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A bottling company has determined the number of machine breakdowns per month and their respective probabilities as given below: Number of Breakdowns Probability 0 0.12 1 0.38 2 0.25 3 0.18 4 0.07The expected number of machine breakdowns per month? Describe your answer.
You are gambling. There is a white urn in front of you, which contains a total of 100 black and white balls. You are blindfolded, get to pick one ball randomly, and see which color
Derive marginal benefit of reducing principal balances
Probelm: (a) Differentiate between homoscedasticity and heteroscedasticity. (b) Outline the reasons why the variances of disturbance term may vary. (c) Given the 3 observ
demand for tea, Y, are assumed to be affected by income of students, X. A simple linear regres-sion analysis was performed on 20 observations and the results were: Independent vari
what is econometrics
Can you draw a line which starts from left to right has a positive slope?
The tab-delimited text file contains daily stock prices for the Brazilian petroleum company Petrobras from 31 December 2008 to 31 December 2009. The data were obtained from yahoo f
WHAT ARE THE GOVERNMENT FUNCTIONS?
what is law of denam?
let y denote the number of "heads" that occur when two coins are tossed
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