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A game is played using one die if the die is rolled and shows 4 the player wins 20 if the die shows anything else he looses if there is a 4 dollor charge to play the game what is the games expected value
Statistics and Probability, Statistics
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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.
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Can someone explain this to me? Or draw it out so that I can understand. You may see a problem like the following: a mean score of 20 and SD of 3, and asked what percentage of cases will be between 17 and 23, you would r ...
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A company that manufactures gasoline station pumps must ensure that it pumps at least 1 gallon of gasoline 84% of the time. If the population of pump amounts for a particular pump is normally distributed with mean μ and ...
If you want to be 95?% confident of estimating the population mean to within a sampling error of ±25 and the standard deviation is assumed to be 125?, what sample size is? required?
Assume that 8% of people have AB blood. A hospital blood bank needs ABblood so the blood bank begins checking potential donors. Use this Excel file geometric probabilities (enable the macro after opening the file) or thi ...
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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
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