Determine examples of variables that follow
Determine examples of variables that follow a binomial probability distribution? What are examples of variables that follow a Poisson distribution? When might you use a geometric probability?
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Prove equality using words. As a hint, suppose that there are n+1 people, and one of them has already been assigned to be leader of the group.
Determine the probability that this mean will be less than 755 seconds? Determine the probability that this mean is less than 730 seconds? Determine the probability that this mean is greater than 820 seconds?
Demand for coffee is given by the Qd = 150000-15000p, where p is the market price. The market for coffee is perfectly competitive.
Let A be the event that both of your two hole cards are face cards as well as let B be the event that both your hole cards form pair. Are A and B independent?
Calculate the probability of winning the following types of bets:
Let X be the random variable distributed as Normal(5,4). Find the probabilities of the following events:
Let A consists of outcomes 1, 2, 4 and B consist of outcomes 4 and 5. Determine P(A) and P(B). Determine P( both A and B occur)
SuIn buying a ticket in state-sponsored lottery, one selects a subset T consisting of 6 distinct numbers from set of the first 48 positive integers. After the sales are closed, a machine chooses at random 6 numbers out of these same 48
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