What is the probability the acc will have a team

Assignment Help Cost Accounting
Reference no: EM13548037

What NCAA college basketball conferences have the higher probability of having a team play in college basketball's national championship game? Over the last 20 years, the Atlantic Coast Conference (ACC) ranks first by having a team in the championship game 10 times. The Southeastern Conference (SEC) ranks second by having a team in the championship game 8 times. However, these two conferences have both had teams in the championship game only one time, when Arkansas (SEC) beat Duke (ACC) 76'70 in 1994 (NCAA website, April 2009). Use these data to estimate the following probabilities.

a. What is the probability the ACC will have a team in the championship game (to 2 decimals)?

b. What is the probability the SEC will have team in the championship game (to 2 decimals)?

c. What is the probability the ACC and SEC will both have teams in the championship game (to 2 decimals)?

d. What is the probability at least one team from these two conferences will be in the championship game?

That is, what is the probability a team from the ACC or SEC will play in the championship game (to 2 decimals)?

e. What is the probability that the championship game will not have a team from one of these two conferences (to 2 decimals)? 

Reference no: EM13548037

Questions Cloud

Analysis of selected accounts of orlando company : Analysis of selected accounts of Orlando Company for the year ended December 31, 2008 - prepare a statement of cash flows using the indirect method.
Determine the largest distance x that the stream can reach : A nozzle discharges a stream of water with an initial velocity v0 of 50 ft/s into the end of a horizontal pipe of inside diameter d=5ft. determine the largest distance x that the stream can reach.
Determine the amount of net income for august : Determine the amount of net income for August, assuming that the owner made no additional investments but withdrew $35,000 during the month.
The annual mean vehicle miles of travel per household : The annual mean vehicle miles of travel per household
What is the probability the acc will have a team : What is the probability the ACC will have a team in the championship game and what is the probability that the championship game will not have a team from one of these two conferences
What is the standard deviation : The variance of some data is 37.33 what is the standard deviation?
What additional factors should terry consider when deciding : Terry wants to purchase a used car for $8000. The dealer offered to finance the deal at 8.5% APR for 4 years with 10% down payment. Terry's bank will provide a loan at 7.8% for 3 years
Use the euler methods and heun method to solve : Solve the following initial value problem over the interval from t=0 to 2 where y(0)=1 a. Euler method with step h=0.5 b. Midpoint method with h= 0.5
Are x and y independent : Are X and Y independent?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Prepare a perpetual inventory record for digital wireless

Prepare a perpetual inventory record for Digital Wireless, to determine the value of ending inventory at December 31st, 2012, and the total amount to be assigned to cost of goods sold for the period.

  Compute the cost per processed check for september at roc

Compute the cost per processed check for September at ROC - Big City Bank processes the checks its customers write at Riverdale Operations Center (ROC). ROC processed 2,800,000 checks in September.

  Evaluate the cost of the property

Evaluate the cost of the property to be recorded in the accounts. Prepare journal entries to reflect the revaluation for both building and land of the property.

  What amount does fenland need to invest each year

what lump sum at employment date would make her indifferent between the two options and  Reliable would recognize gross profit and What amount does Fenland need to invest each year?

  Provide evidence that the system is operating correctly

Included in the Acceptance Testing will be verification of the system outputs, ie reports etc. What types of activities could Andrew include in the Acceptance Test to provide evidence that the system is operating correctly?

  Calculate the amount of accounts receivable written off

Based on the above information, XYZ Company reported bad debt expense of $8,200 for 2002 - calculate the amount of accounts receivable written off as uncollectible by XYZ Company during 2002.

  The scq corporation manufactures specialty medical tools

the scq corporation manufactures specialty medical tools ranging from 10000 to15000 per unit. the tools are used in

  The president of houston electronics was satisfied with the

the president of houston electronics was satisfied with the companys new product the he versatile cvd. the product is

  Determine the corrected amounts for 2010 cost of goods sold

Determine the corrected amounts for 2010 cost of goods sold and December 31, 2010, retained earnings.

  Evaluate approximate activity cost driver rates

Evaluate approximate Activity Cost Driver Rates (ACDR) for the drivers you have chosen.

  Evaluate the income statement

Evaluate the income statement in the given case.

  Estimated factory overhead costs

Determine by what percentage revenue is expected to increase and develop costing for the product units to explain the manufacturing expenses that the proposed product will require in the first year of production.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd