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Question: On May 11, 2013 at 9:30 PM, the probability that moderate seismic activity (one moderate earthquake) would occur in the next 48 hours in Japan was about 1.08%. As in Example, you bet that a moderate earthquake will occur in Japan during this period. If you win the bet, you win $100. If you lose the bet, you pay $10. Let X = the amount of profit from a bet. Find the mean and standard deviation of X.
shares of company a cost 10 per share and give a profit of x. independently of a shares of company b cost 50 per share
The probability of occurrence (P(X)). Compute the Expected Value (Mean), The Variance, and The Standard Deviation for this random variable.
STAT11048 (T1, 2016) - Assessment. In a mathematics test, a random sample of 2025 sixth graders had a mean score of 68.1 and a standard deviation of 9. Calculate the 95% confidence interval for the population mean
The table below shows information about the number of goals scored by a football club in eahc of its last 45 games. find the median number of goals. Show your working clearly.
Use the normal approximation to the binomial distribution and part (b) to answer the following question: What is the probability that a seat will be available for every person who shows up holding a reservation?
a confidential and voluntary survey conducted in sta 3024 in the spring of 1999 asked the students questions about
For many years TV executives used the guideline that 30 percent of the audience were watching each of the prime-time networks and 10 percent were watching cable stations on a weekday night.
What is the probability that none of the next eight customers who order beer will order light beer? What is the probability that one customer will? What is the probability that two customers will?
1) Suppose that 25 examinees are picked at random. Let X be the mean GMAT score of the 25 examinees selected. Find the mean and standard deviation of the sample mean GMAT score X. 2) Find the probability that the mean GMAT score X of the sample of ..
Margaret knows that the weekly average amount of time a student living in the dorms actually spends in the dorm follows a normal curve with mean of 92 hours with variance of 81 nationwide. What is the probability that a randomly chosen student has..
1. (a) Find the moment-generating function for a gamma probability distribution with parameter α > 0 and β > 0. [Hint: In the integral representation of E(etX), change the variable t to u = (1 - βt)x/β, with (1 - βt) > 0.] (b) Using the mgf of a ..
Standard deviation of 0.17 ounces, assuming the weight of cereal is normally distributed, determine the likelihood that a package will contain more than 12.2 ounces?
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