Certain kind of appliance requires repairs
A certain kind of appliance requires repairs on the average once every 2 years. Assuming that the times between repairs are exponentially distributed, what is the probability that such an appliance will work at least 3 years without repairs?
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For the following statement, write the null hypothesis and the alternative hypothesis. Also label which one is the claim. A car manufacturer claims that their cars makes at least 35 miles per gallon of fuel.
The monthly utility bills are normally distributed with a mean value of $160 and a standard deviation of $25. A) find the probability of having a utility bill between $120-$180 dollars.
A random sample is obtained from a normal population with a mean of µ = 80 and a standard deviation of s = 8. Which of the following outcomes is more likely? Explain your answer.
Use the normal distibution to approximate the binomial distribution. USA today reported that 15% of all books are of the romance genre. If a local bookstore sell 316 books on a given day. Find the probabiltiy that exactly 58 are romances?
A realistic estimate for the probability of an engine failing on a transatlantic flight is 1/14,000. Using the probability and binomial probability formula to find the probabilities of 0, 1, 2, and 3 engine failures for a three-engine jet and the
Determine present value PV of annuity necessary to fund withdrawal given. (Suppose end-of-period withdrawals and compounding at same intervals as withdrawals.)
Find the probability function for Y. Find the probability function for Y.
Suppose sequence is arithmetic. Determine function a(n) which explains sequence and determine 19th term of sequence
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