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If voter #1 voted (A, B, C, D, E) with A as the most favorable and E the least favorable, and voter #2 voted (B, C, A, E, D), what is the Spearman's Footrule distance between the two votes? What is the Kendall's tau distance?
Statistics and Probability, Statistics
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Given that X is binomially distributed with n = 36, and p = 0.33, use the normal approximation to the binomial (with correction for continuity) to estimate the probability that X is less than 14? Round your answer to 2 p ...
A survey reported that 80% of college students had access to a tablet. In a sample of 200 college students, find the probability that more than 170 had access to a tablet.
1. Suppose that in the game of AFL the mean total number of points per match is 185 with a standard deviation of 33. Suppose that a season involves 202 matches. If the total points are normally distributed then answer th ...
Assumes the following probability" P(customer make a purchase) = 0.300 P(Customer does not make a purchase) = 1-0.300 Compute the P(1purchase) and enter your answer in 3 decimal places.
Translate the statement into a confidence interval for p. Approximate the level of confidence. In a survey of 1000 U.S. adults, 19% are concerned that their taxes will be audited by the Internal Revenue Service. The surv ...
Waterton Lakes National Park in Alberta has 6 trails that reach the icefields. If a hiker wishes to reach the icefields in 3 different ways during a visit, how many different possibilities would there be?
Using Excel, A manufacturer of Celsius thermometers claims the thermometers they produce have an average (mean) reading of 0 degrees Celsius and a standard deviation of 1 degree Celsius for freezing water . If one of the ...
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%?
You work in the quality control office for a company that manufactures fluorescent light bulbs. Your company offers a 4-year (1461 day) warranty on these bulbs. The average life span of your bulbs is 1600 days with a sta ...
How to calculate the sample space? 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)
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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 coupon bonds. Under what conditions will a coupon bond sell at a p
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 $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 for 19 years, given a discount rate of 6 percent per annum. As