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A charity holds a raffle in which each ticket is sold for $40. A total of 11200 tickets are sold. They raffle one grand prize which is a Mercedes Benz E350 valued at $55000 along with 2 second prizes of Honda motorcycles valued at $11000 each. What are the expected winnings for a single ticket buyer? Express to at least three decimal place accuracy in dollar form (as opposed to cents).
kohls candy company developed a new consumer product that is expected to earn 4000 in profit each year if consumer
1. a company is interested in estimating the mean amount of money employees spend on lunch in their cafeteria. from a
A pair of dice is rolled. What is the probability of each of the following? (Round your answers to three decimal places.)
The following statistics were calculated from pairs of observations where X represents the independent variable and Y represents the dependent variable.
The production manager wants to estimate the proportion of defective parts received from this supplier. She believes the proportion defective is no more than 0.15 and wants to be within 0.04 of the true proportion of defective parts with a 90% lev..
in order to compare failure rates for two brands of tires a sample of 600 tires of brand a was taken of which 36
among those who file tax returns less tahn one half file them through an accountant or other tax professional. a
What does the result imply about Mendel's claimed proportion of 3/4?
the bureau of labor statistics american time use survey showed that the amount of time spent using a computer for
todays local newspaper lists 22 stocks of local interest. of theses stocks eleven increase five decreased and six
organizations interested in making sure that accused persons have a trial of their peers often compare the distribution
A particular intersection in Delaware is equipped with a surveillance camera. The number of traffic tickets issued to drivers passing through the intersection follows the Poisson distribution and averages 4.5 per month.
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