Find probability that six appears between given times
1000 rolls of a fair die are made. Find the (approximate) probability that 6 appears between 150 and 200 times. If 6 appears exactly 200 times what is the probabilty that 5 will appear less than 150 times?
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For a representative sample of cars, would the correlation between the age of the car and its gasoline economy (miles per gallon) be positive or negative?
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Clay Company has excess factory capacity. Clay is submitting a bid on a job with the following estimated costs: fixed Costs $21,000, and variable cost $33,000.
Obtain a scatter plot matrix of all variables included in the dataset.
Find the (approximate) probability that 6 appears between 150 and 200 times. If 6 appears exactly 200 times what is the probabilty that 5 will appear less than 150 times?
Osawa, Inc. planned and actually produced 200,000 units of product in 2012, its first year of operations. Variable manufacturing cost were $30 per unit. Planned and actual fixed manufacturing costs were $600,000.
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Ace Company began 2012 with $42,000 of cash. During 2012, Ace expected to collect $200,000 from customers during the first quarter, $500,000 in the second quarter.
Ace Company uses absorption costing and plans to produce and sell 12,000 units in 2012 and incur costs per unit of $32 for direct materials, $20 for direct labor.
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