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There are 20 qualified applicants for 5 trainee positions in a fast-food management program. How many different groups of trainees can be selected?
What is the probability that a randomly chosen U.S. adult invests in stocks, given that s/he invests in fixed income instruments? What is the probability that a randomly chosen stock investor also invests in fixed income instruments?
Sun Microsystems has approximately 50% of the high-end Unix machines market with its closest competitor being IBM. Suppose that 15 firms were in the market to purchase a high-end Unix machine. Assume that these firms listened to sales pitches by a..
What is the conditional probability of a manager in the Division of Community Services reporting workplace sexual harassment?
An electronic test equipment manufacturing company markets a certain piece of specialty equipment. The company has several competitors who currently market similar pieces of equipment.
Test to determine if there is a significant negative relationship between the independent and dependent variable at a = .05 and .01
Rosa's Italian restaurant wants to develop forecasts of daily demand for the next week. Develop a forecasting chart, using MS Excel. Include the steps used in your forecast.
Determine the probability that no more than 10 firms are perfectly competitive?
A University Counseling Clinic is interested in predicting the levels of depression from the number of social events attended per week by a sample of their clients. The data are below:
Comparison of paired and unpaired samples test - Identify which of the two tests (Independent samples and Paired samples) test is the preferred test and justify your choice.
If gambler rolls two dice and gets sum of four, he wins $10; and if he gets sum of three, he wins $25. Cost to play game is $5. What is expectation of this game?
Find Probability of independent events.Consider again the auto repair rates described. If you own two cars, what is the probability that.
An SRS of 100 of a certain popular model car in 1993 found that 20 had a certain minor defect in the brakes. An SRS of 400 of this model car in 1994 found that 50 had the minor defect in the brakes. Let p1 and p2 be the proportion of all cars of t..
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