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Alice and Bob agree to meet at the bus stop between 12 noon and 1pm. They each arrive at a random time in that interval and wait for 5 minutes before leaving, unless they see the other person. What is the probability that they meet each other?
The lifetime of a light bulb is an Exponential RV with a mean of 800 hours. Let L represent the time (in hours) that one randomly selected light bulb will burn. What is the possibility the light bulb burns for more than 1000 hours.
To find out the efficiency of the current ticket operation, Mike wishes to examine several queue operating features.
Reject H0 at β β = .01; there is evidence of a difference between the mean voter turnouts for urban, suburban, and rural precincts.
Advertisers need to know which age groups are likely to see their ads. Purchasers of 120 copies of Cosmopolitan are shown by age group, (a) Make a bar chart and describe it. (b) Calculate expected frequencies for each class.
A check of dorm rooms on a large college campuses revealed that 38% had refrigerators, 52 percent had TVs and 21 percent had both a TV and a refrigerator. What's the probability that a randomly selected dorm room has.
Probability based on a random experiment - What is the probability, without looking in the drawer
Is there evidence to suggest a difference in the mean waiting times at the four body shops? Use the .05 significance level.
Estimating the individual score using normal distribution - blood pressure higher than what amount?
Explain the ANOVA output table values:
At a board meeting of 20 businessmen, all of whom wear ties, what is the probability that:
When the Sharpe Ratio for the market portfolio is 0.5, what risk-free rate Rf is the market anticipate? Draw on a diagram for the Capital Market Line derived from the above data. Make sure to clarify the intercept and the slope.
The mean number of passengers per flight is 160 with a standard deviation of 20. The aircraft used for the route has 200 seats.
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