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For the past 110 ?years, a certain state suffered 28 direct hits from major? (category 3 to? 5) hurricanes. Assume that this was typical and the number of hits per year follows a Poisson distribution. Complete parts? (a) through? (d). Can this problem be done on
?a) What is the probability that the state will not be hit by any major hurricanes in a single? year?
The probability is ?
(Round to four decimal places as? needed.)
?b) What is the probability that the state will be hit by at least one major hurricane in a single? year?
Round to four decimal places as? needed.)
c) What is the probability that the state will be hit by at least three major hurricanes in a single? year, as happened several years? ago?
The probability is
?Round to four decimal places as? needed.)
Why was the Reform Bill of 1832 a political landmark? A It increased the number of male voters by about fifty percent and set a precedent for widening suffrage further B It granted a powerful voice to the numerically superior but materially poorer so..
What are the dimensions of sustainable community development. Name four and explain their interrelatedness. What are the three aspects or roles of the biosphere reserves? In your own opinion, which one of the three roles are the most important.
What are factors that shift supply curve for this good. How do you expect supply and demand of your selected good to change in next year. Relate your expectation to price and quantity.
What interest rate should be used to calculate the present worth of annual expenditures on O&M during the upcoming five year period following
You are required to use a figure, with the axes properly labeled, to display this impact in both cases.
Illustrate what is her MPC (Marginal Propensity to Consume) in this case.
Assume that the demand for Internet advertising is declining at the same time that the number of Internet sites accepting advertising is increasing. Assume the equilibrium price of Internet advertisements is initially P1 and the equilibrium quantity ..
Harvey quit his job at State University where he earned $45,000 a year. He figures his entrepreneurial talent or foregone entrepreneurial income to be $5,000 a year. In the first year, the firm sold 11,000 units of software at $75 for each unit. Of t..
Question 1 Why would perfectly competitive industries advertise even though individual firms do not? Question 2 We could state correctly that the minimum characteristic necessary to distinguish among pricemaking firms is:
Howell Petroleum is considering a new project that complements its existing business. The machine required for the project costs $3.9 million. The marketing department predicts that sales related to the project will be $2.6 million per year for the n..
Calculate the Value of SDR given that SDR is equal to: $66, .42 €, 12.5¥, and .111£. And today's exchange rates are as follows: What is the value of an SDR in dollar terms?
Discuss why a corporation would want to enter a country with a high political risk and benefits that would need to be present to outweigh risk. Provide specific examples to support your response.
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