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A. Scores of high school students on a national mathematics exam in Egypt were normally distributed with a mean of 86 and a standard deviation of 4.
1. Determine the probability that a randomly selected student will have a score of 80 or higher?2. If there were 97,680 students with scores higher than 91, how many students took the test?
B. In a study of television viewing habits among married couples, a researcher found that for a popular Saturday night program, 25 percent of the husbands viewed the program regularly and 30 percent of the wives viewed the program regularly. The study found that, for couples where the husband watches the program regularly, 80 percent of the wives also watch regularly. What is the probability that both the husband and the wife watch the program regularly?
Multiplicative decomposition method
What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type
Walt Disney World Theme Parks offer tourists a wide variety of ticket options. The one thing these ticket options have in common is that they entail a fixed entrance fees and permit consumers to take as several rides as they wish at no additional cha..
Acme Water is a privately owned firm that is sole supplier of water to a rural town in Pennsylvania. The owner of company has provided the manager of firm an incentive to maximize company's profits,
The local operations manager for IRS must decide whether to employee 1, 2, or 3 temporary employees. He determine that net revenues will vary with how well taxpayers comply with new tax code.
Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:
Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.
Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.
Assume that you have a normal distribution with mean =0 and variance =1. Assumee you control a likelihood test for mu =.07 and another likelihood test for mu =8.
You are attending the yearly shareholder's meeting of PIC firm. A fellow stockholder points out that manager of PIC received $100,000 last year, while the manager of a rival company, CUP Enterprises, earned only $50,000.
What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).
Determine what should you do to maximize benefits with respect to values after you acquire a substitute product. Which values should you change more?
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