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When you give a casino $10 for a bet on the "pass line" in the game of craps, there is a 244/495 probability that you will win $10 and a 251/495 probability that you will lose $10. What is your expected value?
Let X denote the temperature at which a certain chemical reaction takes place. Suppose that X has pdf
Consider two urns with the following composition: Urn 1 contains 5 red and 15 black balls, Urn 2 contains 8 red and 12 black balls.
An oil co. is drilling some wells. the results are described as either a dry well or a producer well. Past experience suggests that 10% of exploratory wells are producer wells.
in 1996 it was estimated that about 72 percent of all us households were cable tv subscribers. newstime magazines
find the 95 confidence interval for the difference between two means based on this information about two samples.
discuss the concept of sampling distributions and describe the rationale for their use in making inferences about
Determine the probability of choosing at random license plate which ends in the even number?
Let P be a regular transition matrix and let w be the unique non-zero fixed vector of P. Show that no entry of w is 0.
a sample of 400 female consumers of a product had a mean age of 33 with a standard deviation of 5 and a sample of 500
At 5% level of significance, does this sample prove violation of guideline that average patient must pay no more than $250 out-of-pocket? Write your hypotheses and decision rule.
A new free-trade agreement increases total surplus. Everyone agrees on that. But your friend says, "Big deal, I am not supporting any such policy!" Can you argue why he should? Why he should not?
What proportion of children 10 to 15 years of age would be classified as hyperlipidemic assume that hyperlipidemia is defined as cholesterol level over 200?
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