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Exploring Coefficients and Distributions

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Added on  2019/10/16

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Summary: The assignment content involves various statistical tasks. As the manager of Holmes Hounds Big Bash League cricket team, we are asked to find the probability that a randomly chosen player will be from Holmes or receiving Grassroots training, and the probability that a player is external and in scientific training. We also have to determine whether training is independent from recruitment. Furthermore, we need to calculate the coefficient of determination. Then, as an investment manager for a hedge fund, we are asked to calculate the probability that an apartment will sell for over $2 million or between $1 million and $1.1 million. Additionally, we have to decide whether we can use a Z-distribution to test our assistant's research findings against ours. Finally, we need to find the probability that at least 30% of investors would be willing to commit $1 million or more to the fund.

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