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Your drawer contains 10 red socks and 7 blue socks. It is too dark to see which are which, but you grab two socks anyway. What is the probability that both socks are blue?
Statistics and Probability, Statistics
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How Do you calculate true population proportion if your defective sample is too small? For example, if you have 50 and defect is 4. Please look below for more details.
Let's assume that your tuition (not including books and supplies) for this semester is $7500. If you are taking 5 courses, and each class meets 3 hours a week, what are you paying per hour for your classes? (A typical co ...
Martin Enterprises needs someone to supply it with 109,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you've decided to bid on the contract. It will cost you $740, ...
The average starting salary for graduates at a university is $33,000 with a standard deviation of $2,000. If a histogram of the data shows that it takes on a mound shape, the empirical rule says that approximately 68% of ...
What is correct alternative hypothesis for the claim that the average professional basketball player is at least 6' 9" tall. And Answer "True" if the statement is always true. If the statement is not always true, replace ...
What is the 99% confidence interval for a sample of 52 seat belts that have a mean length of 85.6 inches long and a standard deviation of 3.8 inches?
SmithCo is a supplier to many brand name makers of mobile phones. SmithCo manufactures the external shells that enclose mobile phones. The strength of a shell is measured by applying increasing pressure to the shell and ...
Determine the minimum sample size required when you want to be 98% confident that the sample mean is within two units of the population mean. Assume a standard deviation of 4.82 in a normally distributed population.
Consider projects A and B with the following cash flows: C0 C1 C2 C3 A -$29 $18 $18 B -$54 29 29 What is the profitability index of each project? (Do not round intermediate calculations. Round your answers to 2 decimal ...
You are promised $80 a year for the next 4 years. You are also promised a one-time payment of $2000 in 6 years. The interest rate is 6%. What is the total PV?
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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