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A theater owner has found that 5% of patrons do not show up for the performance that they purchased tickets for. If the theater has 100 seats, find the probability that 6 or more patrons will not show up for the sold-out performance.
Statistics and Probability, Statistics
Assignment - A dashboard-type report for the case study. You may use Excel or Tableau. The data analysis should be improved from Assignment 1 based on the feedback received and further tools and techniques you learnt in ...
What is the maximum that should be invested in a project at time zero if the inflows are estimated at $10,000 annually for three years, and the cost of capital is 9%?
How much of the opposing side should you share in a presentation to a multiple-perspective audience, and what techniques would you use?
a) Watters Umbrella Corp. issued 12-year bonds 2 years ago at a coupon rate of 7.8 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM? (Write down the ...
A basket contains 5 bananas and 5 apples. Each of ten people picks two fruits at random from the basket without replacement. (a) What is the probability that the first people picks one apple and one banana? (b) What is t ...
Hayley Motorcycle Company just paid a dividend of $1.4 today, and is expected to pay a dividend in year 1 of $1.8, a dividend in year 2 of $2.3, a dividend in year 3 of $2.9, and a dividend in year 4 of $3.8. After year ...
Data are collected on the relationship between the number of hours per week practicing a musical instrument and scores on a math test. The line of best fit is as follows: y = 72.5 + 2.8x. What would you predict the score ...
To finance additional inventory, Arbutus Ltd. is considering forgoing the cash discount on all of its purchases presently offered on terms of 2/10, net 45. No payments will be stretched. Annual purchases are $9.21 millio ...
A logging truck sales representative will phone either one or two potential buyers per day with probabilities of 0.25 and 0.75, respectively. Each contact will result in either no sale or a $75,000 sale with probabilitie ...
In 1896, the first U.S. Open Golf Championship was held. The winner's prize money was $160. In 2012, the winner's check was $1,360,000. Requirement 1: What was the annual percentage increase in the winner's check over th ...
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