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In a certain city, the daily consumption of electric power in millions of kilowatt-hours can be treated as a random variable having a gamma distribution with α = 3 and β = 2. If the power plant of this city has a daily capacity of 12 million kilowatt-hours, what is the probability that this power supply will be inadequate on any given day?
Military radar and missile detection systems are designed to warn a country of enemy attacks. What is the probability that 1 detection system will detect an attack.
how would i set up the following stats questions of the households in the u.s 18 million or 17 have 3 or more
The average stock price for companies making up the S&P 500 is $30, and the standard deviation is $8.20. Assume the stock prices are normally distributed.
A function sometimes associated with a continuous nonnegative random variable is the failure rate (or hazard rate) function which is defined as:
Formulate a linear programming model
The procedure accumulate-n is similar to accumulate except that it takes as its third argument a sequence of sequences, which are all assumed to have the same number of elements.
Suppose that the incomes of all people in the United States who own hybrid (gas and electric) automobiles are normally distributed with a mean of $78,000 and a standard deviation of $8300.
in a study in which k 5 3 n 5 21 x1 5 45.3 x2 5 16.9 and x3 5 8.2 you compute the following sums of squares source sum
Express Courier Service has found that the delivery time for packages is normally distributed, with mean 13 hours and standard deviation 2 hours.
What graph would we display our information if we have measured page thickness from a starting point in the book to a ending point and did this trial 10x. Is a histogram best?
It is believed that population standard deviation is 15 days. If test is conducted using 0.05 level of significance, what conclusion must be reached?
If the rules are now altered so that Carol returns her card to the pack after noting its value, and also, if Carol and David draw the same card all the cards are shuffled and they draw again.
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