Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1.There is a bag with 62 balls. 31 are blue and 31 are red. In 20 pulls from the bag, 20 balls are red. What is the probability with replacement that the 21st pull will be red?

a).5000

b).2500

c).000000477

d).03125

e) none of the above

2.The lengths of time bank customers must wait for a teller are normally distributed, with a mean of 3 minutes and a standard deviation of 1 minute.

A. What proportion of bank customers waits between 3 and 4 minutes

B.  What percentage wait more than 4 minutes?

C. What proportion waits between 1 and 3 minutes?

D. What percentage wait less than 1 minute?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92695682
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

A study was conducted concerning the use of glvoes among

A study was conducted concerning the use of glvoes among the nurses with 15 years or more experience. The study showed that only 1/6 of these nurses wear gloves during vascular access procedures. For a sample n=36 nurses ...

A random sample of 18 eighth grade students scores on a

A random sample of 18 eighth grade? students' scores on a national mathematics assessment test has a mean score of 269. This test result prompts a state school administrator to declare that the mean score for the? state' ...

A coin is biased so that the probability of obtaining heads

A coin is biased so that the probability of obtaining heads is ¾, What is the probability of obtaining at least three heads in four tosses of the coin?

A fish tank in a pet store has 23 fish in it 11 are orange

A fish tank in a pet store has 23 fish in it. 11 are orange and 12 are white. Determine the probability that if we select 4 fish from the tank, at least 2 will be white.

If the coefficient of determination is 0738 what percentage

If the coefficient of determination is 0.738, what percentage of the data about the regression line is unexplained?

A nutritional scientist wishes to study the effect of

A nutritional scientist wishes to study the effect of storage time on the amount of vitamin C (milligrams) contained in 50 gram freeze dried fruit packs when stored for one, one and a half and 2 years. Five fruit packs w ...

Te height of woman ages 20-29 is normally distributed

The height of woman ages 20-29 is normally distributed , with a mean of 64.3 inches. assuming the standard diviation = 2.4 inches. are you more likely to randomly select 1 woman with a height less than 66.2 inches or are ...

Why has libor played such a central role in international

Why has LIBOR played such a central role in international business and financial contracts? Why has this been questioned in recent debates over its value reported?

Annbspe-commerce web site claims thatnbsp8nbspof people who

An? e-commerce Web site claims that 8?% of people who visit the site make a purchase. Complete parts a through e below based on a random sample of 15 people who visited the Web site. a.  What is the probability that none ...

Please let me know what are the steps involved in computing

Please let me know what are the steps involved in computing the future value when you have multiple cash flows.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As