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Suppose the returns of a particular group of mutual funds are normally distributed with a mean of 12.4 and a standard deviation of 4.7%. I f the manager of a particular fund wants his fund to be in the top 5% of funds with the highest return, what return must his fund have? (please round your answer to 2 decimal places).
What is the correlation coefficient and do the data provide sufficient evidence to conclude that the number of years of study and test score are linearly positively correlated? Use α = 0.01
Develop a second decision tree for Sonny and his team to reflect this new option of hiring the research firm prior to the possibility of developing the app
The data in the table below is from a study conducted by an insurance company to determine the effect of changing the process by which insurance claims are approved. The goal was to improve policyholder satisfaction by speeding up the process and eli..
Married Adults. In a recent year, 125.8 million adults, or 58.6% of the adult American population, were married. In a New England town, a simple random sample of 1,445 adults includes 56.0% who are married. Use a 0.05 significance level to test..
The program office budgets $30,000 per program review at the contractor's site. Your concern for "end of year" spending drills is that you have budgeted enough for the reviews (i.e. you are only concerned if the actual costs are higher than the..
In a certain region of the country, average radar echo duration of lightning flashes is .61 sec and a standard deviation of .24 sec. Note, that these are population values. Calculate a 95% (two sided) confidence interval for the true average ..
5. A laboratory weights filters from a coal mine to measure the amount of dust in the mine atmosphere. Repeated measurements of the weight of dust on the same filter has a standard deviation of σ = 0.08 milligram (mg) and mean 123 mg.
Suppose you are going to randomly order individuals A, B, C, D, E and F. The probability the order will begin A B _ _ _ _ is ____. a. 1.000 b. 0.033 c. 0.027 d. 0.000
"Range of optimality" describes the impact of simultaneous changes in objective function values and right-hand-side values.
Why does Course Hero state $14.95 for one month then when I try and sign up it states a min of 3 months at $19.95?
1) A sample of price of 16 different models of mobile in a store are as follows: 900 300 340 450 280 220 340 290 370 400 310 340 430 270 380 910 a) Calculate the mean, median, mode, first and third quartile. b) Calculate the variance, standard deviat..
Epidemiology question set
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