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An individual has $ 100 initially. He repeatedly plays a game of chance in which he earns $ 100 with probability 0.8 or loses $ 100 with probability 0.2. The stops playing at the f
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Company hopes to improve customer satisfaction, setting a goal of no more than 5% negative comments. A random survey of 350 customers found only 14 with complaints. Does this provi
If 9 population means are not all equal with a conclusion from ANOVA, we should expect that?
A sample of 40 golfers showed that their average on a particular course was 94 with a standard deviation of 6. a. Find the 95% confidence interval of the mean score for all golf
Uses of mean
What is meant by the full cost of a product? Many organizations use the expression top dollars to mean the complete creating or technology cost of a product. To this organiz
1.The resumés of 2 males applicants for a college teaching position in chemistry are places in the same file as the resumés of 2 female applicants. Two positions become available a
Let the national income model be: Y= c+1+G C=20+0.6y I=0.2y G=20 Where y= income, C= consumption, I= investment and G=government expenditure find y, C and I from the model. By quan
how do i calculate standard deviation for a frequency distribution
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