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Suppose we have 3 distinct people, 4 identical math books, and 5 identical history books. How many different (distinguishable) ways can ALL the books be distributed to the students?
Statistics and Probability, Statistics
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A teacher started class one day by drawing the names of 10 students out of a hat and asked them to accomplish as much pushups as they could. The 10 randomly selected students averaged 15 pushups per person with a standar ...
People were polled on how many books they read the previous year. How many subjects are needed to estimate the number of books read the previous year within one book with 99% confidence? Initial survey results indicate ...
Stock Valuation Suppose you know that a company's stock currently sells for $72 per share and the required return on the stock is 11.5 percent. You also know that the total return on the stock is evenly divided between a ...
On a certain banking machine customer arrives at an average 15 per hour. a. What is the probability that 12 customers will use the machine in the next hour? b. What is the probability that there will be fewer than 3 cust ...
Why has LIBOR played such a central role in international business and financial contracts? Why has this been questioned in recent debates over its value reported?
Seedlings come in packages of 10 and consist of the following: 2 Douglas-fir, 3 spruce, and 5 pines. In any given package, how many ways can the 10 seedlings be arranged if seedlings that are the same species cannot be d ...
Most graduate schools of business require applicants for admission to take the GMAT, the Graduate Management Admission Test. Scores on the GMAT are roughly normally distribute with a mean of 527 and a standard deviation ...
List three ways organizations provide context for their financial ratios, in other words what is the basis of on which they compare their results?
You have 100 coins, and 99 of them are fair (equal probability of heads or tails). One of them is weighted and has a 90% probability of landing on heads. You randomly choose one of the 100 coins. Find the probability tha ...
Research Scenario: Children who experience chronic pain as a result of medical procedures are the focus of a psychiatrist's study. Specifically, the psychiatrist wants to measure whether a new program helps decrease fee ...
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