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1. Why is a random variable said to be "random"?2. Indicate whether each of the following random variables is discrete or continuous.
a. The diameter of aluminum rods coming off a production line
b. The number of years of schooling employees have completed
c. The Dow Jones Industrial Average
d. The volume of milk purchased during a supermarket visit.
An experiment with three outcomes has been repeated 50 times, and it was learned that E1 occured 20 times, E2 occured 13 times, and E3 occured 17 times.
identify a peer-reviewed journal article published within the last 5 years that uses probabilities. this article should
How many business students must be randomly selected to estimate the mean monthly earnings of business students at one college?
(a) How many possible committees can be formed? (b) Two of the men refuse to serve on the committee together. How many combinations can be formed with this restriction? (c) How many committees can be formed such that it contains both members of exact..
Use these data to create a data-based CDF for the distribution of weights for lab animals. Estimate the probability that an animal's weight will be less than 9.5 grams.
Woodco manufactures tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. A total of 150 board feet of oak and 210 board feet of pine are available.
The director of Heating and Oil at Mitchell Brothers Company is concerned about the high cost of home heating oil being offered to their customers for the upcoming Fall season in Boston, MA. The company has no possibility of modifying the oil pri..
a sample of alzheimers patients is tested to assess the amount of time in stage iv sleep. the number of minutes spent
a student graduated from a 4-year college with an outstanding loan of 9650 where the average debt is 8455 with a
Construct, a Flexible Budget Performance Report for Canyonland Boat Charter Service for August. What is apparently the major cause of the total overall overhead variance for the month? Explain.
the probability is 33 that a message sent over a communication channel is garbled. if the message is sent repeatedly
What is your conclusion based on both the p-value and critical-value approaches and what is the p- value, and what is your conclusion?
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