User Account

All Pages

Free shopping sprees to two lucky customers

Assignment Help Basic Statistics
Reference no: EM131044870

A department store is holding a drawing to give free shopping sprees to two lucky customers. There are 14  customers who have entered the drawing: 4  live in the town of Gaston, 6  live in Pike, and 4  live in Wells. In the drawing, the first customer will be selected at random, and then the second customer will be selected at random from the remaining customers. What is the probability that both customers selected are Pike residents?

Report your answer as an exact fraction.

Reference no: EM131044870

Questions Cloud

Surveyed those graduating in the major : A political science department surveyed those graduating in the major to see whether they were going to graduate school in the same proportions as those from similar colleges. They reported their conclusion as follows:
What do think controls appearance form of continental margin : Describe the relationship, if any, of the boundaries in #1 to the features that you labeled in #2. Describe the relationship, if any, of the boundaries in #1 to the islands that you labeled in #3.
Larger process of trying to keep the shareholders satisfied : The dividend strategy is part of the larger process of trying to keep the shareholders satisfied. A good thing for job security… Clearly, senior managers need to be strategic, but still be aware of the short-term consequences. However, decisions that..
A company incurs a capital expenditure : A company incurs a capital expenditure that may be amortized over five years for accounting purposes, but over four years for tax purposes. The company will most likely record:
Free shopping sprees to two lucky customers : A department store is holding a drawing to give free shopping sprees to two lucky customers. There are 14  customers who have entered the drawing: 4  live in the town of Gaston, 6  live in Pike, and 4  live in Wells.
What is best estimate of the current stock price : Your company’s last dividend was $1.75. Its dividend growth rate is expected to be constant at 25% for 2 years, after which dividends are expected to grow at a rate of 5% forever. Its required return (RE) is 12%. What is the best estimate of the curr..
About mergers as well as to perform the merger analysis : Hager’s management is new to the merger game, so Zona has been asked to answer some basic questions about mergers as well as to perform the merger analysis. Among the more prominent are (1) tax considerations, (2) risk reduction, (3) control, (4) pur..
Randomly drawn from the urn in succession : An urn contains 8 green and 7 black balls. Four balls are randomly drawn from the urn in succession, with replacement. That is, after each draw, the selected ball is returned to the urn.
Online transaction-contacted customer-service representative : In general, shopping online is supposed to be more convenient than going to stores. However, according to a recent Harris Interactive poll, 87% of people have experienced problems with an online transaction (The Wall Street Journal, October 2, 2007)...

Reviews

Write a Review

Basic Statistics Questions & Answers

  How would you define the population of this study how

a health researcher plans to conduct a mail survey of a sample of us doctors to ask about their attitudes toward drug

  Determining population percentage by level of significance

Does this result support original claim, or is population percentage considerably less than 45%. Use alpha=.05 for level of significance.

  Significant difference between two amounts quoted

At the .10 significance level, can we conclude that there is a difference in the amounts quoted?

  Make a histogram of the data use class sizes of 15 or 2 to

this info given - breast-feeding mothers secrete calcium into their milk. some of the calcium may come from their bones

  Describe test statistic and p-values

Test a hypothesis to see if this proportion has changed since 1985. I have the standard error and a t-score of 1.660. I need the test effect, test statistic and p-values.

  What is the probability that a bag that triggers the alarm

All bags entering a research facility are screened. Ninety-seven percent of the bags that contain forbidden material trigger an alarm. Fifteen percent of the bags that do not contain forbidden material also trigger the alarm. If 1 out of every 1,0..

  Informed consent from all human participants

Researchers must obtain Informed Consent from all human participants in a research study. Informed Consent requires that participants are informed of the following (check all that apply):

  Determine expected value and variance

compute the expected value and variance of U.Determine Expected value and variance using uniform distribution.

  Determining multiple determination

You decide to predict gasoline prices in different cities and towns in the U.S. for your term project. Your dependent variable is price of gasoline per gallon and your explanatory variables are per capita income

  Find covariance and correlation coefficient

The times that a cashier spends processing each person's transaction are independent and identically distributed random variables with a mean of 1.5 minutes and standard deviation of 1 minute.

  Find the probability of randomly selecting someone with

Using continuity Correction. There are many situations in which a normal distribution can be used as a good approximation to a random variable that has only discrete values. In such cases, we can use this continuity correction.

  Probabilities in a powerball lottery game

Powerball is a lottery game. It involves choosing five white balls from a drum containing 55 balls and one red ball from a drum containing 42 balls. A player must match all five white balls and the red ball to win the jackpot.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd