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A truck is loaded with bags of onions that weigh an average of 5 pounds with a standard deviation of 0.5 pounds. the histogram for the weights of the bags on the truck looks very much like a bell shaped curve of a normal distribution.
a) what percent of the bags weigh between 4 and 6 pounds? please explain
b) What percent of the bags weigh over 5.2 pounds? please explain
Suppose a machine has three independent components with Exp(.1) lifetimes. Compute the expected lifetime of the machine if it needs all three components to function properly
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A pilot, attempting to fly from Middletown to Westburg, a distance of 200 miles, notices after flying 180 miles that West burg is still 35 miles away because the heading was off by a few degrees.
Corporate bonds issued by Johnson Corporation currently yield 8%. Municipal bonds of equal risk currently yield 6%. At what tax rate would an investor be indifferent between these two bonds?
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Test at the five percent level of significance
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Calculate the critical value
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Finding Probabilities Under Normal Distribution. Suppose x is a normally distributed random variable with y=13 and o=2. Find the following probabilities
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