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A particular sale involves six items randomly selected from a large lot that is known to contain 10% defectives. Let Y denote the number of defectives among the six sold. The purchaser of the items will return the defectives for repair, and the repair cost is given by X = 3(Y^2) - 2Y + (1/2). In addition to determining the distribution of Y, find the expected repair cost, i.e. E(X).
The fundamental equation says that the change in entropy of the liquid, dS = dE/T, is negative. Is this in violation of the second law of thermodynamics?
Analyze the dynamics of supply and demand to anticipate market equilibrium. Analyze the elasticity of demand and supply and its importance, and the effect of taxes or other public policies.
Sometimes the main purpose of a regression analysis is to determine the nature of the relationship between two variables, and sometimes the main purpose is to use the equation in the future to predict a y value when the x value is known.
Transportation problem using the stepping stone method
A management consultant wants to determine whether the age and gender of a restaurant's wait staff influence the size of the tip the customer leaves.
A jar containing 100,000 marbles. There are 6 colors of marbles in the jar and they are present at frequencies of 2%, 2%, 4%, 10%, 57%, 25%.
a beam has a solid square cross section of 100mm and is simply supported by two supports 3 metres apart. cauculate the
The instructor has "covered" Autocorrelation Function (ACF) and Partial Autocorrelation Function (PACF), but I have not yet grasped a full understanding.
Two students each use a random number generator to pick an integer between 1 and 7. What is the probability that they pick the same number?
a student club has 40 members including stacy and tom.a in how many ways can the club elect different individuals to
Prove that if player i believes at the state of the world ω that the state of the world is consistent, then he believes that every player believes that the state of the world is consistent.
the following data points are expected to follow a functional variation of y ax2 bx c. obtain the values of a b and
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