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Use the Internet to research the basic lottery system in your state. For example, the state of Ohio has a Pick 5 game where a customer selects 5 single-digit numbers (0-9). Each number can be selected again meaning 9-9-9-9-9 is a possible winner. Be prepared to discuss. Determine the probability of winning your state's lottery game provide a rationale to support your determination.
the population mean of monthly wages of all college graduates under age of 30. Interpret your answer in the context of the problem.
Ten percent of the items produced by a machine are defective. Out of 15 items chosen at random. What is the probability that exactly 3 items will be defective?
a popular web site among college students is studentinfo.com. it lists information about jobs both in the united states
1. a roulette wheel has 38 slots in which the ball can land. two of the slots are green 18 are red and 18 are black.
Based upon the following data, what is the expected value of perfect information, assuming the probability of the state of nature that favors location A occurring is 0.50, the probability of the state of nature that favors location B occurring is ..
Graph one shows a number of observations that all are directly on trend line that moves from the top left of the graph to the bottom right.
A survey on household income in Northeast NJ area gave the following numbers in thousands of dollars:
public health officials claim that people living in low income neighborhoods have different physical activity levels
a large university is interested in learning about the average time it takes students to drive to campus. the
Check that the formula (1) holds when X Unif(0, b). Formula (1) also works for b = 1. Check this when X is an Exponential RV with PDF f(x) = e-x for x 0.
note you are expected to use minitab for your analyses with the output incorporated into your report.the objective of
Sales are above 671,000 copies, and 10% of the time, sales are above 712,000 copies. Find the mean and the variance of annual sales.
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