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Read the article from the Milwaukee journal (May 1992) entitled "Non -cents: Laws of probability could end need for change," which follows.
a. Does this seem like a reasonable proposal to eliminate carrying change in your pocket?
b. Do you think the proposal is fair? Explain your reasoning.
The lifetime of a 2-volt non-rechargeable battery in constant use has a Normal distribution with a mean of 516 hours and a standard deviation of 20 hours. The proportion of batteries with lifetimes exceeding 520 hours is approximately.
the management of is considering a new method of assembling its golf carts. the present method requires 44.6 minutes on
Calculate the mean of a gamma G(4.3, 6.2) random variable using- Accept-Reject with a gamma G(4, 7) candidate;- Metropolis-Hastings with a gamma G(4, 7) candidate;
the life expectancy of point-of-sale pos terminals is normally distributed with a mean of 4 years and a standard
An efficiency study was done on the delivery of first-class mail originating from the four cities listed in the following table. Recorded for each city was the average length of time (in days) that it took a letter to reach a destination in..
Is there sufficient evidence to conclude that a significant amount of improvement took place? Calculate the mean and standard deviation. Determine which test statistic applies, and calculate it.
If X has a hypergeometric distribution with M = 3, N = 6 and n = 2, find the probability distribution of Y, the number of successes minus the number of failures
the personnel director of a large corporation wishes to study absenteeism among clerical workers at the corporations
an organization conducts marketing research to learn about consumer characteristics attitudes and preferences.
A clever, rich, and wealthy local politician promises to give you $1,000 on the first day of four months before elections. From here on he will give you 9/10 of the amount he gave you the day before.
ben thinks that people living in a rural environment have a healthier lifestyle than other people. he believes the
in a town 31 of the residents contributed to the republicans 45 contributed to the democrats and 12 contributed to
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