Two fair dice are rolled and the sum of the points is noted. Find the probability that the sum is 6 given that at least one of the numbers is less than 3.
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1) Suppose we want to see if American children have higher levels of cholesterol than the average child (i.e., in the entire world - the total population). We find that the population average for cholesterol for children ...
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DePaul University makes student IDs of length 5 characters by picking 2 letters from D,E,P,A,U,L; no repetitions and the order is not important followed by picking 3 digits from 0,1,2,3,4,5,6,7,8,9; no repetitions and th ...
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Bob Miller's long-term financial goal is to retire comfortably in 23 years at age 65. You have conducted a robust risk profile analysis on him and have determined that he is an aggressive investor. Miller insisted on all ...
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A logging contractor has three feller bunchers. On any given day, each machine has a 90% chance of working. The contractor is considering buying a fourth feller buncher to offset the possibility of none of the machines o ...
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In February 2017 the risk-free rate was 4.31 percent, the market risk premium was 6 percent, and the beta for Twitter stock was 1.58. What is the expected return that was consistent with the systematic risk associated wi ...
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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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A nutritional scientist wishes to study the effect of storage time on the amount of vitamin C (milligrams) contained in 50 gram freeze dried fruit packs when stored for one, one and a half and 2 years. Five fruit packs w ...
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Sharon recently invested in real estate with the intention of selling the property one year from today. She has modeled the returns on that investment based on three economic scenarios. She believes that if the economy s ...
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1. To investigate the ecological impact of parasite infections, scientists measured the distance that infected western fence lizards, Scelopons occidentalis , ran in two minutes against a control group of uninfected liz ...
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