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question your company is running an audit on the sleaze company because sleaze has a bad habit of overcharging its
question continuing the previous problem suppose that when sleaze overcharges a customer the distribution of the amount
question your manufacturing process makes parts such that each part meets specifications with probability 098 you need
question one disadvantage of a normal distribution is that there is always some probability that a quantity is negative
question in the game of soccer players are sometimes awarded a penalty kick the player who kicks places the ball 12
question for each of the following uncertain quantities discuss whether it is reasonable to assume that the probability
question the poisson distribution is often appropriate in the binomial situation of n independent and identical trials
question in the previous problem we ran the experiment for a certain number of days and then asked about the number of
question you have a device that uses a single battery and you operate this device continuously never turning it off
question the excel functions discussed in this chapter are useful for solving a lot of probability problems but there
question as any credit-granting agency knows there are always some customers who default on credit charges typically
question claims arrive at random times to an insurance company the daily amount of claims is normally distributed with
question what caused the crash of twa flight 800 in 1996 physics professors hailey and helfand of columbia university
question it can be shown that a sum of independent normally distributed random variables is also normally distributed
question the number of traffic fatalities in a typical month in a given state has a normal distribution with mean 125
question a family is considering a move from a midwestern city to a city in california the distribution of housing
question suppose comdell computer receives its hard drives from diskco on average 4 of all hard disk drives received by
question in the financial world there are many types of complex instruments called derivatives that derive their value
question when you sum 30 or more independent random variables the sum of the random variables will usually be
question the daily demand for six-packs of coke at mr ds supermarket follows a normal distribution with mean 120 and
question many companies use sampling to determine whether a batch should be accepted an n c sampling plan consists of
question suppose that if a presidential election were held today 53 of all voters would vote for obama over mccain you
question a soft-drink factory fills bottles of soda by setting a timer on a filling machine it has generally been
question the time it takes you to swim 100 yards in a race is normally distributed with mean 62 seconds and standard