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Question: You are organizing an outdoor concert and believe attendance will depend on the weather. You believe the following possibilities are appropriate:
a. What is the expected attendance?
b. Suppose each ticket costs $5 and the fixed costs (tents, band, etc.) are $2,000. What are the expected profits? Graph the probability distribution for profits.
c. What is the most you could pay for the fixed costs and still have an 80% chance of making a profit on the event?
50 33 and 48 students are selected from the sophomore junior and senior classes with 496 348 and 481 students
Suppose you toss ten coins and count the number of heads. What is the probability that the number of heads you count will lie within two standard deviations of the mean?
A large Internet provider conducted a survey of its customers. One question that it asked was how many e-mail messages the respondent had received the previous.
part-11.1 a random sample of n 50 males showed a mean average daily intake of dairy products equal to 756 grams with a
Determine the mean, median, range, and midrange.- Calculate the mean absolute deviation.- Calculate the standard deviation and variance.
The Group of Eight (G8) consists of most of the major world economic powers. It meets annually to discuss pressing world problems.
1. A university is starting a new college of engineering, has extensive funding, and wants to use com- petitive benchmarking. What U.S. universities might be useful as objects of the competitive benchmarking effort?
The following is a list of A = 10 city blocks. Assume that you want to draw a sample of size 50, Please identify the unique IDs of the 50 sample members
I need help comming up with a strategy without playing the game and what is it for parts A-D.
Suppose there are n pairs of observations and ?S is the population correlation between ranks. The four parts of a hypothesis test
A mean of 25 inches and a standard deviation of 5 inches. What is the probability that the area receives at least 30 inches of rain in a year?
A lending firm knows a financial application takes on average 12.8 minutes and has a standard deviation of 2.1 minutes. Conduct a full hypothesis test for this problem
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