Examine damaged planes returning from bombing

Assignment Help Finance Basics
Reference no: EM131070031

Directions: Complete the following questions. The most important part of statistics is the thought process, so make sure that you explain your answers (and show your work), but be careful with statistics. The following statistics/probability problems may intrigue you and you may be surprised. The answers are not always as you might think.

1. There are 17 people at a party. Explain what the probability is that any two of them share the same birthday. [Show your work]

2. A cold and flu study is looking at how two different medications work on sore throats and fever: [Show your work]

  • Sore throat - Medication A: Success rate - 90% (101 out of 112 trials were successful)
  • Sore throat - Medication B: Success rate - 83% (252 out of 305 trials were successful)
  • Fever - Medication A: Success rate - 71% (205 out of 288 trials were successful)
  • Fever - Medication B: Success rate - 68% (65 out of 95 trials were successful)

Analyze the data and explain which one would be the better medication for both a sore throat and a fever.

3. The United States employed a statistician to examine damaged planes returning from bombing missions over Germany in World War II. He found that the number of returned planes that had damage to the fuselage was far greater than those that had damage to the engines. His recommendation was to enhance the reinforcement of the engines rather than the fuselages. If damage to the fuselage was far more common, explain why he made this recommendation.

Reference no: EM131070031

Questions Cloud

Write an essay describing an ethical dilemma for a person : Identify what you think are the three most important requirements of the field's code & explain why - write an essay describing an ethical dilemma for a person working in your desired profession, depicted in at least two forms of media.
The necessary hardware for such presentation : Each paper will be at least 10 full pages in length but no longer than 25 pages in length (do not number or count the title page, the pledge page, the contribution page, the abstract, table of contents or the bibliography.)
Sketch the geometry and orientation of the steps : Sketch the geometry and orientation of the steps formed on the fracture surface.
Analyze the important aspects of accounting : Analyze the important aspects of accounting and reporting of governmental capital projects highlighted in the article. Expand your analysis to consider how monitoring and reporting of capital projects is similar and how it differs from the same fu..
Examine damaged planes returning from bombing : The United States employed a statistician to examine damaged planes returning from bombing missions over Germany in World War II. He found that the number of returned planes that had damage to the fuselage was far greater than those that had damag..
What are the effects of changes in test temperature : What are the effects of changes in test temperature (either increase or decrease) on the geometry of dislocation arrangements within the vein structure and within the channels separating the veins?
Definition of the pid algorithm : A practical discussion of the function of each of the three terms (proportional, integral, derivative) and An explanation of the affects that changing each of the three tuning constants has on the resulting control response.
Proportion of total cases occurring in boys : The table below provides information on the number of students per type of residence and the number reporting illnesses consistent with the described symptoms and onset time. What is the proportion of total cases occurring in boys?
Analyze cabrera foods logistics exercise in cabrera foods : Analyze the Cabrera Foods Logistics Exercise in the Cabrera Foods handout. Identify possible solutions to Cabrera's challenges.

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate the cash inflows from the sale of the old machine

Calculate the incremental depreciation on the new versus the old machine. d) Determine the net present value of the new machine. Should they purchase the new machine?

  Describe the variables that were presented what level of

abstract agricomp a supplier of computer systems for farmers has surveyed it dealers on whether to change its procedure

  What interest rate is the bank required by law

What interest rate is the bank required by law to report to potential borrowers?

  Prepare and explain an sfas matrix and a tows matrix for

prepare and explain an sfas matrix and a tows matrix for your selected company. data presented in tables do not speak

  Calculate the present value of an investment

Calculate the present value of an investment that pays $1000 in two years and $2000 in five years for certain.

  Is it a bargain if its selling at $76 a share

The Pancake Corporation recently paid a $3 dividend and is expected to grow at 5% forever. Investors generally require an expected return of at least 9% before they'll buy stocks similar to those of Pancake.

  Research study in the functional area

Find an article in the University Library that contains a research study in the functional area of your own job or a functional area you desire to be a part of someday.

  Calculate and graph the net profit margin

For your stock companies HSBC Holding,PLC, calculate and graph the net profit margin, total asset turnover, and return on assets for each of the past three years.

  The cash flows from this annuity will be taxed at 28

you have recently won the super jackpot in the washington state lottery. on reading the fine print you discover that

  Summation of the different types of behavior

1-Provide a brief summation of the different types of behavior and medical therapies. Are there any comparisons between behavior and medical therapies?

  Write a report on a case in share buyback and its impact

"You are required to write a report on a case in share buyback and its impact on the share price and the financial performance of the company

  Quality of earnings

Determine which of the following would least likely be considered as signaling a potential problem regarding the "quality of earnings" for a firm?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd