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A certain disease is found in one person in 5000. If a person does have the disease, the test will show a positive result 93% of the time. If a person does not have the disease, the test in 1 out of 500 cases will give a false positive result. Determine the probability of getting a positive test result.
Evaluate the value of beta for each stock. Which of these stocks would you expect to perform best in an up market? Which would you expect to hold their value best in a down market?
Determine the correlation coefficient. Find the predicted value of Y given X = 75. Give an interpretation of the predicted value in the context of the problem.
Does the coin flipping process you just completed illustrate the Law of Large Numbers? Why or why not?
Graphical Solutions in Linear Programming have limited number of decision variables. What is the maximum number of decision variables used in graphical solutions?
What is a three-period moving average forecast for the month of July? What is the slope of the regression equation developed when the Sales data are used to predict the Pounds?
Compute the expected time until the 100 th student arrives. What is the probability that the time between the arrival of the 200th and the 201st student exceeds 2 days?
What is the unregulated competitive equilibrium and what is the social optimum specific tax (per unit of output of gunk) results in the social optimum
Calculate the sample size needed given these factors
Management wishes to schedule workers with specific projects that minimizes total cost and gets all projects done, what would that minimized cost be and Part 1b Which project should be assigned to which worker for minimizing the total cost?
What is the latest possible time that Activity E can be started without delaying the completion of the project and what is the latest time that activity B can start without delaying the project
Use Analyze, Descriptive statistics, Frequencies to summarize nonmetric variables, and create a pie-chart for Year in college and create a histogram for IQ and include the normal distribution.
Describe the direction of the relationship between the Hamstring strength index 60°/s and the Shuttle run test and without using numbers, describe the relationship between the Hamstring strength index 120°/s and the Triple hop index.
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