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Suppose you need to pay your air-ticket of $2400 for a European trip in 12 months. If you deposit money now, you can earn 7% per annum with a 50% probability, 6% with a 25% probability and 8% with a 25% probability. How much do you need to invest today?
breaking strength in kg of the front part of a new vehicle is normally distributed. in 10 trials the breaking strengths
What is the minimum length of the bench if you want a 0.975 probability that it will fit the combined hip breadths of 18 randomly selected men?
What is the difference between a fixed-effects ANOVA model and a random-effects ANOVA model? When do we use each?
Find a value t such that the probability of the paint taking at least t minutes to dry is 0.75 - what is the probability that the paint will still be wet
Suppose business has been good and the company gives every employee a $50 raise. Tell the new value of each of the summary statistics.
X(t) is a wide sense stationary stochastic process with autocorrelation function RX (τ ) = 10 sin(2π1000t)/(2π1000t). The process Y(t) is a version of X(t) delayed by 50 microseconds: Y(t) = X(t - t0) where t0 = 5 × 10-5s.
This model is fit to the data using the method of least squares using statistical software, and the following ANOVA table is obtained
The monthly sales of a mobile phone shop have been distributed with a standard deviation of $900. A statistical study of sales in the last nine months has found a confidence interval for the mean of monthly sales with extremes of $5663 and $6839.
What does the shot noise on the power line look like? - Sketch a possible member function of the shot noise process.
one manufacturer of aspirin claims that the proportion of headache sufferers who experience relief by taking only two
Production line workers assemble 15 automobiles per hour. During a given hour. four are produced with improperly fitted doors.
a recent survey compared the monthly incomes of electrical engineers with that of civil engineers. a sample of 13
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