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1.) Consider two chains R and S, each having 3 and 6 links respectively. Each link's resisting strength is normally distributed with a mean of 60,000 psi and standard deviation of 5,000 psi.
Determine which chain is generally weaker. Also, plot the probability distribution functions of their resisting strengths.
2.) The annual maximum stage height in a river channel is modeled by a Type I asymptotic distribution of the largest value, with a mean value of 30 ft and a coefficient of variation of 10%.
The stage height at which flooding is known to occur is 40 ft. What is the probability that the annual maximum stage height will exceed this level?
3.) A steel cable consists of 8 high-strength steel strands. The strength of each strand can be modelled by a lognormal RV with a mean value of 50 kips and a coefficient of variation of 10%. What is the probability that the weakest strand will have strength less than 40 kips? Also:
a. Calculate this probability if the cable consists of 16 strands.
b. Of 32 strands.
c. Of 64 strands.
Introduce the aim of this section of the report including an explanation of the data to be analysed. • Use Excel to produce a box and whisker plot for the two sets of booking data
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find a distribution with 10 values between 0 and 10 that has as large a variance as possible
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From the following information related to XYZ Ltd.; you are required to find out (a) contribution (b) Break-even point in units (c) Margin of safety, (d) Profit Total Fixed Costs
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Elaborate bond issue A reference indicating the exacting or different classification or quantity of bonds issued at a specified moment.
Significant discussion has occurred in the literature on making management accounting more relevant to the current business environment, which is dominated by discussions of global
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