Probability of jet fighter surviving combat mission
The probability of jet fighter surviving combat mission is 0.8 and three fighters are required for the success of the mission. How many fighters should be sent on the mission in order to attain a 95% probability of success?
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Investment is $2 trillion, consumption is $6 trillion and the government purchases are $2.5 trillion. The country exports $1 trillion and imports $1.5 trillion. Identify the net exports and solve for the level of aggregate demand.
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Assume that, initially, the Michigan economy is in equilibrium with no unemployment. The demand for workers is ED = 16,500,000 - 300w and the supply of workers is ES = -1,000,000 + 200w, where w = annual wages, and E = number of employed workers.
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Determine the probability that his flight is on time AND his luggage makes the connecting flight? Determine the probability that his flight is on time OR his luggage makes the connecting flight?
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