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Mean and variance explained in this solution
A school is sending 11 children to a camp. If 25% of the children in the school are first graders, and the children are selected at random, what is the mean and variance of the number of first graders chosen?
Probability and Expected Cash Flow in Marketing Management. Cooper Construction is considering purchasing new, technologically advanced equipment. The equipment will cost $625,000 with a salvage value of $50,000 at the end of its useful life of 10..
Probabilities of deck of cards. A card is drawn from a well-shuffled deck of 52 cards. What is the probability of obtaining a diamond or a card smaller than 5?
Evaluate which equations are under-identified, just-identified, and over-identified.
If the probability of seeing moose in a day in a certain region of Alaska is 0.47, what is the probability of not seeing any moose in a day there?
A company uniformly receives 20 phone calls from 9am -7 pm What is the probability that the number of calls between 12 :00 and 1:00 will be:
Using a suitable change of variables, find the solution of (1/4)y''-((4z 2 +3)/(4z))y'+(z 2 +1)y=z 4 e (2z) , y(0)=y(1)=0.
Real time application of perimeter of a circle. To evaluate the distance travelled using the number of rotations.
minimum spanning tree of a weighted graph is a graph that is drawn with the length of each edge roughly proportional to the value assigned to each edge - Draw a hexagon with vertices and determine the Minimal Spanning Tree in Graph
Solving the word problem using the properties of similar triangles
Finding the difference of the side lengths of a triangle - Find the smallest possible value of BC - AB?
You toss two dice - probability, You toss two dice and compute the "difference," which you will define to be the larger top number minus the smaller top number if the numbers are different, and 0 if the numbers are the same.
Odds of Hitting a Bankrupt on Wheel of Fortune. Assume that the Wheel of Fortune has 24 slots, each subtending 15 degrees. There are two bankrupt slots.
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