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1) The daily returns on a portfolio are normally distributed with a mean of 0.001 and a standard deviation of 0.002. What is the probability that the average return for the portfolio over the next 100 days exceeds 0.0015?
2) In May 1983, after an extensive investigation by the Consumer Product Safety Commission, Honeywell agreed to recall 770,000 potentially defective smoke detectors. The Commission suggested that about 40% of the Honeywell detectors were defective. However, Honeywell found only four defectives in a random sample of 2000 detectors and claimed that the recall was not justified. What is the probability of finding at most 4 defective detectors in a random sample of 2000 if, in fact, 40% of all detectors are defective?
Formulate both a numerical and verbal hypothesis statement regarding your research issue. Perform the five-step hypothesis test on data pertaining to your selection.
a random variable x takes values between 0 and 4 with a cumulative distribution functionfx x216 for 0 x 4a sketch
Amalgamated Fruits, Vegetables, and Legumes, an agricultural company, breeds the experimental fruit "kiwana." The company is studying the effects of a new fertilizer on the number of kiwanas per bunch grown on kiwana trees. The regression analysis be..
using probability how can you use probability to improve your chances of winning at a casino. provide specific examples
a refrigerated delivery truck has a load of perishable goods worth 10000. if the refrigeration unit is not cold enough
How many ways are there of obtaining 10 patients expressing a preference for drug A. Repeat for 9 patients. 8 patients. ... 1, 0 patients. Tabulate your results - What is the probability of having eight patients express a preference for drug A if ..
from the courthouse records it is found that in 60 divorce cases the filing for divorce was initiated by the wife 41
shylock enters a local branch bank at 430 p.m. every payday at which time there are always two tellers on duty. the
If an operator can handle at most five calls per minute, what is the probability that the operator will be unable to handle the calls in any 1-minute period?
Let x equal the number of cells activating the alarm when the temperature reaches 100F. Find the expected value and the variance for the random variable x.
a survey reported that 70 of those responding to a national survey of college freshmen were interested in taking summer
assume the life of a packaged magnetic disk exposed to corrosive gases has a weibull distribution with szlig 0.5 and
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