Probability distribution for the number of successes
A binomial process has a probability of success of 0.15. If eight trials are run, what are the mean number of successes and the standard deviation? What is the probability distribution for the number of successes?
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In a town, 60% of families are known to drive European cars. In a sample of 10 families, what is the probability that at least 8 drive European cars? In a sample of 1,000 families, what is the probability that at least 800 drive European cars?
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Week 2, Hi, Please find the attachment files, I need to make 3 PARAGRAPHS for the 3 Questions. You will find 3 Paragraphs for questions 1,2 and 2 Paragraphs for question 3. I NEED FROM YOU TO DO 1 PA
Sentinal Phoneback answers customer enquiries with telephone calls. When they timed a sample of 40 calls, they found a mean duration of 14.9 minutes and a standard deviation in duration of 2 minutes. What are the 95% and 99% confidence intervals f
Write a short memo to the management team explaining the meaning of break-even analysis. Include contribution margin and illustrate that concept with an example using numbers.
What is Capital Investment Analysis? Identify four capital investment analysis models discussed in the chapter and discuss the strengths and weaknesses of each model?
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