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8 students take a test with a standard mean of 281 and a deviation of 34.4 scores range from 0 to 500 with a normal distribution what is the lowest score that would still place them in the top 5%.
Statistics and Probability, Statistics
"A Financial Planning Licensee striving for excellence in their fiduciary duty has decided to set a maximum limit of gearing for all client financial plans they construct." Comment on the merit of taking such an approach ...
Let random variable x represent the number of heads when a fair coin is tossed two times. (a) Construct a table describing the probability distribution. x P(x) 0 1 2 (b) Determine the mean and standard deviation o ...
A process is normally distributed with a mean of 104 rotations per minute and a standard deviation of 8.2 rotations per minute. If a randomly selected minute has 128 rotations per minute, would the process be considered ...
Ages of CEOs of companies throughout the United States, and answer the questions that follow. Event A : CEO is under 40 Event B : CEO is at least 30 Event C : CEO is in his or her 50s Event D : CEO is under 60 1. Even ...
The following data represents rain fall (x) and yield of paddy per hectare (y) in a particular area. X 113 102 95 120 140 130 125 Y 1.8 1.5 1.3 1.9 1.1 2.0 1.7 Fit the regression equation x and y. Estimate Y when x= 145. ...
Based on labor? statistics,17% of workers in a particular profession are female. Complete parts a through e below based on a random sample of 8 workers in this profession. a. What is the probability that exactly one work ...
Net present value: Riggs Corp. management is planning to spend $650,000 on a new- marketing campaign. They believe that this action will result in additional cash flows of $325,000 over the next three years. If the disc ...
Stocks A, B, and C have expected returns of 12 percent, 12 percent, and 10 percent, respectively, while their standard deviations are 42 percent, 30 percent, and 30 percent, respectively. If you were considering the purc ...
Let X be a normally distributed random variable with μ = 100 and σ = 10. Find the probability that X is between 80 and 105. (Round your answer to the nearest whole number percent and include the percent symbol.)
According to an article in the American Heart Association's publication Circulation, 24% of patients who had been hospitalized for an acute myocardial infarction, did not fill their cardiac medication by the seventh day ...
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