Probability that those three horses finish first
A horse race has 12 entries and one person owns 3 of those horses. Assuming that there are no ties, what is the probability that those three horses finish first, second and third?
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Pieces of vulcanite were examined according to porosity and dimensional defects and the results are shown below. Test the hypothesis that the two criteria of classification are independent. Specify alpha.
Purchases of inventory are all on credit and 50% is paid in the month of purchase and 50% in the month following purchase. Budgeted inventory purchases are $65,000 in July, $45,000 in August, and $21,000 in September.
EasyWriter manufactures an erasable ballpoint pen, which sells for $1,75 per unit. Management recently finished analyzing the results of the company's operations for the current month.
The following data set gives the scores of 50 students of an engineering exam. The results are shown below. Test at the 1% level of significance that these data follow a normal distribution.
December 30, to record the employer's payroll taxes on the payroll to be paid on December 31. Of the total payroll for the last week of the year, $25,000 is subject to unemployment compensation taxes.
Consider an experiment in which our sample space is S={1,2,3,4,5,6,7}.Also E1={1,2,4}, E2={2,3,4,5,6}, E3={7}. Describe the outcomes in each one of the following events:
Willow Creek Corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year. At the beginning of the most recently completed year, the company estimated the labor hours for the upcoming year at 38,500 labor ho
A Garage door opener has six toggle switches, each with three settings: up, center, and down.
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