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Question: You may need to use the appropriate appendix table or technology to answer this question.
Thirty percent of the fish in a tank are guppies. A random sample of 6 fish is selected.
(a) What is the probability that the sample contains exactly 3 guppies? (Round your answer to four decimal places.)
(b) What is the probability that the sample contains fewer than 2 guppies? (Round your answer to four decimal places.)
(c) What is the probability that the sample contains exactly 1 non-guppy? (Round your answer to four decimal places.)
(d) What is the expected number of guppies in the sample?
(e) What is the variance of the guppies?
Explain how does the trade deficit impact the U.S. economy. Explain how do changes in exchange rate affect a federal government organization.
Explain why there is (and was at the time of the article's publication) a need to reform Social Security. Explain why the authors are critical of the idea of replacing the current system with individual accounts.
Christopher wants to add a solar photovoltaic system to his home. He plans to install a 2-kW system and has received a quote from an installer.
Is the firm maximizing output relative to its labor cost? Explain how you know. If it is not, what should the firm do?
understanding international macro economyyour answers should not exceed 2500 words and can be less.the questions posed
Briefly explain what a government deficit is and then outline the methods the government has available to it for financing government spending programs. What effect on the monetary base do these government deficit financing options have on the mo..
If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development? What condition would encourage research and development in competitive i..
We have touched on trade already in our second discussion. Think about opportunity costs, scarce resources, supply, demand, and the benefits of trade.
You have one semester left to graduate and you have the finances to a maximum of four courses.
What is the present value of this sum at an interest rate of8% also what happens to the present value if the rate falls to5%
Two neighboring island countries called Bertland and Ernamia.
Time series properties of GDP series: Plot the levels of GDP of your two chosen countries against time and explain whether each of the time series is stationary or not. Plot the sample autocorrelation function of the time series and comment on them
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