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1. Urn I and Urn II each contains 3 red and 3 white balls. First we transfer one ball from Urn I to Urn II. Then we transfer one ball from Urn II to Urn I. Finally we sample one ball from Urn and it is red. What is the probability the both transferred balls were also red?
2. In the famous "Monty Hall game" there are 3 doors. Monty Hall offers you the opportunity to win what is behind one of the three doors. Typically there was a really nice prize (ie. a car) behind one of the doors and a not-so-nice prize (ie. a goat) behind the other two. After selecting a door, Monty would then proceed to open one of the doors you didn't select. It is important to note here that Monty would NOT open the door that concealed the car. If he had a choice he would open the door on the left with probability p and the door on the right with probability 1 ? p. At this point, he would then ask you if you wanted to switch to the other door before revealing what you had won. Is it to your advantage to switch? (Hint: The answer might depend on p.)
A sales manager wants to know if the sales productivity of her east region is greater than the sales productivity of her west region
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the null hypothesis is to be tested at 95% confidence. Determine the critical value(s) for this test.
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True or False? Bivariate correlation coefficient always has same sign as b 1 in Y = b 0 + b 1 X.
Are number of toilet breaks and amount of beverage consumed related? Describe how? Provide the value of statistic and probability value.
A. Formulate a linear program that can be used to determine the percentage allocation to the bond fund and stock fund. The objective of the problem is to maximize the expected total portfolio return.
an article recommended the following estimated regression equation for relating y vo2max lmin a measure of
a project has the following cash flows. what is the internal rate of return? year 0 1 2 3 cash flow -121000 68150 42200
samples were collected from two ponds in the bahamas to compare salinity values in parts per thousand. several samples
A sample of 40 observations is selected from one somewhat normal population. The sample mean is 102 and the sample standard deviation is 5.
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