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1. Income tax returns. In 2004, the Internal Revenue Service received 312,226,042 individual tax returns. Of these, 12,757,005 reported an adjusted gross income of at least $100,000, and 240,128 reported at least $1 million.27 If you know that a randomly chosen return shows an income of $100,000 or more, what is the conditional probability that the income is at least $1 million?
2. Conditional probabilities and independence. Using the information in Exercise 4.109, answer these questions.
(a) Given that a vehicle is imported, what is the conditional probability that it is a light truck?
(b) Are the events "vehicle is a light truck" and "vehicle is imported" independent? Justify your answer.
If the population standard deviation is σ = 10, can you conclude that the treatment has a significant effect? Use a two-tailed with α = .05.
Formulate null and alternative hypothesis to test for no difference between the population mean credit card charges for groceries and the population mean card charges for dining out.
Interpret the decision in the context of the original claim.
to compare the effects on energy intake of drinking wine either before or with a meal 11 men participated in a
A consumer testing agency tested the lifetimes of ve brands of dot-matrix computer printer ribbons using a single printer.
messages are transmitted from low speed terminals and arrive at a message concentrator at a poisson rate of 600hr.
students take at least 2 courses out of arts history and science. 60 take arts80 take history70 take science. how many
Compute the cost of a single unit of product under boththe absorption costing and variable costing approaches.? Prepare an income statement for the year using absorption costing.
What units represent the margin of error? Suppose you want to decrease the margin of error, but want to keep the 95% confidence interval. What do you need to do?
Use the following information on states of the economy and stock returns to calculate the expected return for Dingaling Telephone.
1 a retailer determines that the average number of orders per day for a certain product is 5. assume the poisson
1.a forester wishes to predict the volume in cubic feet of usable lumber in a certain species of tree using the height
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