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Compute for 1000 replications the number of codons in a random DNA-sequence that occur before the first stop codon. Explain why you sometimes get the length -1 (if you do that).
Statistics and Probability, Statistics
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Kirk Inc. has come out with a new and improved product, and is expected to have an ROE of 14.4%. It will maintain a plowback ratio of 30%. Investors expect a 6.3% rate of return on the stock. (a) At what P/E ratio would ...
The local amateur football club spent ?$2289 on tickets to a professional football game. If the club bought 64 fewer fifteen dollar tickets than five dash eighths the number of twelve dollar ?tickets, how many tickets of ...
A study shows that 81% of the population of all calculus students consider calculus an exciting subject. Suppose 34 students are independently selected from the population. If the true percentage is really 81%, find the ...
A rainstorm in Portland, Oregon, wiped out the electricity in 10% of the households in the city. Suppose that a random sample of 70 Portland households is taken after the rainstorm. Estimate the number of households in t ...
"A Financial Planning Licensee striving for excellence in their fiduciary duty has decided to set a maximum limit of gearing for all client financial plans they construct." Comment on the merit of taking such an approach ...
You ask your roommate to mail a letter for you. Suppose there is a 0.21 probability your roommate will forget to mail it. Should your roommate mail your letter, there is a 0.9 probability that Canada Post will deliver t ...
A production system has two spares of a critical component that have average uptime 1/lamba = 1 month. Find the probability that the 3 components (the operating one and the two spares) will last more than 6 months. Assum ...
1) Approximately 20% of corporate workforce are not happy with their immediate bosses. Suppose 10 workers working in corporates are randomly selected. a) What is the probability that everybody of them is happy with his i ...
Blooper Industries must replace its magnoosium purification system. Quick & Dirty Systems sells a relatively cheap purification system for $15 million. The system will last 5 years. Do-It-Right sells a sturdier but more ...
The managers of a car store observe that 70% of all the cars they sell are bought by people who already own a car. They also observe that 50% of the customers who come to the store but do not buy a car, already own one. ...
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