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Using the given probabilities of individual events, find the probabilities that the specified combinations of those events will occur:
1. If the school cafeteria serves meat loaf, there is a 70% chance that they will serve peas. If they do not serve meat loaf, there is a 30% chance that they will serve peas anyway. The students know that meat loaf will be served exactly once during the 5-day week, but they do not know which day. If tomorrow is Monday, what is the probability that
a) the cafeteria serves meat loaf?
b) the cafeteria serves meat loaf and peas?
c) the caferteria serves peas?
2. Piano Lessons
If it rains tomorrow, the probability is .8 that John will practice his piano lesson. If it does not rain tomorrow, there is only a .4 chance that John will practice. Suppose that the chance of rain tomorrow is 60%. What is the probability that John will practice his piano lesson?
Describe the similarities between an F-ratio and a t statistic. The basic relationship between t statistic and F-ratios can be stated in an equation. What is that equation?
two chips are chosen at random from a box containing 8 blue 4 green and 2 orange chips. we win 2 for each green chip
Merrill Lynch Securities and Health Care Retirement, Inc., are two large employers in downtown Toledo, Ohio. They are considering jointly offering child care for their employees.
Recent crime reports indicate that 4.2 motor vehicle thefts occur each minute in the United States. Assume that the distribution of thefts per minute can be approximated by the Poisson probability distribution.
What decision does the expected value approach recommend and what is your indifference probability for the $0.00 payoff?
a coffee manufacturer is interested in whether the mean daily consumption of regular-coffee drinkers is less than that
suppose that 40 percent of the voters in a particular region support a candidate. find the probability that a sample of
The shop wants a minimum of 60 man-years experience and wishes to maximize productivity. What machinists should they hire?
It is known that in a sack of mixed bean seeds, 35% are yellow beans. Use the normal approximation to the binomial distribution to find the probability that in a sample of 400 beans there are
Determine and record how much of the math grade can be explained by the PE grade? How much of the Writing grade can be explained by the Reading grade?
Use the Fama-French 3-Factor model to run the following tests and alternative techniques to account for violations of the classical linear regression assumptions
if the correlation between two variables is known to be statistically significant at the 0.05 level then the regression
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