Assume that the smiling time of eight-week old babies, in seconds, follows a uniform distribution between 0 and 23 seconds, inclusive. This means that any smiling time from 0 to and including 23 seconds is equally likely.

Let X = length, in seconds, of an eight-week old baby's smile.

Find the 90th percentile for an eight week old baby's smiling time.

Evaluating the p-value for mortgage rate for small banks : At.01 significance level, can we conclude that 30-year mortgage rate for small banks is less than 6%? Evaluate the p-value. |

Computation of npv of the project : Computation of NPV of the project and the Crescent Company is considering the purchase of a new machine costing |

Probability-uniform distribution : What is the probability that a randomly chosen eight-week old baby smiles between 2 and 18 seconds? |

Historical performance of a company : Analyzing the productivity and profitability of the company and historical performance of a company |

Inverse probability based on the uniform distribution : Assume that the smiling time of eight-week old babies, in seconds, follows a uniform distribution between 0 and 23 seconds, inclusive. This means that any smiling time from 0 to and including 23 seconds is equally likely. |

Computation of net income and annual rate of return and npv : Computation of net income and annual rate of return and NPV and Continuing the previous problem and Apricot Company had sales |

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Pattern of correlation is statistically important : Explain in words general pattern of correlation is statistically important. |

Conditional probability based on uniform distribution : Assume that the smiling time of eight-week old babies, in seconds, follows a uniform distribution between 0 and 23 seconds, inclusive. This means that any smiling time from 0 to and including 23 seconds is equally likely. |

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