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What do you conclude about the claim below? Do not use formal procedures or exact calculations. Use only the rare event rule and make a subjective estimate to determine whether the event is likely.
There are thirty-five (35) members in the Kalamazoo Travel Club. Four (4) people will be chosen to win a vacation. How many ways can the four (4) be chosen if all four will win a trip to Greece?
A lottery offers one $1000 prize, one $500 prize, five $100 prizes, and ten $10 prizes One thousand tickets are sold. What should be the price of the ticket if the game is fair?
Joey starts a paper route at age 15 and saves $15 each month in an annuity that pays 6.9%. He continues this habit until he retires at age 68, 53yrs later. a) What will be the value of the annuity
A researcher conducted a study on the effects of stress on migraines. The researcher computed the number of migraines individuals reported during a six-month time frame as a function of the amount o
A number of post-1983 pennies and post-1964 quarters were weighed. Here is a summary of the results: Do the pennies and quarters have the same amount of variation?
In how many ways can 9 identical indistinguishable billard balls be placed in the 4 bins, with no restriction as to the number of balls in each bin?
At a local Panda Express, you can choose one base item from four possibilities (rice, fried rice, vegetable, noodles) and three different entrees from 12 left in the counter. How many different meal
In a repair shop there are 7 cars and 4 pickups to be serviced. A mechanic has time to work on 5 vehicles in a given day. If he chooses to work on 3 cars and 2 pickups today, how many different grou
Find the value of the test statistic, z, in the given situation. The claim is that less that 1/2 of all adults in the US have carbon monoxide detectors. A research survey of 1005 adults resulted in
A bag containing 60 M&M's is opened and the number of each of the different colors is counted and verified against existing percents on the manufacturers' web site.
In a certain state, license plates have three letters followed by three digits. There can be no repetition of any letters with the one exception that the license plate must start with a vowel. Moreo
From a group of 7 paintings 3 are water colors and 4 are oils. In how many ways can you hang 3 paintings along a wall if the first and third must be water colors but the second one must be an oil pa
In a study of exercise, a large group of male runners walk on a treadmill for 6 minutes. Their heart rates in beats per minute at the end vary from runner to runner according to the N(104, 12.5) di
When making a stem plot, how do you round to the nearest hundred when numbers are given in millions. This is question 1.37 from The Basic Practice of Statistics 5th Edition.
Using the internal rate of return as a decision criterion, determine whether or not this proposal should be accepted.
In an Asian country with apopulation of 6 million people, 60000 deaths occurred during the year ending December 31, 1995. these included 30000 deaths from cholera in 100000 people who were sick with
The U.S. Bureau of Labor Statistics publishes data on the benefits offered by small companies to their employees. Only 42% offer retirement plans while 61% offer life insurance. Suppose 33% offer bo
Base on a survey of over 10,000 households, the number of televisions in the home was recorded as given in the table below. Based on the data, find the expected number of televisions in a home.
What is the expected time to complete the project? What is the probability that the project can be completed in 25 days or fewer?
Are the events A and B mutually exclusive? If P(B) = 0.3, are events A and B independent?
A contractor wishes to build 9 houses, each different in design. In how many ways can he place these houses on a street if 6 lots are on one side of the street and 3 lots are on the opposite side?
Is there any significant indication that supports the company's claim of the effectiveness of the medicine?
Peter, Paul, Mary, John and Martha are members of the pastoral council at a local church. They are to be seated at one side of a long conference table in a pastoral council meeting.
Develop a descriptive statistic that can be used to estimate the percentage of all business travelers who use a travel agent to make travel arrangements.