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Question: The owner of the hotel mentioned in Problem falls on hard times and dispenses with replacement of the bulbs. She notices that more than half of the bulbs have burned out before the advertised average lifetime of 3,280 hours and decides to sue the light bulb manufacturer for false advertising. Do you think she has a case?
Problem: Six thousand light bulbs light a large hotel and casino marquee. Each bulb fails completely at random, and each has an average lifetime of 3,280 hours. Assuming that the marquee stays lit continuously and bulbs that burn out are replaced immediately, how many replacements must be made each year on the average?
You plan to buy a house in 6 years. You want to save money for a down payment on the house. You are able to put $256/month in a savings account with an annual rate of 6.67% which is compounded monthly. How much money will be in the account when yo..
After Susan Wong graduated from State University with a degree in Operations Research, she went to work for a computer systems development firm in the Washington, D.C., area.
Estimate for the Trapezoidal rule to give a bound for the error in problem A for the Trapezoidal rule.
Bob decided to mix four drinks for the party: Chaunceys, Sweet Italians, Bourbon on the Rocks, and Russian Martinis. A Chauncey consists of ¼ bourbon, ¼ vodka, ¼ brandy, and ¼ sweet vermouth. A Sweet Italian contains ¼ brandy, ½ sweet vermouth, an..
Derive the likelihood function based on the observed data D - suppose that the trial has 5 dose levels and show that the logistic model can be reparameterized
A well-known bank credit card firm wishes to estimate the proportion of credit card holders who carry a nonzero balance at the end of the month.
A local contractor manufactures the speakers used in telephones. The phone company requires the speakers to ring at a specified noise level (in decibels).
Write the math program along with the constraints - Find the approximate minimum cost flow for the following network using the math program - Who should win the bids for the following lanes in a combinatorial auction?
Simple differential equation modelling the smoke layer depth (y) in a large atrium provided with dynamic smoke extraction system.
The current exchange rate is £1.00 = $2.00. Compute the correct balances in Bank A's correspondent account(s) with bank B if a currency trader employed at Bank A buys £45,000 from a currency trader at bank B for $90,000 using its correspondent rel..
Consider a mass moving in a spherically symmetric potential V(r) = kr, k > 0. This guess for the found state wave function does not fall off fast enough as r goes to infinity. What is the correct asymptotic behavior for very large r
The total cost of her new car was $34,290.08 which included the 6.5% sales tax. Find the cost of the Premier Package to the nearest cent.
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