Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A college admissions Office was looking through records of students from the past 5 years and found that out-of-state students had more volunteer hours then in-state students. The distributions of both groups were roughly normal Where the hours for in-state students were distributed with a mean of 85 hours and a standard deviation of 15 hours while they're out-of-state students had a mean of 130 hours and a standard deviation of 30 hours. 70% of students who attend this college are in-state students

a. For a randomly selected in-state student, what is the probability that they have more than 100 volunteer hours?

b. For a randomly selected student from the college, what is the probability that they have more than 100 volunteer hours?

c. Given that a student has more than 100 volunteer hours, what is the probability that the student is out-of-state?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92780467
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Let timco use a capital structure that is 35 debt and 65

Let Timco use a capital structure that is 35% debt and 65% equity, The firm can borrow at 6%. The tax rate is 40%. Let the firm beta be 1.9, the market return 14%, and the risk free rate 2%. Find the WACC.

What is the future value of a 1000 annuity payment over 4

What is the future value of a $1,000 annuity payment over 4 years if the interest rates are 8 percent?

Follow up -lock box systems or regional collection

Follow Up -Lock Box Systems or Regional Collection Centers One way a business can speed up collections is Lock Box Systems or Regional Collection Centers. Explain how these can be used to speed up collections.

Suppose we can only sample from uniform distribution 01

Suppose we can only sample from Uniform distribution (0,1) with k=3. Design an algorithm to simulate chi-square distribution with 2k freedom via general transformation method.

You buy a mutual fund for 1000 it annually distributes 60

You buy a mutual fund for $1,000. It annually distributes $60 for seven years, after which you sell the shares for $775. What is the annualized return on your investment? Use Appendix B and Appendix D to answer the quest ...

Dave and ellen are newly married and living in their first

Dave and Ellen are newly married and living in their first house. The yearly premium on their homeowner's insurance policy is $400 for the coverage they need. Their insurance company offers a discount of 8 percent if the ...

The assessment of the allocation of profits and losses is

The assessment of the allocation of profits and losses is one of the three key areas in which process?

This table summarizes the results from alongtermrandomized

This table summarizes the results from along+termrandomized clinicaltrial to  determine whether aspirin reduces the risk of heart attack. Researchers  randomly assigned a large sample of healthy male physicians (22,071) ...

Loking for guidancea normal population has a mean of mu

Looking for guidance: A normal population has a mean of μ = 100. A sample of N = 36 is selected from the population, and a treatment is administered to the sample. After treatment, the sample mean is computed to be = 106 ...

According to the current results website the state of

According to the Current Results website, the state of California has a mean annual rainfall of 21 inches, whereas the state of New York has a mean annual rainfall of 55 inches. Assume that the standard deviation for bot ...

  • 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