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Question: Hamilton County judges Ely thousands of cases per year. In an overwhelming majority of the cases disposed. the verdict stands as rendered. However, some cases are appealed, and of those appealed. some of the cases are reversed. Kristen DelGurti of The Cincinnati Enquirer conducted a study of cases handled by Hamilton County judges over a three-year period. Shown in Table 4.8 are the results for 182.908 cases handled (disposed) by 38 judges in Common Pleas Court, Domestic Relations Court. and Municipal Court. Two of the judges (Dinkelacker and Hogan) did not serve in the same court for the entire three-year period. The purpose of the newspaper's study was to evaluate the performance of the judges. Appeals are often the result of mistakes made by judges. and the newspaper wanted to know which judges were doing a good job and which were making too many mistakes. You are
called in to assist in the data analysis. Use your knowledge of probability and conditional probability to help with the ranking of the judges. You also may be able to analyze the likelihood of appeal and reversal for cases handled by different courts.
Valencia Products makes automobile radar detectors and assembles two models: LaserStop and SpeedBuster. The firm can sell all it produces. Both models use the same electronic components.
Which approach toward data is more aligned with qualitative research?
Suppose we are a dollar investor. The stock we wish to buy is priced in pounds. How would we price a call option on the stock which has a strike in pounds?
Sandford Tile Company makes ceramic and porcelain tile for residential and commercial use. They produce three different grades of tile (for walls, residential flooring, and commercial flooring), each of which requires different amounts of material..
Compute the expected length of the interval from (a) exactly (simplify). How does the average length compare (=, ) to that of the usual 50% confidence interval, (¯y - z0.75/√2, y¯+ z0.75/√2), where z0.75 ≈ 0.67 is the 0.75 Normal quantile
For the container of Fig use Bernoulli's equation to derive a formula for the distance X where the free jet leaving horizontally will strike the floor, as a function of h and H. For what ratio h/H will X be maximum? Sketch the three trajectories f..
The first successful ascent to the summit of K2, the world's second highest and most dangerous mountain was July 31, 1954. The distance (in meters) the climbers ascended K2 is modeled by the graph below. Determine the average rate of ascent from p..
Formulate a mathematical model to help Widgetco determine the amount to produce at each plant so that net profit is maximized. Implement the model in Excel and use Solver to find the optimal solution.
Shale Bituminous Processors (SBP) is a medium-sized oil company. Using its own patented process, it produces low- and high-sulphur crude from coal and shale.
Two electrons repel each other with a force of 10-8N. How far apart are they?
After considering price, production costs, and transportation costs, Klein established the following profit per unit for each plant-customer alternative.
How do bonds provide financing to corporations for their capital projects? What are the key differences between using bonds to finance capital projects and using stock for that purpose?
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