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If a house is sold under an FHA loan for $55,000, and the required down payment was set at 3% for the first $25,000 and 5% for any amount over $25,000, what is the amount of the down payment?
A hat contains n coins, f of which are fair, and b of which are biased to land heads with probability 2/3. A coin is drawn from the hat and tossed twice.
Prove that the rotated principal components V(r) of Theorem 5.2 no longer successively account for maximum variance.
In a recent year, 11th grade New York public school students taking an English test produced test scores that were normally distributed with a mean of 81 and a standard deviation of 6. Let x be a random variable that represents a test score.
College admissions. For high school students graduating in 2007, college admissions to the nation's most selective schools were the most competitive in memory.
A statistics instructor collected data on the time it takes the students to complete a test. The test taking time is uniformly distributed within a range of 35 minutes to 55 minutes.
Based on this sample statistic, estimate how many people at the convention traveled from abroad. Would you be more confident of your estimate
Explain the difference between sampling with replacement and sampling without replacement.
How is the standard deviation of the data affected if there are disproportionately more 0s and 5s? Why can't we use the methods of this section to test that the last digits of the sample data have a standard deviation equal to 3?
A simple random sample of 37 weights of post-1983 pennies have a mean weight of 2.49910g and a standard deviation of .01648g. U.S. Mint specifications
It's believed that 4% of children have a gene that may be linked to juvenile diabetes. Researchers hoping to track 20 of these children for several years test 732 newborns for the presence of this gene. What's the probability that they find enough..
Flotation costs on new stock sales are 5% of the selling price. What is the cost of Haroldson Inc.'s new common stock?
1. What do the three types of longer reports have in common with one another? How do they differ? 2. What is plagiarism, and why is it critical to avoid plagiarism in both academic and business writing?
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