Determine the probability that the first player
A deck of playing cards has all aces and all the number cards removed. The twelve face cards remain. After shuffling, each of three players is dealt a card. (i) Determine the probability that the first player gets a king?
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A survey indicates that 33% of consumers from certain region are willing to spend extra for products and services from socially responsible companies. The researchers determine these consumers as socially conscious consumers.
A large number n of blood samples are to be screened for HIV. Testing each sample separately needs n tests. Pooling half of each sample needs one test if all samples are free from HIV, while if at least one is defective
A random variable is BLANK as if the number of all possible outcomes is infinite set of possible numbers and BLANK if set of all possible outcomes is finite or enumerable set.
A basketball player has made 75 out of 100 free throws throughout the season. She is about to shoot her next free throw. For $7 you can purchase a betting ticket that "pays off" $10 if she makes it. Would you buy a ticket? Would you buy more than
In a group of students, 25% smoke cigarettes, 60% drink alcohol, and 15% do both. Determine the probability that a randomly selected student from the group has at least one of these "bad habits"?
Asymmetrical violence has historically accompanied eras of global economic expansion and rapid technological change. Discuss how the technologies might and movements of goods, people, and money that power globalization also inspire violence?
Explain how much do you have to pay for a bond rate that pays 6% dividend compounded semiannually, with a face value of $5,000 that is going to be paid in 5 years? The buyer wants to have an interest rate profit of 8% compounded semiannually.
Estimate the (own) price elasticity of demand. Assume the following: own price is $3, income is $60,000, the market has 1,000,000 potential customers and the price of natural gas is $4. (The following numbers are absolute values.)
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