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In a study of how late people are to work, 73% of the variability of the amount of time late could be accounted for by the time spent in traffic jams. What was the correlation coefficient?
Statistics and Probability, Statistics
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An aerospace company has submitted bids on two separate federal government defense contracts, AandB . The company feels that it has a 60% chance of winning contract Aand a 30% chance of winning contractB . If it wins co ...
You hold a stock with price $100 that can increase by 10% or decrease by 10% m a year. The interest rate is 5% a) Suppose that you want to ensure that you'll get a minimum of $I00 in a year regardless of the evolution of ...
A process is normally distributed with a mean of 104 rotations per minute and a standard deviation of 8.2 rotations per minute. If a randomly selected minute has 128 rotations per minute, would the process be considered ...
In a multiple choice exam, there are 5 questions and 4 choices for each question (a, b, c, d). Nancy has not studied for the exam at all and decides to randomly guess the answers. What is the probability that: (a) the fi ...
Describe the general concept of economic analysis. Is this type of analysis necessary, and can it really help the individual investor make a decision about stock? Explain
Determine the internal rate of return for a project that costs -$149,500 and would yield after-tax cash flows of $23,000 the first year, $25,000 the second year, $28,000 the third year, $30,000 the fourth year, $34,000 t ...
According to an? airline, flights on a certain route are on time 80% of the time. Suppose 13 flights are randomly selected and the number of?flights is recorded. ?a) Explain why this is a binomial experiment. ?b) Deter ...
1) Assume that the international average homicide victimization rate is 2.92 (per 100,000). In a sample of 24 industrialized nations, LaFree and Drass (2002) found that the mean homicide victimization rate was 1.49 (per ...
For planning purposes, truss manufacturers must try to predict the number of hurricanes that will hit the eastern seaboard of the United States in any given year. If this area is hit with an average of 6 hurricanes per y ...
Sixty-seven percent of adults have looked at their credit score in the past six months. If you select 31 customers, what is the probability that at least 20 of them have looked at their score in the past six months?
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