Landing gear will survive
An aircraft lanfing gear has the probability of 10-5 per landing of being damaged from excessive impact. Determine the probability that the landing gear will survive a 10,000 landing design life without damage?
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Employ a 0.05 significance level to test the claim that this sample is from a population with mean weight equal to 2.5g. Determine the test statistic and what is the p-value?
A monopoly is considering selling several units of the homogeneous product as single package. A typical consumer's demand for product is Qd = 100 - 0.5P, and the marginal cost of production is $130. Determine the optimal number of units to put in
You're the owner of local Honda dealership. Unlike other dealerships in area, you take pride in your "No Haggle" sales policy. Last year, your dealership earned record profits of $2 million. In your market, you compete against two other dealers, a
On January 1, 1981, Nick wins $150,000 in the lottery and he invests overall amount in two stocks, stock X and stock Y. At the end of 1981, he sells both stocks for total profit of $30,000. If he earned 14% on stock X and 29% of stock Y, how much
Compute the battery failure probability under normal operating conditions. Compute the conditional probability that the battery will fail, given that the other has failed.
The probability that sample proportion of Americans who intend to reduce their debt is less than 0.40 is _(Answer 1)_.
A population of sports teams is comprised of 26 individual teams. We wish to randomly sample 4 teams for observation. If each team has an equal likelihood of being selected, what is the probability that any given sample of size 4 will be selected?
Heights of children entering kindergarten are normally distributed with the mean height of 103cm and a standard deviation of 1.27cm. Compute the probability that a random sample of 8 children will have an average height more than 103.5cm?
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