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A side effect of a certain anesthetic used in surgery is the hiccups, which occurs in about 10 percent of the cases. If three patients are scheduled for surgery today and are to be administered this anesthetic, compute the probability that
a. three get hiccups
b. none get hiccups
c. at least one gets hiccups
Assume the risk-free interest is 5%. If WT borrows $100 million today at this rate and uses the proceeds to pay an immediate cash dividend, what will be the market value of its equity just after the dividend is paid, according to MM?
Determining the strength of a correlation is very important to determine how well one variable can predict another. To determine the strength of a correlation, we have to calculate the correlation coefficient, r.
If the mailing list can be considered a random sample of the population, what is the chance that at least 1245 Macintosh users will receive the flyer?
Book inventory Record information - Ratio, interval, nominal or ordinal.
Find the value of q-hat from proportion and degrees of freedom used to find the t-score.
At the .05 significance level, can we conclude that the mean waiting time is less than 3 minutes?
At the 5% level of significance test whether the bottling process is carried out accurately or whether the filling machinery needs calibration. Use both the critical and the p-value approaches.
Find the probability that in a given year,a) Exactly one major hurricane will strike the U.S. mainland
The superintendent of a printing plant has selected a random sample of 100 rolls of paper from a large shipment. The average length of the sample rolls is 416 feet, with a variance of 2704 feet.
Assume we have a population of scores with mean (mu) of 200 and standard deviation (sigma) of 10. Assume that the distribution is normal. Provide answers to the following questions:
A loaf of bread is normally distributed with a mean of 22 oz and a standard deviation of 0.5 oz. What is the probability that a loaf is more than 22.25 oz?
Give a real world example of a situation where normal parametric tests would not be useful and where there is a need for nonparametric test methods. Be specific and explain why nonparametric tests are needed in that case.
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