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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 speed limit of 50 miles per hour?
Statistics and Probability, Statistics
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Thirty-eight percent of consumers prefer to purchase electronics online. You randomly select 16 consumers. Find the probability that the number who prefer to purchase electronics online is at most 5.
Assume that showing a car is a Bernoulli trial, and each time she shows a car, there is a probability of 0.15 that the customer will buy the car. The saleswoman has a goal of selling at least one car a week. 1) How many ...
Sharon recently invested in real estate with the intention of selling the property one year from today. She has modeled the returns on that investment based on three economic scenarios. She believes that if the economy s ...
Waterton Lakes National Park in Alberta has 6 trails that reach the icefields. If a hiker wishes to reach the icefields in 3 different ways during a visit, how many different possibilities would there be?
The assessment of the allocation of profits and losses is one of the three key areas in which process?
You decide to research further this seemingly contradictory guidance, hypothesizing that the true population average core body temperature amidst higher ambient temperature and humidity levels while using an electric f ...
You are working with a MOE of +/-4% and a confidence level of 95%. P and Q =.50, and your CPI is $25.00. The company you work for needs to make a decision as to whether they may need different advertising for men and wom ...
Question: 1) A random variable X is defined as the difference between the higher value and the lowervalue when two dice are thrown. If they have the same value, X is zero. a.) Find the probability distribution for X. b.) ...
The risk-free rate of return is 5.2 percent and the market risk premium is 8.4 percent. What is the expected rate of return on a stock with a beta of 1.34?
Calculate the standard deviation of a portfolio consisting of 40 percent stock X and 60 percent stock Y. Company Beta Expected Return Variance Covariance X 1.8 0.18 0.30 COVx,y=0.080 Y 2.6 0.22 0.04 Round to the nearest ...
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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