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Two fair dice are rolled and the absolute value of the difference of the outcomes is denoted by X. What are the possible values of X, and the probabilities associated with them?
Statistics and Probability, Statistics
Two people agree to meet at a coffee shop. They each independently pick a random moment in time between 8 a.m. and 9 a.m. and show up exactly at their selected time. But they are very impatient, and only stay for 10 minu ...
Last year a technology company bought one million in shares of a GM stock at €40 per share and sold it one year later at €50. The spot exchange rate one year ago was $1.40 = €1 and the spot rate prevailing at the end of ...
If the lengths of male skis and female skis are used to construct a? 95% confidence interval for the difference between the two population? means, the result is 14.32cm
If material hardness is normally distributed with a mean of 42 and a standard deviation of 1. Specification limits for hardness are from 35 to 45. When the fraction defective is 0.0017 what is the corresponding PPM?
Find the probability and explain the results please. The population mean annual salary for environmental compliance specialists is about ?$60,500. A random sample of 33 specialists is drawn from this population. What is ...
Suppose we can only sample from Uniform distribution (0,1) with k=3. Design an algorithm to simulate chi-square distribution with 2k freedom via general transformation method.
What is the sample size for studies with MOE of +/-3.5% and +/-2.8%?, with a confidence level of 95%, sample statistics of .50? Please show work.
Want the 98% confidence interval when the sample size is 50, sample mean is 42 and sample standard deviation is 5. Keep three decimal places in your response.
Discrete probability variables. Thirty percent of households say they would feel secure if they had? $50,000 in savings. You randomly select 8 households and ask them if they would feel secure if they had? $50,000 in sav ...
On average, the parts from a supplier have a mean of 97.5 inches and a standard deviation of 6.1 inches. Find the probability that a randomly selected part from this supplier will have a value between 85.3 and 109.7 inch ...
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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