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A gambler places one $20 bet on 3 football games and has a 50% chance of winning his bet on each game. The bookie keeps his $20. The gambler is paid later as follows, depending on the number of winners he picked. What is his expected gain? Remember, a loss is a negative gain, and that the bookie keeps the gambler's $20.
Perform a study to compare the characteristics of patients discharged against medical advice from the institution
Jeweller desires to know how many of each item to make each week to maximize profit. Create the integer programming model for this problem (written in format similar to way Problems 1 and 2 were presented).
Develop a mathematical programming model and solve. Discuss your results [total profits, total costs, etc].
If alternate hypothesis mention that m doesn't equal 4,000, determine the rejection region for the hypothesis test?
Fix-It Copiers advertises mean time of 100 minutes for office calls with standard deviation of 25 minutes. What percentages of calls are completed?
What is the city mileage standard deviation for this SUV model?
Probability depends on normal distribution. If a random sample of nine 18 year old men is selected illustrate what is the probability that the mean height
Find the critical value and test statistic value follows normal distribution.
The χ 2 statistic from a contingency table with 6 rows and five columns will have:
An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of two emails per hour. Suppose the arrival of these emails is approximated by the Poisson distribution.
At 0.01 level of significance, is there evidence that mean price is higher at Whole Foods Market than at Fairyway supermarket? Interpret the meaning of p-value in (i).
Describe the data appear the strength of the relationship among variables is sufficient to warrant using linear regression forecasting.
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