Social networking sites for business professionals are used to promote one's business. Each social network involves interactions
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total possible connections. If that network has only 5 connections, the network density is 5/45 = .111. Sociologists at the University of Michigan assumed that the density x of social network would follow a uniform distribution between 0 and 1 (Social Networks, 2010).
a. On average, what is the density of a randomly selected social network?
b. What is the probability that the randomly selected network has a density higher than .7?
c. Consider a social network with only 2 members. Explain why the uniform model would not be a good approximation for the distribution of network density.
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Statistics For Business And Economics
ISBN: 9780321826237
12th Edition
Authors: James T. McClave, P. George Benson, Terry T Sincich
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