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1. A coin is rigged so that when it is flipped, the probability of a head is .7. If the coin is flipped three times, which is the more likely outcome, exactly three heads, or two heads and a tail?
2. Imagine that the probability of head when flipping a coin is given by the binomial probability function with p = .5. (So the outcomes are independent.) If you flip the coin nine times and get nine heads, what is the probability of head on the tenth flip?
The weekly dollar demand and supply functions for tents, t, are given by the following respective formulas:
Standard deviation of 12%. Assume that scores in both classes follow a normal distribution. Convert Maria's midterm score of 84 to a standard z score.
In as sample of 855 bartenders, 48% report hearing complaints from patrons about their jobs. If the maximum error of estimate for the proportion of bartenders hearing job complaints is 4.4 percentage points, what is the degree of confidence used?
Clyde's Chairs and Things sells custom made chairs. Yearly sales from 1983 to 2011 are provided below. After analyzing the information, answer the following questions as completely as possible:
Bench Inc., an equipment manufacturer, leased a machine to Unicycle Company on January 1, 2014. The lease is for a 6-year period and requires equal annual payments of $41,747 at the beginning of each year.
Summarize the key differences in the explanation of branding from (a) a cognitive point of view; (b) a behaviorist point of view.
Determine a confidence interval for the mean of a normal population with variance σ2 = 25, using a sample of size 500 with mean 22.
The procedure used to obtain your sample (i.e., random or nonrandom sampling) is not the same as the procedure for assigning participants to conditions; distinguish between random sampling and random assignment.
Airlines monitor the causes of flights arriving late. 75% of flights are late because of weather, 35% of flights are late because of ground operations. 10% of flights are late because of weather and ground operations.
What would be an appropriate graphical representation to show the dispersion of home prices in a particular city, such as San Diego? Consider what would be the dependent (y) and independent (x) variables? Explain your reasoning.
The reinvestment rate for these funds is 3 percent. Anderson uses an 13 percent required return on this project. what is the NPV?
You will probably want to use the rule of Simpli?cation at some point in your proof. You need to be careful with that rule! In plain English, the rule says that if you know p and q is true
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