Randomly-chosen minute
On Saturday morning, calls arrive at TicketMaster at a rate of 108 calls per hour. What is the probability of fewer than 3 calls in a randomly-chosen minute?
Answer
.2678
.8913
.7306
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The A stock had returns of 9%, -6%, 4%, and 10% over past four years. Determine standard deviation of the stock for past 4 years?
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If truck can carry 3880 lb. and 24 appliances need to be picked up, determine the probability that the 24 appliances will have an aggregate weight greater than the truck's capacity? Suppose that the 24 appliances represent the random sample. If th
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