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A die is rolled twice. What is the probabilty that the sum of the faces is greater than 7, given that:
A production run of toothpaste requires a fixed cost of $100,000. The variable cost per unit is $3.00. If 50,000 units of toothpaste will be sold during the next month, what sale price must be chose
Question: Five factories reported the following numbers of minor accidents in a year:
What are the conditional probabilities of X and Y occurring, given that A, B or C has already occurred?
Four mutually exclusive events A, B, C and D have probabilities of 0.1, 0.2, 0.3 and 0.4 respectively. What are the probabilities of the following occurring:
A food company wanted to know if the amount of taste enhancer added to one of its products has any effect. It ran a test by adding eight different amounts and asking a panel of tasters to rank the r
If the hall capacity is now 300 people, how much should Blaymount spend on advertising?
He sold one-fifth of his crop at the first markey, 40 at the second, 25% of the remainging ar the third, abd twice what he sold at the second and at the fourth market. If Mr Green has one pumpkin re
Of employees in entertainment industry, 0.4 work part itme and 0.49 earn more than $20540 ANNUALLY. If 0.36 of employees work full time and earn more than $20540, what proportion of employee's are f
Suppose a hacker selects a password at random. Determine the following probabilities (round the answers to 3 significant digits):
A certain state has license plates showing 3 numbers and 3 letters. How many different license plates are possible:
Analyze three accounting standards promulgated by the FASB and show how economic consequences (rather than representational faithfulness) influenced the shaping of the standard (your professor may s
Would changing the asset definition in the conceptual framework to one concerned with property rights have any other ramifications? Discuss.
What is the probability of receiving 20 drive through orders in one hour? What is the probability of there being a ten minute gap between orders?
There are three different routes connecting city A to city B. How many ways can a round trip be made from A to B and back? How many ways if it is desired to take a different route on the way back?
What is the probability that 1 detection system will detect an incoming missile? How many detection systems would you recommend operating? Why?
Compute the expected value of the size of the freshman class. (Assume each size listed above is equally likely). Compute the standard deviation of the size of the freshman class.
Is it reasonable to conclude that the students at the University of Florida sleep less than the typical American? Compute the p-value.
Is x a discrete or continuous random variable? Explain. Sketch a graph of the probability function f(x). Explain how you determined the shape of the graph.
Obtain a 95% confidence interval for the difference between the mean rates of return. Interpret the interval.
The preliminary survey results just came back on thespecialty catalog project, and they look great! The average planned order size was $42.33, well above the $15
An education study gives information on the study mode (full-time or part-time) of students studying for a post-school qualification as well as their employment status. This information is summarise
Assume that the number of All Ordinaries shares traded daily on the ASX is a normal random variable with a mean of 935 million and a standard deviation of 262 million. For a randomly selected day, w
Suppose that the download times for the site are normally distributed with a standard deviation of 0.5 seconds. If you select a random sample of 30 download times: (a) What is the probability that t