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Description of ProbabilitiesA survey of MBA students obtained the following data on "student's first reason for application to the school in which they matriculated".
Reason for ApplicationQuality Cost Other Totals
Full time 421 393 76 890Part time 821 986 122 1929
Letting A be the event that a student is full time and let B the event that the student lists school cost as the first reason for applying.
a. Calculate P(B)b. Calculate P(B|A)c. Are A and B independents and I need to justify the answer
Probability: High Risk Apartments. In a local town, there are three separate apartment blocks, A, B and C. Block A contains 10 apartments, of which two contain "High Risk" inhabitants.
Probability Calculating the Expected Value, You give $3 for a bet in a casino game and there is a 253/495 probability that you will lose your $3 and there is a 242/495 probability that you will make a net gain of $3
A difference between the mean number of volunteer hour
Conditional Probability Example I'm trying to set up an excel spreadsheet to solve a statistical probability.Patients 23% (smokers) -18% have a chance of contracting a serious illness
Find the critical value for this hypothesis test.
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Use Excel to perform polynomial interpolation on the given data and try to figure out the degree of the polynomial mathematically - perform polynomial interpolation on the following data.
Probability of Coins Drawn, Suppose you have 6 nickels, 4 dimes, and 2 quarters in your pocket. If you draw a coin randomly from your pocket, what is the probability that
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What proportion of time does Dr. Smith eat a home lunch? d. If Taco Bell costs $3 and a home lunch costs $1 and the Springdale room is free, then how much lunch budget should he allow for his semester, which includes 100 lunches?
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