Find probability that six appears between given times
1000 rolls of a fair die are made. Find the (approximate) probability that 6 appears between 150 and 200 times. If 6 appears exactly 200 times what is the probabilty that 5 will appear less than 150 times?
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For a representative sample of cars, would the correlation between the age of the car and its gasoline economy (miles per gallon) be positive or negative?
Calculate purchases, gross margin, inventory turn days, accounts receivable turn days, and accounts payable turn days for the years ended 20x2, 20x3, 20x4, 20x5.
Clay Company has excess factory capacity. Clay is submitting a bid on a job with the following estimated costs: fixed Costs $21,000, and variable cost $33,000.
Obtain a scatter plot matrix of all variables included in the dataset.
Find the (approximate) probability that 6 appears between 150 and 200 times. If 6 appears exactly 200 times what is the probabilty that 5 will appear less than 150 times?
Osawa, Inc. planned and actually produced 200,000 units of product in 2012, its first year of operations. Variable manufacturing cost were $30 per unit. Planned and actual fixed manufacturing costs were $600,000.
Find the expected number of men who are next to at least one woman. Hint: define a Bernoulli random variable for each man.
Ace Company began 2012 with $42,000 of cash. During 2012, Ace expected to collect $200,000 from customers during the first quarter, $500,000 in the second quarter.
Ace Company uses absorption costing and plans to produce and sell 12,000 units in 2012 and incur costs per unit of $32 for direct materials, $20 for direct labor.
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