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The annual rainfall (in inches) in a certain region is normally distributed with mean? and variance 16.
a) Over the years,it is found that the probability is 0.02 that the annual rainfall is less than 32 inches. Find the mean of the annual rainfall.
b) Assume the rainfalls in different years are independent . Find the probability that in one of the next 4 years the rainfall will exceed 48 inches
Linda thinks that a rich person is someone who earns a lot of money. Meng thinks that a rich person is someone who has a big house and owns lots of stocks and bonds. How would the distinction between stocks and flows lend clarity to their discussi..
Problem - The random variable Y has the following probability distribution. Find the values of a, b, and c
A solid has a circular base of radius 1. Each cross-section of the solid by a plane perpendicular to the base is a square. Compute the volume of the solid
What do you need to know to determine the number of edges in a forest with n vertices?
Mark transferred songs from his computer onto his portable music player. He transferred 2 6/7 songs in 1 2/3 minutes. How many songs did he transfer per minute?
Jill's Company produces lawnmowers. It has fixed costs of $1000 per week and Variable costs of $70 per lawn mower.
for its breakfast special a restaurant offers fried eggs or scrambled eggs with ham or bacon or sauage plus a choice of 5 different kinds of toast. how many different breakfasts are possible.
A large bag of marble contains 117 blue marbles, 229 red marbles, and 104 yellow marbles. What percent of the marbles are blue?
1. I am deciding on whether to invest 400,000 CAD to open a convenience store in particular spot in Ottawa. I know that the business will be profitable, with income of 70,000 CAD per year, if the store will have in average μ = 60 or more customers..
Hypothesis test for single mean
Proportions are also a valuable tool in business. If the time it takes to do a task is directly related to the cost the business has to charge for that task, any task can be evaluated for the cost.
calculate the future value of an annuity with $500 payment per month invested at 5% compounded monthly after 12 years.
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