The computer systems department has 8 faculty, 6 are tenured. A committee is formed of 3 faculty members. If members are submitted at random: - What is the probability all members of the committee are tenured? - What is ...
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Military often provides a form of qualification test for people to enter special career fields. Suppose that a large number of people have taken a test for a certain career field. Suppose that the mean of all people taki ...
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A firm requires an investment of $18,000 and will return $26,000 after one year. If the firm borrows $10,000 at 8% what is the return on levered equity?
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In a sample of 12 kids, their mean time on the internet on the phone was 3.9 hours with a standard deviation of 0.7 hours. Which distribution would be most appropriate to use?
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For the dataset 38, 39, 41, 42, 42, 43, 43, 45, 45, 47, 50, 50, 51, 51, 53, 54 Without doing any calculations, estimate which of the following numbers is closest to the mean.
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Given that X is binomially distributed with n = 36, and p = 0.33, use the normal approximation to the binomial (with correction for continuity) to estimate the probability that X is less than 14? Round your answer to 2 p ...
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1) Suppose a? seven-year, $1,000 bond with a 7.9% coupon rate and semiannual coupons is trading with a yield to maturity of 6.66 % i. Is this bond currently trading at a? discount, at? par, or at a? premium? Explain. ? ...
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Let A and B be two events where P(A) = 0.48, P(B) = 0.22, and P(BC|AC) = 0.91. What is the probability of A or B (a union b)?
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Two candidates face each other in an election. The Democratic candidate is supported by 58% of the population, and the Republican candidate is supported by 42%. In other words, if you randomly chose a voter and asked the ...
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Suppose that a certain college class contains 55 students. Of these, 31 are sophomores, 28 are history majors, and 6 are neither. A student is selected at random from the class. (a) What is the probability that the stude ...
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