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An investor is considering purchasing a small business. He knows that in case of a good market the business will yield $95,000 of profit; in case of a poor market there will be a loss of $15,000. It is known that the probability of a good market for the next year is 0.4, and the probability of a poor market is 0.6.
Find the expected value of the profit?
what are the degrees of freedom for hartleys test statistic for a one - factor anova with n1 5 n2 8 n3 7 n4 8 n5
kip is comparing the numbers of live births that women from different states have had by their 50th birthdayor death if
two friends are training for the boston marathon. james is training on a hilly jogging loop. forthe general population
A previously used drug treatment has a mean remission time of 12.5 weeks. Does the data indicate that the mean remission time using the new drug is different from 12.5 week at a level of significance of 0.01?
question the mean life of a battery used in a digital clock is 305 days. the lives of the batteries follow the normal
Provide a brief description of the main features of these data from the scatter plot and Describe why you would use performance as the predictor variable and performane related pay as the dependent variable in such a model.
to control the quailty of a manufactured product samples of the product are taken at specified inspection time periods
Compute the z-score for M = 89 for a sample of n = 25 scores. Is this sample mean in the middle 95% of the distribution?
suppose the number of children who are obese in the united states grew from 1265966 in 2002 to 1819643 in 2007. use
Determine the variance of X? (Illustrate your computation either in Table or in Equation form)
the number of chocolate chips in an 18-ounce bag of chocolate chip cookies is normally distributed with a mean of 1250
the null hypothesis is to be tested at 95% confidence. Determine the critical value(s) for this test.
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