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1. In backgammon, one rolls a pair of two fair dice. The probability of getting a sum of 7 is:
A) 3/36. B) 4/36. C) 5/36. D) 6/36. E) None of the above.
2. A game involving a pair of dice pays out $4 with probability 16/36, costs you $2 with probability 14/36, and costs you $6 with probability 6/36.
What is your expected gain, in dollars, per play?
A) -$1.78 B) -$8 C) $0 D) $8 E) $1.78
Carry out suitable multiple comparison procedure to determine the source of the difference.
Compute a 5-month moving average forecast for June through January.
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Compute the sample variance and sample standard deviation as a measure of volatility of monthly total return for Chevron (to 2 decimals): Sample variance and Sample standard deviation.
At.05 significance level is it reasonable to conclude that it takes longer to determination software issues? Determine the p-value?
Assuming the nurses surveyed were a simple random sample from the population of all nurses in the United States, find the appropriate null hypothesis for these data
Determine whether or not the mean waiting time of all customers is significantly more than 3 minutes.
Let X be the number of yes votes obtained from a random sample of 200 out of the entire voting population. What is the expected value of X if, in fact, 65% of all voters supported the dictator?
Find the confidence interval for the mean price, μ, of all dealer sticker prices of new cars: for a confidence level of 90% in thousands of dollars:
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Since she is allowed to reserve one time if her first serve is out what should her serving strategy be?
Compute mean and standard deviation for sample of N = 8 females and sample of N = 8 for males.
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