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Question 1 An experiment succeeds twice as often as it fails. Find the chance that in the next six trials there will be at least four successes
Question 2 An insurance company has discovered that only about 0.1% of the population is involved in a certain type of accident each year. If its 10000 policy holders were randomly selected from the population, what is the probability that not more than 5 of its clients are involved in such an accident next year?
Question 3 Briefly explain Markov chains
Evaluate the below given limit. Solution Note as well that we actually do have to do the right-hand limit here. We know that the natural logarithm is just described fo
#question.A manufacturer produces two items, bookcases and library tables. Each item requires processing in each of two departments. Department 1 has 40 hours available and departm
Q. Assume a birthday is equally likely to occur in each of the 365 days. In a group of 30 people, what is the probability that no two have birthdays on the same day? Solution:
successful marketing research relies on accurate identification of the research objectives. Critically discuss when setting relevant research objectives, drawing on marketing theor
1/2 + 2/8 =
Determine the value of the unknown side of a right triangle: The two legs of a right triangle are 5 ft and 12 ft. How long is the hypotenuse? Now Let the hypotenuse be c ft.
Liner Regression The calculations for our sample size n = 10 are described below. The linear regression model is y = a + bx Table: Distance x miles
Application of Probability in Business 1. Business games of chance for illustration, Raffles Lotteries. 2. Insurance firms: this is generally done when a new client or prop
love is a parallelogram where prove that love is a rectangle
We now focus on the use of Datalog for defining properties and queries m graphs. (a) Suppose that P is some property of graphs definable in Datalog. Show drat P is preserved und
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