https://github.com/shwetapardhi/assignment-2-set-2-q5-basic-statistic-level-2
Consider a company that has two different divisions. The annual profits from the two divisions are independent and have distributions Profit1 ~ N(5, 3^2) and Profit2 ~ N(7, 4^2) respectively. Both the profits are in $ Million. Answer the following questions about the total profit of the company in Rupees. Assume that $1 = Rs. 45 A. Specify a Rupee
https://github.com/shwetapardhi/assignment-2-set-2-q5-basic-statistic-level-2
cdf mean percentile probability python range scipy standard-deviation stats variense
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Consider a company that has two different divisions. The annual profits from the two divisions are independent and have distributions Profit1 ~ N(5, 3^2) and Profit2 ~ N(7, 4^2) respectively. Both the profits are in $ Million. Answer the following questions about the total profit of the company in Rupees. Assume that $1 = Rs. 45 A. Specify a Rupee
- Host: GitHub
- URL: https://github.com/shwetapardhi/assignment-2-set-2-q5-basic-statistic-level-2
- Owner: shwetapardhi
- Created: 2024-05-05T21:27:32.000Z (over 1 year ago)
- Default Branch: main
- Last Pushed: 2024-05-05T21:29:05.000Z (over 1 year ago)
- Last Synced: 2025-01-10T09:18:00.751Z (9 months ago)
- Topics: cdf, mean, percentile, probability, python, range, scipy, standard-deviation, stats, variense
- Language: Jupyter Notebook
- Homepage:
- Size: 3.91 KB
- Stars: 0
- Watchers: 1
- Forks: 0
- Open Issues: 0
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- Readme: README.md
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Consider a company that has two different divisions. The annual profits from the two divisions are independent and have distributions Profit1 ~ N(5, 3^2) and Profit2 ~ N(7, 4^2) respectively. Both the profits are in $ Million. Answer the following questions about the total profit of the company in Rupees. Assume that $1 = Rs. 45 A. Specify a Rupee range (centered on the mean) such that it contains 95% probability for the annual profit of the company. B. Specify the 5th percentile of profit (in Rupees) for the company C. Which of the two divisions has a larger probability of making a loss in a given year?# Assignment-2-set-2-Q5-Basic-Statistic-Level-2