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Bob wishes to insure a priceless family heirloom against theft. The annual premium for policy A is $150, and it will pay $75,000 if the heirloom is stolen. Policy B will pay $100,000, but the annual premium for policy B is $250. Bob estimates the probability that the heirloom will be stolen in any given year and remains undecided between the two policies (that is the expected values are the same between the two policies). What is this estimated probability? Express your answer as a decimal.
for the most recent year available the mean annual cost to attend a private university in the united states was 26889.
one thousand raffle tickets are sold for 2.00 each. one grand prize of 800 and two consolation prizes of 100 each will
Compute the sample variance and the sample standard deviation for these data (to 2 decimals).
Test the hypothesis that the annual income of teachers in areas of more than 500,000 is significantly more than those in areas of less than 100,000. Use the 5% level of risk.
1.an advantage of the permutation test over the t test for a difference in means is thata.it gives accurate p-values
q1. the probability that an individual egg in a carton of eggs is cracked is 0.03. you havepicked out a carton of 1
Fred, on the other hand, has opted to administer to his cat, Heisenberg, Dr. Zelinski's Is Your Cat Smarter Than This Rock?
A researcher plans a study in which a crucial step is offering participants a food reward. It is important that the three food rewards be equal in appeal.
The chance of winning a prize for each of the 15 plays is 50-50 if you bought 15 tickets, what is the chance of winning 10 or more prizes?
question 1 the financial aid office of a university asks a sample of students about their employment and earnings. the
Determine the frequencies expected if the two variables, status regarding lab techniques course and laboratory performance, are independent.
A technician services machines of companies operating in the Phoenix Area. Depending on the type of malfunction, the service call can take exactly 1,2,3,4 hours. The different types of malfunctions occur at the same frequency.
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