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A 5-card poker hand is said to be a full house if it consists of 3 cards of the same denomination and two other cards of the same denomination(of course,different from the first denomination). How many hands of full house are possible?
The quarterly returns for a group of 69 mutual funds with a mean of 2.3% and a standard deviation of 5.9% can be modeled by a normal model. Based on the model N(0.023, 0.059), what are the cut off values for the:
Assume that the market for computer chips is dominated through two comapnies: Intel and AMD. Intel has discovered how to make superior chips and is planning whether or not to adopt new technology.
A random sample of 100 computers showed a mean of 115 gigabytes used with a standard deviation of 20 gigabytes. What is the standard error of the mean.
Two players, Ben and Diana, can choose strategy X or Y. If both Ben and Diana choose strategy X, every earns a payoff of $1000.
Assume you are one of two manufactures of tennis balls. Both you and your competitor have zero marginal costs. Total demand for tennis balls is
Use the above survey results to test the claim that less than half of all Ohio State female students who, if they had a cell phone, would be willing to walk somewhere after dark that they would normally not go. What is the value of the test statis..
Assume that there are 10 pencils available of each color, and different children are allowed to choose the same color.
Is the income elasticity of demand for real cash balances significantly different from one?
Player 1 has the following set of strategies {A1;A2;A3;A4}; player 2’s set of strategies are {B1;B2;B3;B4}. Use the best-response approach to find all Nash equilibria.
The following payoff matrix represents long run payoffs for 2-duopolists faced with the option of purchasing or leasing buildings to use for production.
A hat contains three coins - one gold, one silver and one copper. You will select coins one at a time without replacement until you choose the gold coin. The outcome of interest is the sequence of coins that are selected during this process.
Ken and Gerard are roommates for a weekend and have succeeded in making their living quarters cluttered in very little time.
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