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The length of pregnancies are normally distributed with a mean of 268 days and a standard deviation of 15 days.
a) Few years ago, in a letter to "Dear Abby" a wife claimed to have given birth 308 days after a brief visit from her husband, who was serving in the Navy. What is the probability that her husband was the actual father of the baby, that is, the probability of a pregnancy lasting 308 days or longer?
b) What fraction of pregnancies fall within ±10 days from the mean length of pregnancies?
c) What middle interval (of days) includes 0.95 fraction of all pregnancies? Round the days to the nearest integer.
It is a hot day at the beach. Ice water costs $2 per bottle and this is your only option. Your marginal benefit for water follows the equation MB = $10 - $x. x is represents the number of bottles of ice water you have had. So, for example, the margin..
In the U.S, the capital share of GDP is about 50 percent, the average growth in output is about 3 percent per year, the depreciation rate is about 4 percent per year, and the capital-output ratio is about 2.5. What must the saving rate be in the init..
Grandparents decided to start a college fund for their soon to be born granddaughter. They plan to make third first deposit the day she is born and plan to make the last deposit on her 10th birthday. They want the child to be able to withdraw 10,000 ..
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The nation with the lowest cost of production has a?
The U.S. government strongly encouraged unions to be formed in the early 1940s because they held the view that unions would help to
Tanya imports sweaters from Peru and sells them from her home. She collects $400,000 in revenue a year, and spends $200,000 on the sweaters and shipping costs, as well as $25,000 on accounting services and utilities.
Calculate the Mean from the following Frequency Distribution:
What is the monthly interest rate? How much will Susan pay each month for 45 months? What effective interest rate is being charged?
During the second semester of 2009 and the first semester of 2010 the GDP growth rate became positive. However, percentage changes in the GDP growth rate were not matched by half percentage point decreases in the unemployment rate during that period...
The maximum price that a few of the consumers are willing to pay is $0.20 per pound of cheese, and the price floor is set at $0.17 per pound. With the price floor at $0.17 per pound of cheese, consumers buy 211 billion pounds of cheese. How much cons..
Assume you have the power to make reforms to the way tax research and planning is currently conducted. Propose the reforms you would make. Justify your response.
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