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A test consists of 100 multiple choice questions, each with five possible answers, only one of which is correct. Find the man and the standard deviation of the number of correct answers. Explain answer
Statistics and Probability, Statistics
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You have just received a windfall from an investment you made in a? friend's business. She will be paying you$37,748 at the end of this? year, $75,496 at the end of next? year, and $113,244 at the end of the year after t ...
Next time you see an elderly man, check out his nose and ears! While most parts of the human body stop growing as we reach adulthood, studies show that noses and ears continue to grow larger throughout our lifetime. In o ...
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 ...
On average, there are 30% of defects per square foot of photographic paper. Assume independence. We examine 100 sheets of photographic paper. Find the probability of 0 defects in one sheet.
You have a bag with three fair dice. One is 4-sided, one is 6-sided, and one is 12-sided. You reach into the bag, pick one die at random, and roll it. The outcome of the roll is 4. What is the probability that you rolled ...
Determine the operating cash flow? (OCF) for? Kleczka, LLC., based on the following data. During the year the firm had sales of $2,548,000?, cost of goods sold totaled $1,802,000?, operating expenses totaled $320,000?, a ...
We would like to estimate the true average age of customers for a particular company. How large would the sample size need to be for the margin of error (based on 95% confidence) to be 1 year? Suppose that, based on prev ...
Last year a technology company bought one million in shares of a GM stock at €40 per share and sold it one year later at €50. The spot exchange rate one year ago was $1.40 = €1 and the spot rate prevailing at the end of ...
How do you solve the following problem: Consider the experiment of drawing two cards from a deck in which all picture cards have been removed and adding their values with ace = 1. What is the probability of obtaining a t ...
In this question are you just using the empirical rule? You know that your population is normally distributed with a mean of 100 and a standard deviation of 15. Using the empirical rule as a rough approximation, what is ...
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