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Determine the present worth of a series of annual deposit of 1200 during years 5 through 14 and a series of withdrawals of 1800 through years 3 to 13. The interest rate is 5 percent.
A biased coin with probability of head being .6 is tossed 12 times. What is the probability that number of head would more than 4 but less than or equal to 10.
magic valley memorial hospital administrators have recently received an internal audit report that indicates that 15 of
Find the probability that x is less than or equal to 8 using the normal approximation to the binomial and what is the probability that less than 7 of the calculators will be defective?
f no more than 5% of the containers are to weigh less than 15.8 oz, what must the standard deviation of the weights equal?
The average age for all medicare patients in the USA is 75. A sample from a clinic shows that the average age of the clnic medicare patients is 78.
given that z is standard normal random variable compute the following probabilitiesa p-1lt-zlt-0b
What is the probability that in any particular cookie being inspected five or more chip parts will be found if the mean number of chip parts per cookie is 6.3.
A random sample of 16 ages is drawn from the population, and we find the sample mean of these observations to be μ = 8.76. What is the value of the test statistic?
The probability that a claim is filed in a given year is 0.05, independently of preceding years. What is the PMF of the total premium paid up to and including the year when the first claim is filed?
If the claim says that the population mean is greater than 200 and the sample mean is 215, we can say that the claim is true even without a formal test.
It takes between 6 to 7.5 hours to drive from Panama City to Boquete, and the drive time is uniformly distributed.
From these we calculate = 129.44; = 122.65; sx = 9.15; sy = 11.02. Perform the test H0: against the alternative H1:, using the two sample t-test, and state any assumptions you may require to do this test.
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