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According to a weather forecaster's subjective probability assessments, the probability of record-breaking rain during this year in Jamshedpur is 0.01. However, if Ranchi has a record-breaking rain, the probability is 0.5 that Jamshedpur will have a record-breaking rain. If Ranchi and Rourkela both have record-breaking rain, the probability that Jamshedpur will have record-breaking rain is 0.8. The probability that Ranchi will experience record-breaking rain if Rourkela experiences record-breaking rain is 0.6. The probability that Rourkela will experience record-breaking rain is 0.02. What is the probability that all three places will have record-breaking rain during this year?
Singer & Mcmann are partners in business. Singer''s original capital was $40,000 and Mcmann''s was $60.000. They agree to salaries of $12,000 and $18,00 respectively and 10% inte
What is sampling fluctuation
1. This question has multiple parts. For a distribution of scores with = 82 and standard deviation = 2.5, find the following: (Don't forget to sketch the normal curve to help
what is base case NPV?
Write a report to an investor comparing the performance by using the financial statements between two different companies
What are the major advantages of the Single Entry System? Ans. A Single Entry system is considered to be the most simplest method to record the financial transaction, only cash bo
Your company operates a machine shop, and, having heard you had experience in statistics and design of experiments, consulted you for your opinion on an experiment they want to run
identify a research report published by reputable agencies and evaluate the following ;the problem that was addressed
y=c+1075x, when x was 2, and y was 239, given that y intercept was 11. Calculate the residual
SkyyMarley Airlines has determined that the price elasticity of demand for two customer segments (Coach and Business Class) is -1.35 and -2.50. Based on their expectations of prof
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