Find out the probability of getting 4 consecutive aces
Probability based on deck of cards.
Find out the probability of getting 4 consecutive aces when four cards are drawn without replacement from a standard deck of 52 playing cards.
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If a student is chosen at random, find out the probability of getting someone who is a man or a woman. Round the answer to three decimal places.
Eighty percent of illegally parked cars in large city get tickets. A sample of 100 illegally parked cars is taken-Determine the expected percentage of tickets issued to these 100 cars?
Determine the break-even point in terms of dollars.
Make a decision if the events A and B are mutually exclusive or not mutually exclusive. A die is rolled.
Assume that a stock has a cost which gives it the same expected rate of return as a bank account. Explain why this is not an equilibrium situation.
Hit or Miss Sports is introducing a new product this year. If it's seeing at night soccer balls are a hit, the firm expects to be able to sell 50,000 units a year at a price of $60 each.
A statistics class has 282 students. The average score on the midterm is a 72, and the standard deviation of this population of students is 12.
You are dealt two cards consecutively without replacement from a standard deck of 52 playing cards. Find out the probability that the first card is a two and the second card is a ten. Round the answer to three decimal places.
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