Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Subject: Quantitative Methods for Decision Making

1) The table below shows the annual rainfall (mm) in two regions: A and B from 1980 to 1989

Years => 1980 - 1981 - 1982 - 1983 - 1984 - 1985 - 1986 - 1987 - 1988 - 1989

Rainfol in Region A 725 210 560 158 265 537 224 521 188 212

Rainfol in Region B 420 381 314 425 403 263 340 418 310 226

a) Which of the two regions receives more rainfall on average than the other?

b) Which is more suitable for rain fed agriculture (less variability in rainfall)?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92569525
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

You know that the price of sunland inc stock will be 36

You know that the price of Sunland, Inc., stock will be $36 exactly one year from today. Today the price of the stock is $34. Determine what must happen to the price of Sunland, Inc., today in order for an investor to ge ...

The number of stomata tiny openings on the leaves of a

The number of stomata (tiny openings) on the leaves of a particular mutant of Arabidopsis (a common experimental plant) is known to be approximately normally distributed with mean 75 and variance 49. What is the probabil ...

The probability of someone ordering the daily special is 52

The probability of someone ordering the daily special is 52%. If the restaurant expected 96 people for lunch, how many would you expect to order the daily special?

A manufacture claims that the life span of its tires is

A manufacture claims that the life span of its tires is 52,000 miles. You work for a consumer protection agency and you are testing these tires. Assume the life spans of these tires are normally distributed. You select 1 ...

A representative from your company visited a prison and

A representative from your company visited a prison and sampled 500 prisoners in Kailil, concluding that 90 of them are political prisoners. The Test hypothesis, at the 5% significance level, that one third of the prison ...

A fish tank in a pet store has 23 fish in it 11 are orange

A fish tank in a pet store has 23 fish in it. 11 are orange and 12 are white. Determine the probability that if we select 4 fish from the tank, at least 2 will be white.

Interested in learning more about its fans the marketing

Interested in learning more about its fans, the marketing office of the Arena Football League (AFL) conducted a survey at one of its games. The survey had 952 respondents, 679 males and 273 females. Out of the 952 total ...

The lifetime of a particular type of light bulb are

The lifetime of a particular type of light bulb are approximately normally distributed with a mean of 1200 hours and a standard deviation of 140 hours. a) Find the probability that a randomly chosen bulb will burn longer ...

Total cholesterol in children 10 to 15 years of age is

Total cholesterol in children 10 to 15 years of age is assumed to follow a normal distribution of 191 and a standard deviation 22.4. What proportion of children 10 to 15 years of age has total cholesterol between 180 and ...

In the game of roulette a player can place a 7 bet on the

In the game of? roulette, a player can place a ?$7 bet on the number 18 and have a 1/38 probability of winning. If the metal ball lands on 18?, the player gets to keep the ?$7 paid to play the game and the player is awar ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

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

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

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 1150 payment made in ten

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

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As