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Marketing and Consumer Behavior In the country's 2012 budget, Canada decided to stop production of the penny.47 The government indicated that it costs 1.6 cents to produce each penny, some see the penny as a burden to the economy, and approximately 10% of all Canadians believe the penny is a nuisance. Suppose 50 Canadians are selected at random and asked if they believe the penny is a nuisance.a. Find the mean, variance, and standard deviation of the number of Canadians who believe the penny is a nuisance.b. What is the probability that at most three Canadians believe the penny is a nuisance?c. Find the probability that the number of Canadians who believe the penny is a nuisance will be within two standard deviations of the mean.
MATH1550H: Assignment: Question: A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..
MATH1550H: Assignment: Question: what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?
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MATH1550H: Assignment: Questions: Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.
Caselet on McDonald’s vs. Burger King - Waiting time
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Estimate the population mean
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