What is the variance of the random variable
Let X represent the number that occurs when a green die is tossed and Y the number that occurs when a red die is tossed. What is the variance of the random variable X-2Y?
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There are 25 people in a room. What is the probability that at least two have the same birthday?
Find the probability that exactly k white balls will be drawn before the black one is if (a) each ball is replaced before the next ball is drawn and (b) balls are not replaced.
a. What is the expected value of this game? b. What is the house edge for this game, expressed as a percentage of $1?
On November 4, 2011, Blue Company acquired an asset (27.5-year residential real property) for $300,000 for use in its business. In 2011 and 2012, respectively, Blue took $963 and $7,692 of cost recovery.
An insurance company wants to determine if their clients now have a longer life expectancy, on average, so they randomly sample 20 of their recently paid policies. The sample has a mean of 78.6 years and a standard deviation of 4.48 years. What is
While departmental supervisors have been happy with the system, the factory manager has expressed considerable dissatisfaction with the information being generated by the system.
For some types of plants, when plants with different colored flowers are crossbred, one color does not dominate over the other.
Jefferson Company has two divisions: Jefferson Bottles and Jefferson Juice. Jefferson Bottles makes glass containers, which it sells to Jefferson Juice and other companies.
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