistical method to estimate the level of generalization (Sarandakos, 2013). Based on the research question above, quantitative researcher would use probability samples to construct their hypothesis samples selectively. Naturalistic generalization will seek to generate possibilities for transferring knowledge…

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    Daniel Bernoulli Essay

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    published his first mathematical work, Mathematical exercises in 1724. It consisted of four parts all, of which Bernoulli found interesting while in Venice. The first part is of little importance and only showed that Bernoulli was learning about probability. The second part was the flow of water from a hole in a container and talked about Newton’s theories which were wrong. This shows that Bernoulli was interested in pressure and had not yet solved the problem of it yet, but was heading in the…

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    high school, I suffered from a disease called pneumothorax(PSP)’ which has a very rare probability to occur in my lung. According to the doctor, “if the symptoms occur, you must go to the hospital promptly and you must be treated promptly.”, “If the symptoms are severe, you will die.” because there was no precise cause or preventive measure, the doctor had a negative opinion about surgery. Although the probability of a recurrence of pneumothorax was over 80%, I had…

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    Distance To Crime

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    Article 1: Age and the distance to crime. 1) In the Age and the distance to crime study, research is conducted to examine if the distance to crime varies by age, and if the distance to crime varies across different crime classifications. According to the authors, three proposals are made that suggest young offenders travel a short distance to crime that increases during adolescence; the distance to crime peaks in early adulthood and decreases as age continues to increase; and strength of…

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