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Employment data at a large company reveal that 72% of the workers are married, 38% are college graduates, and half of the college graduates are married. What is the probability that a randomly chosen worker is: Neither married nor a college graduate?
What types of sources of capital can be employed in a transaction? Pick a single source of capital and describe why/under what circumstance you would use this type source.
A group of children can be classified according to eye color (blue, brown, green), gender (male, female), and hobby (collecting stamps, collecting baseball cards, collecting shells, collecting stickers).
First k is repeated (possibly by using some of the first k flips). Show that the expected number of additional flips after the initial k is 2^k?
Four of calculators are selected to be sent to local high school. How many selections can be made using original shipment?
The company statistician has reported the mean number of man-hours lost per month but did not keep a record of the total sum. Should the manager order the study repeated to obtain the desired information? Explain your answer clearly.
Find the asymptotic distribution of the MLE of the indicated parameter and find formulas for approximate standard errors of the MLE.
In a completely randomized experimental design, 18 experimental units were used for the first treatment, 10 experimental units were used for the second treatent, and 15 experimental unites were used for the first treatment.
Based on the answers to a through d, decide whether or not to reject the null hypothesis at the given significance level. Explain your conclusion in the context of the problem.
When bucketing data for a histogram what is the standard way of dealing with data entries that are on the boundary of two buckets?
A professor in the psychology department would like to determine whether there has been a significant change in grading practices over the years.
Create the corresponding decision tree and make recommendations.
Assume duration of human pregnancies follow mound-shaped distribution with mean of 266 days and the standard deviation of 16 days.
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