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Question: What is the probability of obtaining a score greater than 700 on a GMAT test that has a mean of 494 and a standard deviation of 100? Assume GMAT scores are normally distributed.
Statistics and Probability, Statistics
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Question 1. Many high school students take the AP tests in different subject areas. In 2007, of the 144,796 students who took the biology exam 84,199 of them were female. In that same year,of the 211,693 students who too ...
A student is to be selected randomly from a group of students. For each classification of freshman and sophomore, there is a math major, an art major, and a biology major. The probability of each individual being selecte ...
The standard deviation of the market-index portfolio is 45%. Stock A has a beta of 1.20 and a residual standard deviation of 55%. a-1. Calculate the total variance of stock A if its beta is increased by 0.20? (Do not ro ...
1. Suppose you are the manager of a bank that has $15 million of fixed-rate assets, $30 million of rate-sensitive assets, $25 million of fixed-rate liabilities, and $20 million of rate-sensitive liabilities. Conduct a ga ...
Amount of emails. Mean=30 Find the probability that 20 emails are received on the first day and 50 emails are received on the second day.
The speed of cars on a stretch of road is normally distributed with an average 42 miles per hour with a standard deviation of 5.9 miles per hour. What is the probability that a randomly selected car is violating the spee ...
A large furniture retailer wants to conduct a customer satisfaction survey. Customers are divided into groups based on the amount of money they have spent at the retailer's stores in the past year: less than $2000, from ...
A cupcake stand has 40 chocolate, 30 coconut and 20 banana cupcakes. Alice chooses 20 cupcakes at random to make a box as a present for her friend. What is the probability that she chose a. Eight banana and 6 coconut cup ...
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 118 rotations per minute, would the process be considered ...
An investor considers investing $10,000 in the stock market. He believes that the probability is 0.30 that the economy will improve, 0.40 that it will stay the same, and 0.30 that it will deteriorate. Further, if the eco ...
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