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A farmer loses $60,000 when the summer is too dry and makes $100,000 when the growing season is moderate. The probability of the growing season being too dry is 35%. What is the expectation for profit?
The company has evidence that its line produces %0.9 of noncorforming items. What is the probability that an item selected for inspection is classified as defective?
A member of Congress wants to determine her popularity in a certain part of the state. She indicates that the proportion of voters who will vote for her must be estimated within plus or minus 2 percent of the population proportion.
At your place of employment, 100 employees are randomly selected and asked the distance of their communte to work. From this group a mean of 15.2 is computed. Identify the following as either?
the point of averages of a scatterplot of y against x is 14 1 . the sd of x is 6 and the sd of y is 7. the decimal
What is the population mean? What is the best estimate of that value?
A psychologist is examining the influence of an older sibling in the development of social skills. A sample of 24 three year old children is obtained.
Draw the probabilities out like an org. chart, then choose to buy from the airline that is least likely to go bankrupt in June. Your research will include getting the bankruptcy.
The length of pregnancies are normally distributed with a mean of 268 days and standard deviation of 15 days. How many days do 80 percent of women last until in their birthing process?
30% of the college of business students major in finance. A random sample of 20 students is selected. What is the probability that no more than 3 students of the selected students are majoring in finance?
What is the probability of finding 1 or more children with chronic bronchitis in a population where the incidence rate of chronic bronchitis is 10% (like the one above?)
find probabilty that the average of those counts is more than 83.0 mosquitoes per square meter. Assume the variable is normally distributed.
Normalized matrix for one decision criterion at Firm T is given below.
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