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Daily fluctuations of the French CAC-40 stock index from March to June 1997 seem to follow a normal distribution with mean of 2,600 and standard deviation of 50.
Find the probability that the CAC-40 will be between 2,520 and 2,670 on a random day in the period of study.
An airplane with room for 100 passengers has a total baggage limit of 6000 pounds. Suppose that the total weight of the baggage checked by an individual passenger is a random variable x with a mean value of 50 pounds and a standard deviation of 20..
an instructor gives his class a set of 13 problems with the information that the next quiz will consist of a random
To what probabilities do each of the following sigma levels correspond to, based on a standard normal curve: 3 sigma, 4sigma, 5 sigma, and 6 sigma? (Hint: Use the NORMSDIST function in Excel.
What is the probability of a fatal accident over a lifetime? Explain your reasoning carefully. Hint: Assume independent events. Why might the assumption of independence be violated?
What is the probability that the team wins tonight and that there will be a large crowd at tomorrow's game?
If the independent r.v.'s Xj, j = 1, . . . , r have the Geometric distribution with parameter p, show that the r.v. X = X1 + · · · + Xr has the Negative Binomial distribution with parameters r and p.
Find the fundamental matrix Z for this chain. Compute the mean first passage matrix using Z.
In order to predict how a school district would have scored when accounting for poverty and other income measures, The Cincinnati Enquirer gathered data from the Ohio Department.
What is the probability that the parents are watching tv
The data is shown in the following table. List each of the assumptions for performing an ANOVA and for each assumption evaluate whether the described study meets the assumption.
an elevator can carry up to 3500 pounds. the manufacturer has included a safety margin of 500 pounds and lists the
An applicant needs a minimum combined score of 1400 to gain admission and what percentage of applicants have combined GRE scores between 1200
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