Suppose we want to choose 5 objects without replacement

Assignment Help Business Economics
Reference no: EM132355097

Suppose we want to choose 5 objects, without replacement, from 17 distinct objects.

(a) How many ways can this be done, if the order of the choices is relevant?

(b) How many ways can this be done, if the order of the choices is not relevant?

Reference no: EM132355097

Questions Cloud

What is the probability that the study will reveal something : What is the probability that the study will reveal something new or not reveal something new?
Clearly labeling the random number table : The number of children per family in the U.S. is given in the table below. How many families should Max expect to surveyto reach at least 20 children?
Find the probability that a single randomly selected value : A population of values has a normal distribution with µ= 20.9 and s= 39.3 You intend to draw a random sample of size n=44
Selecting the ten trees closest to the parking lot : Explain why the last plan suggested above, selecting the ten trees closest to the parking lot, might be biased
Suppose we want to choose 5 objects without replacement : Suppose we want to choose 5 objects, without replacement, from 17 distinct objects.
What is the upper confidence limit : With 90% confidence, for sample mean 33.50, sample standard deviation 12.90, and sample size 35, what is the upper confidence limit with 2 decimal places?
How would you write as a proportion : Recall, the lower bound is at the 2.5th percentile. How would you write 2.5% as a proportion?
Construct a tree diagram to display the above information : The old one is available for use 80% of the time and the new one 90% of the time. The machine availabilities are independent of one another.
How many ways can this be done : Suppose we want to choose 5 colors, without replacement, from 18 distinct colors.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd