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You and your friend decide to play a game of Deal or No Deal. In this version of the game there are 5 envelopes and one of the envelopes has a $10 note in them. As an additional play, you are allowed to ask your friend once whether the envelope you picked is the one with $10. Your friend has promised that she will tell the truth 2/3rd of the time.
Now you pick an envelope and ask if it is the one with money, she says yes.
What is the probability that it has the money?
A company that manufactures computer chips wants to use a multiple regression model to study the effect that different variables have on y, the total daily production cost
(a) Create a probability model and find Andy's expected profit per game.
Why is it important to look at dispersion? Why is standard deviation a better measure of dispersion than the range?
It is desirable for the process nonconformance to be within 1.5%. If the acceptable level of type I error is 0.05, find the modified control limits for the process mean.
Given the longevity of the vendor's bulbs and the test the potential customer will be carrying out, what is the prob- ability that the vendor will get the contract?
a cement manufacturer claims that concrete prepared from his product has a relatively stable compressive strength and
In a sample of 55 mice, a biologist found that 42% were able to run a maze in 30 second or less. Find the 90% limit for the population proportion of mice who can run a maze in 30 second or less.
MAT10251 STATISTICAL ANALYSIS PROJECT. Your relative or friend asks you for an estimate of the average price of a three or four year old car of the specified make and model in the state specified by your sample
On average, a pair of running shoes can last 18 months if used every day. The length of time running shoes last is exponentially distributed.
Child Care Society is eligible for a social service grant as long as the average age of its children stays below 9. If these data represent the ages of all the
records indicate that on average 3.2 breakdowns per day occur on an urban highway during the morning rush hour.
For each of the following situations, choose one of these as an appropriate display: single pie chart, bar graph, histogram, side-by-side boxplots, or scatterpl
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