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A carnival has a game of chance: a fair coin is tossed. If it lands heads you win $1.00 and if it lands tails you lose 50 cents. How much should a ticket to play this game cost if the carnival wants to break even?
Statistics and Probability, Statistics
There are 20 total socks, 10 white and 10 black. This makes 10 total matching pairs of 5 pair of white and 5 pair of black. If each time you pick a sock from the drawer a sock just like it magically replaces it, what is ...
A student recieves the grades shown below, with an A worth 4 points, a B worth 3 points, a C worth 2 points, and a D worth 1 point. What is the students grade point average? A in 1 four - credit classes C in 1 three - cr ...
You work as a purchasing manger at walter Pharmaceuticals. Yor currnet suppliers of raw materials has an average delivery time of 14 days. Another vendor approaches you and says that they can match your current vendors's ...
You want to you want to estimate the mean weight of quarters in circulation. A sample of 30 quarters has a mean weight of 5.649 grams in a standard deviation of 0.066 gram. Use a single value to estimate the mean weight ...
Thirty percent of the managers in a certain company have MBA degrees as well as professional training. Eighty percent of all managers in the firm have professional training. If a manager is randomly chosen and found to h ...
A sample of 175 randomly selected students, found that the proportion of students planning to travel home for thanksgiving is 0.64 What is the standard deviation of the sampling distribution.
A study indicates that the weights of adults are normally distributed with a mean of 140 lbs and a standard deviation of 25 lbs. Find a value of weight x such that only 20% of adults weigh less than that. A. 136 B.190 ...
A researcher is interested in learning more about the protective effects of exercise. He conducts a study where he collects information about stress levels (measured on a multi-item Likert scale) and hours of exercise co ...
A comitttee of 3 persons is selected at random from a group of 5 mathematicians and 8 physicists. What is the probability that one is a mathematician
Calculating this answer for my Statistics class: A hockey team conceded 18 goals on average per season. What is the probability that the team concedes 10 goals? This was my answer and it was incorrect, so I want to know ...
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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 coupon bonds. Under what conditions will a coupon bond sell at a p
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 $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 for 19 years, given a discount rate of 6 percent per annum. As