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On a certain airline, the chance the early flight from Atlanta to Chicago is full is 0.8. The chance the late flight is full is 0.7. The chance both flights are full is 0.6. Can we believe the two flights being full are independent events?
A survey of 10 different suburbs in Dallas Texas found the average gasoline to be $ 1.294 a gallon with a standard deviation of $ .0526. What is the critical value using a=.05 and what is the test value.
Five horses are running in a race. I bet that Hot Shot will win first place, and Urawinner will win second. What is the probability that I will win?
When finding percentiles, if locator L is not whole number, one procedure is to interpolate so that locator of 23.75, for instance.
Supposing that both tests measure the same kind of ability, who has the higher score? If grading were done on a curve, what would their respective percentages be?
The following data show the cost of electricity during August 2010 for a random sample of 50 one-bedroom apartments in a large city:
In Excel use the Descriptive Statistics and comment on the mean, the skewness, the standard deviation and kurtosis.
Give an example representing a discrete probability distribution and another example representing a continuous probability distribution. Explain why your choices are discrete and continuous.
If the rainfall was recorded on 27 (instead of 9) randomly selected days throughout the year, the standard error of the mean would be equal to?
"Suppose that we conducted a survey in which we asked 800 people the following question: "In the event of an emergency, would you seek medical assistance at the emergency room of our hospital?"
Discuss the limitation of the expected value approach to assessing the risks of taking on the franchise. What other factors should be considered by Ariba Ltd?
Research on new juvenile delinquents revealed that 38% of them committed another crime. What is the probability that 40 or fewer of the delinquents will commit another crime?
Are the events "Republican" and "30-44" independent? Justify your answer. Are the events "Democrat" and "65+" independent? Justify your answer.
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