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Economics and Finance Most banks charge a monthly fee for a checking account, in addition to ATM, overdraft, and other fees. However, 72% of credit unions offer checking accounts with no monthly fees.36 Suppose a bank auditor selects credit unions at random.a. What is the probability that the second credit union selected will be the first to offer free checking?b. What is the probability that the first credit union to offer free checking will be one of the first three?c. Suppose the first credit union to offer free checking is the 10th selected. Is there any evidence to suggest that the claim (72%) is false? Justify your answer.
MATH1550H: Assignment: Question: A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..
MATH1550H: Assignment: Question: what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?
MATH1550H: Assignment: Question: Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form
MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?
MATH1550H: Assignment: Questions: Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.
Caselet on McDonald’s vs. Burger King - Waiting time
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Conduct a marketing experiment in which students are to taste one of two different brands of soft drink
Find out the probability
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