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If you draw 7 cards at random from a standard deck of 52 cards, what is the probability that you will get exactly two pairs? The other three cards drawn will have different values from the value of each of the two pairs and will be different from each other.
A Geiger-Muller tube and a scaler record approximately 50 counts per second due to a radioactive source. What is the shortest counting time required so that the percentage error of the counts will not exceed 1%?
Find the implied volatility of the following European call. The call has four months until expiry and an exercise price of $100. The call is worth $6.51 and the underlying trades at $101.50. Assume the risk free interest rate is 8% per annum.
What is the minimum GPA that qualifies a student to graduate with honors and It has been decided by the Faculty Senate that all students with GPAs in the top 16% will graduate with honors
question a feed company produces a livestock mix from four possible ingredients corn peanuts oats and a vitamin
Estimate the average score at age 35 for all the individuals who scored 115 at age 18. Predict the score at age 35 for an individual who scored 115 at age 18.
The number of cell phone minutes used by high school seniors follows a normal distribution with a mean of 500 and a standard deviation of 50. What is the probability that a student uses fewer than 400 minutes?
Recently, students in a marketing research class were interested in the driving behavior of students. Specifically, the marketing students were interested if exceeding the speed limit was related to gender.
Suppose that a random sample of 51 passengers showed an average total weight of 200 pounds with a sample standard deviation of 59.5 pounds. What is the value of the test statistic?
The study was done to distinguish people's religion with how many days that they have said they have been calm in past three days. Determine proportion of Catholics were calm for 1 out of 3 days?
The combined production level should not exceed 1200 units per month. The demand for product II is no more than half the demand for product I.
According to Central Limit Theorem, how big of sample is essential to be sure sampling distribution of sample means is normally distributed.
Find the probability that is a sample of 30eruption intervals the average interval of time between eruptions was more than 75 minutes.
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