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Maximizing the Sustainable Yield
3.17) A lake has a carrying capacity of 10,000 fish. At the current level of fishing, 2000 fish per year are taken and the fish population seems to hold fairly steady at about 4000. If you wanted to maximize the sustainable yield, what would you suggest in terms of population size and yield?
Suppose that you select 2 cards without replacement from an ordinary deck of playing cards. If the first card that you select is a king, what is the probability that the second card that you select is a heart?
Independent events based probability. A company operates a telephone order system for a catalogue of its outdoor clothing products. The catalogue orders are processed in three stages. In the first stage, the telephone operator enters the order int..
A recent study reported that college students study for an average of four hours per day. You believe this figure is too large & you decide to conduct your own test. Find the p value & explain its meaning.
The length of the diagonal of a rectangular billboard.
Perform the last step in the hypothesis test. Do you reject the null hypothesis or fail to reject the null hypothesis?
A rectangular storage unit has dimensions 1m by 2m by 3m. If each linear dimension is increased by the same amount. What increase would result in a new storage unit with a volume 10 times the original?
Basic probability problems
Equation of an Ellipse, Principal and Interest and Lotto Probabilities, Among the professionals you have interviewed for your article , were several state and federal government spokespersons who use linear equations in a variety of ways.
Standard normal probabilities. According to an article in The New York Times, 19.3% of New York City adults smoked in 2003. Suppose that a survey is conducted this year.
Explain all the different factors that might cause a confidence interval for μy/x0 to increase in width. [There are five. Look at the formula for the confidence interval, but please EXPLAIN THE FACTORS THAT COULD MAKE THE INTERVAL WIDER IN PLAIN ENGL..
Find the percentage of customers spent less than $20
In recession, congress decided to stimulate the economy by providing funds to hire unemployed workers for gov. projects. Suppose the t months after the stimulus programs have begun, there are N(t) thousand people unemployed, where:
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