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1. Twenty percent of the population of Maryland describe themselves as binge drinkers. For a randomly selected group of 5 Maryland residents, use the appropriate statistical table to describe the probability distribution for x 5 the number in the sample who describe themselves as binge drinkers.
Source:Statistical Abstract of the United States 2009, p. 130.
2. A company has installed five intrusion-detection devices in an office building. The devices are very sensitive and, on any given night, each one has a 0.1 probability of mistakenly sounding an alarm when no intruder is present. If two or more of the devices are activated on the same night, the intrusion system automatically sends a signal to the local police. If no intruder is present on a given night, what is the probability that the system will make the mistake of calling the police?
3. A mining company finds that daily lost-work injuries average 1.2. If the local union contract has a clause requiring that the mine be shut down as soon as three workers incur lost-work injuries, on what percentage of the days will the mine be operational throughout the day?
Discuss the time and material pricing method.
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At July 31, Shabbona Company has the following bank information: cash balance per bank $7,420; outstanding checks $762; deposits in transit $1,620; and a bank service charge $20. Determine the adjust cash balance per bank at July 31.
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An increase in the market price of a company's common stock will immediately affect its:
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for supply item abc andrews company has been ordering 125 units based on the recommendation of the salesperson who
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