Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Statistics


Home >> Statistics and Probability

An advertisement for Cold-Ex claims an 80 percent end-of-treatment clinical success rate for the treatment of flu. Twelve flu patients are given Cold-Ex and are later checked to see if the treatment was successful. Let's assume that the claim is correct. Find the probability that: 1. Exactly 8 have been cured

2. At least 10 have been cured

3. Fewer than 5 have been cured

4. Between 6 and 9 (including 6 and 9) have been cured.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91041324

Have any Question?


Related Questions in Statistics and Probability

Suppose a life insurance company sells a 230000 one-year

Suppose a life insurance company sells a $230,000 ?one-year term life insurance policy to a 20?-year-old female for ?$330. The probability that the female survives the year is 0.999642. Compute and interpret the expected ...

How does a market-maker decide the edge offset required to

How does a market-maker decide the edge (offset) required to perform an options trade? Explain why this edge would be different for options of different strikes as well as for option combinations?

Calculate cash inflow or outflow from operating activities

Calculate cash inflow or outflow from operating activities given the following information: Net loss - $12,000; depreciation expense $3,000; increase in AR $1,250; decrease in inventory $900; increase in AP $760.

Question the probability a beginning golfer makes a good

Question: The probability a beginning golfer makes a good shot if he selects the correct club is 1/3. The probability the shot is good with the wrong club is 1/5. In his bag are four different clubs, only one of which is ...

In families with four children youre interested in the

In families with four children, you're interested in the probabilities for the different possible numbers of girls in a family. Using theoretical probability (assume girls and boys are equally likely), compile a five-col ...

Suppose the timing device used in the mens race failed to

Suppose the timing device used in the men's race failed to activate at the start of the race and instead began to record the times seconds into the race. Consider how the competitors' times would be affected. Would the s ...

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 intermediate calculations. Round your answer to 2 decimal places.)

What statistic was calculated to determine differences

What statistic was calculated to determine differences between the intervention and control groups for the lumbar and femur neck BMDs? Were the groups significantly different for BMDs?

The number of people arriving for treatment at an emergency

The number of people arriving for treatment at an emergency room can be modeled by a Poisson process with a mean of 7 people per hour. How many people do you expect to arrive during a 55-minute period?

Marys parents decided to buy a new house for their

Mary's parents decided to buy a new house for their retirement. They are looking at $200,000 lake house. Since their credit history is excellent, they can get approved for 3.6% annual interest on 30-year mortgage. In the ...

  • 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

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved