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The supplies for the construction of a reinforced concrete building are supplied by the company a and b. The company a offers a 600 truck loads per day, while the company b offers 400 loads. Typically, 3% of the material of the company a will be of a lower quality, while 1% of the material of company b is deficient. A and B denote aggregates provided by the company a and b respectively.
The event E denote loads of inferior quality.
a) What is the probability that a supply is poor?
b) When a load supply is lacking, what is the probability that it is of the company a?
How much profit/loss would you have since January 1, 2012 if you traded using long only trades beginning with the first signal after January 1, 2012 assuming you close out your position on the last date?
Quality Motors is an automobile dealership that regularly advertises in its local market area. It claims that a certain make and model of car averages 30 miles to a gallon of gas and mentions that this figure may vary with driving conditions. A local..
Their average age was 19.1 years with a standard deviation of 1.5 years. What is the 95% confidence interval for the population mean?
Let x be the random variable that denotes the net amount a playr wins by playing this lottery. Write the probablity distribution of x. Determine the mean and standard deviation of x. How will you interpret the values of the mean and standard devia..
study where a drug was given to 10 patients and a placebo to another group of 10 patients to determine if the drug has an effect on a patient's illness?
Suppose that the four inspectors at a film factory are supposed to stamp the expiration date on each package of film at the end of the assembly line. John, who stamps 20% of the package, fails to stamp the expiration date once in every 200 package.
the scores on an old pinball machine located in the basement of the student center are normally distributed with a mean
an automotive center keeps tracks of customer complaints received each week. the probability distribution for
Use three decimal places in your answers for this problem. The following table was collected.
supplier on-time delivery performance is critical to enabling the buyer? organization to meet its customer service
An additional $3,000 of net working capital will be required throughout the life of the project. What is the project's net present value if the required rate of return is 11 percent?
To be from the same population? You may assume the that follows a normal distribution. values are: 2.13 1.31 1.91 1.92 1.77 1.64 2.29 1.99 2.33 2.49 2.22
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