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A small business just leased a new computer and color laser printer for three years. The service contract for the computer offers unlimited repairs for a fee of $100 a year plus $25 service charge for each repair needed. The company's research indicates that during a given year 86% of these computers need no repairs, 9% need to be repaired once, 4% twice, 1% three times, and none required more than three repairs. What is the standard deviation of the company's annual expense with service contract for the computer?
suppose the probability is 0.8 that any given person will believe a tale about the transgressions of a famous actress.
if a person bought one share of google stock within the last year what is the probability that the stock on that day
A single test on a certain device costs more than the entire lot. It is therefore decreed that not more than three tests will be performed per lot.
what happens when we try the option for best subsets inside minitab for my good problem question? click regression then
consider a stock paying continous dividens of 1. assume r0.06 sigma0.32 stock price of s033.a you sell 100 calls
Females aged 50 and over are approximately normally distributed with a mean of 250 mg/dL and a standard deviation of 30 mg/dL. What is Mrs. Brown's cholesterol level?
Rolling a die Simulate 36 rolls of a fair die. Give the relative frequency and the corresponding theoretical probability of each of the outcomes and compare them.
Describe the optimal solution to a linear programming problem. comprise the following constraints from a two -variable linear program.
What should the average weight be if the production manager wants no more than 6% of the products to weigh more than 7.4 ounces?
A study conducted by the research department of a pharmaceutical company claims that the annual spending (per person) for prescription drugs for allergy relief,is greater than or equal to the annual spending (per person) for non-prescription aller..
What do confidence intervals represent? What is the most controllable method of increasing the precision of or narrowing the confidence interval? What percentage of times will the mean, or population proportion, not be found within the confidence ..
Compute the approximate jp-value associated with the test statistic. Does the sample data support the null hypothesis at the a- 0.05 level?
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