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Jennifer has alleles A and O. José has alleles A and B. They have two children. What is the probability that both children have blood type A? What is the probability that both children have the same blood type?
Statistics and Probability, Statistics
Three airlines serve a small town in Ohio. Airline A has 49% of all scheduled flights, airline B has 27% and airline C has the remaining 24%. Their on-time rates are 83%, 62%, and 39%, respectively. A flight just left on ...
In a certain city, a school administrator hypothesized that students enroll in school within 5 km from their homes. To check this claim you asked 30 student from the said city and you found that the mean distance between ...
Assume that 15 questions are answered by guessing. 1) What is the probability of exactly 14 correct answers?
A survey of a group of college students was done to find out how students get to school for the school year. 15% of those surveyed were from out of state. Of those that were in-state, 56% used a car as their primary form ...
Approximately once a month cars are shipped from Rotterdam, Holland to Lagos, Nigeria. The past data collection indicates that the weight of a car is normally distributed with the mean of 1,070 kg and the standard devia ...
The monthly sales demand for a new product is uncertain, but it is considered to be adequately described by a normal random variable with mean 50,000 units and variance 100,000,000. (a) A factory to manufacture the new p ...
What is the algebraic equation for the coefficient fo variations?
1. Suppose that a company selects two people who work independently inspecting two-by-four timbers. Their job is to identify low-quality timbers. Suppose that the probability that an inspector does not identify a low-qua ...
Peter and Maryam take turns throwing one dart at the dartboard. Peter hits the bullseye with probability 1/5 and Maryam hits the bullseye with probability 1/3. Each throw is independent of the last. Whoever hits the bull ...
A log yard uses 3 digit numbers to identify their current stock: a) How many 3 digit numbers can be formed from the digits 0, 1, 2, 3, 4 and 5 if each digit can be used only once and the number cannot begin with 0? b) Wh ...
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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