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We have a card game with 52 cards, consisJng of 4 suits (Dia, Clu, Hea, Spa), the cards are numbered Ace-10, then J,Q, K in each suit. A hand has 5 cards and can be sorted anyway the player desires. HOW MANY 5 CARD HANDS ARE POSSIBLE?
Statistics and Probability, Statistics
Consider a borrower that is approved for a standard 10-year, fully amortizing house mortgage with an original balance of $500,000 and a note rate(annual interest rate) of 4.8% (Standard refers to a fixed rate mortgage co ...
Question Probability and nonprobability are the two general categories of sampling. Probability sampling uses random selection, whereas nonprobability sampling does not. For example, if you wanted to study the effects of ...
Bar-eli, Azar, Ritov, Keidar-Levin, and Schein (2007) analyzed 286 penalty kicks among professional soccer players. They recorded the direction that the ball was kicked (left, center, right) and the direction that the go ...
You are the foreman of the Bar-S cattle ranch in Colorado. A neighboring ranch has calves for sale, and you are going to buy some calves to add to the Bar-S herd. How much should a healthy calf weigh? Let x be the age ...
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 ...
Peter and Maryam take turns throwing one dart at the dartboard. Peter hits the bullseye with probability 1/5 and Maryam hits the bullseye with probability 1/3. Each throw is independent of the last. Whoever hits the bull ...
Elle Mae Industries has a cash balance of $59,000, accounts payable of $195,000; inventory of $235,000; accounts receivable of $295,000; notes payable of $219,000; and accrued wages and taxes of $49,000. How much net wor ...
In this question are you just using the empirical rule? You know that your population is normally distributed with a mean of 100 and a standard deviation of 15. Using the empirical rule as a rough approximation, what is ...
Fifth Fourth National Bank has a savings program which will guarantee you $11,000 in 12 years if you deposit $60 per month. What APR is the bank offering you on this savings plan?
Some commercial aircraft fly with two engines. Assuming that the aircraft can land safely on a minimum of one engine, what is the probability of a catastrophe (non-safe landing due to engine failure) for the life of the ...
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