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In a shipment of 59 vials, only 18 does not have hairline cracks. 6 vials are randomly selected from the shipment. Find the probability that at least one of the 6 selected vials has a hairline crack.
Statistics and Probability, Statistics
Over the past 100 years, the level of government regulation of financial institutions and markets has ebbed and flowed or, as some economists might argue, has ebbed and flooded. Although the laws and regulatory agencies ...
In a survey of 400 adults that say traffic is a problem: East reported 36% is a problem, South 33% problem, Midwest 26% problem and West 55% problem. (a) The 95% confidence interval for the proportion from the West say t ...
What is an important benchmark for any kind of business and for business how would you use break even in making business decisions?
When Alice spends the day with the babysitter, there is a 0.5 chance she turns on the TV and watches a show. Her little sister Betty cannot turn on the TV by herself. But once the TV is on, Betty watches with probability ...
1) Three-circle, red-on-white is one distinctive pattern painted on ceramic vessels of the Anasazi period found at an archaeological site. At one excavation, a sample of 165 potsherds indicated that 74 were of the three- ...
Assume that the critic finds that 50 percent of the movies have positive comments about the plot, 50 percent have positive comments about the acting, and 30 percent were not given positive comments about either plot or a ...
Suppose a researcher is interested in the number of good versus bad dreams that students have during final exam week. The researcher states that p = 0.52 that a student will have a bad dream during final exam week. (a) ...
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 ...
Assignment - In this assignment MS Excel must be used to perform any calculations/graphical presentations as required in this assignment. Question 1 - Below you are given the examination scores of 20 students (data set a ...
At a college, 66 % of courses have final exams and 56 % of courses require research papers. Suppose that 45 % of courses have a research paper and a final exam. Find the probability that a course has NONE of these two r ...
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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