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Probability

Statistics

A frequency distribution is shown below. Complete parts (a) through (e). The number of dogs per household in a small town Dogs 0 1 2 3 4 5 Households 1157 417 168 45 26 16 a) Use the frequency distribution to construct a probability distribution. X

Statistics

Students in a class take a quiz with eight questions. The number x of questions answered correctly can be approximated by the following probability distribution. Complete parts (a) through (e). X 0 1 2 3 4 5 6 7 8 P(x) 0.02 0.04 0.05 0.05 0.11 0.24

What is the probability it was from manufacturer 2

2) The Positively Charged company uses capacitors from two different manufacturers. Historically, 60% of the capacitors come from manufacturer 1. While 90% of capacitors from manufacturer one pass quality-control checks, only 75% of the capacitors from manufacturer two pass the checks. A capacitor selected at random is found

Quantitative Research methods

Need assistance with working a problem dealing with quantatative research. Please provide me with the step by step process to resolve this problem. The economy is coming back. John's boss is considering launching a new product. The plant engineers have stated that if demand is high, the company will make $70 million dollars

Probability with a table (Please assist with the attached problem).

You are taking two courses during winter session, math and history, and your subjective assessment of your performance is Event Probability fail both courses .05 fail math (irrespective of whether or not you fail history as well) .15 fail history (irrespective of whether or not you fail math as well) .08 Let's develop

Probability

Suppose that a tribal culture was discovered in the South Pacific whose language consists of only eight letters, A, D, E, I, O, R, S, and T. Assuming that all possible arrangements of these letters could be words: a) What is the maximum possible number of 6-letter words that this tribe can have? b) What is the maximum poss

Bond Valuation, Stock Valuation, Preferred Stock Required Return, Preferred Stock Valuation, Bond Valuation/ YTM/ Interest Rate Risk, Bond Returns, Stock/ Business Valuation, CAPM Capital Structure Decisions & Credit Ratings Dividend Adjustment Model Dividend Policy Bond Funding: Public/Private Placement Net Advantage to Leasing

A1. A $ 1,000 face value bond has a remaining maturity of 10 years and a required return of 9%. The bond's coupon rate is 7.4%. What is the fair value of this bond? A 10. (Dividend Discount model) Assume RHM is expected to pay a total cash dividend of $5.60 next year and its dividends are expected to grow at a rate of 6% per

Probability Questions for Chemical Effectiveness

QUESTIONS ON PROBABILITY From the book entitled Finite Mathematics (8th Edition) by Margaret L. Lial. Raymond N. Greenwell, and Nathan P. Ritchie NOTE: Step-by-Step walk through of problems is a must! 1. Distribution. An oil refinery in Tulsa sells 50% of its production to a Chicago distributor, 20% to a Dallas di

Mathematics

Problems need solving by showing all work in word format or excel format (if excel one page per problem) 1. Evergreen Fertilizer Company produces fertilizer. The Company's fixed monthly cost is $25,000 and its variable cost per pound of fertilizer is $0.15. Evergreen sells the fertilizer for $0.40 per pound. Determine the

Probability

Control A certain machine that is used to manufacture screws produces a defect rate of .01. A random sample of 20 screws is selected. Find the probabilities that the sample contains the following. Exactly 4 defective screws No more than 4 defective screws

Probability

Sampling Fruit A merchant buys boxes of fruit from a grower and sells them. Each box of fruit is either Good or Bad. A Good box contains 80% excellent fruit and will earn $200 profit on the retail market. A Bad box contains 30% excellent fruit and will produce a loss of $1000. The a priori probability of receiving a Good box of

Statistics - Probability of planting bulbs

Last fall, a gardener planted 56 iris bulbs. She found that only 49 of the bulbs bloomed in the spring. Find the empirical probability that an iris bulb of this type will bloom. Give answer as a fraction in lowest terms. How many of the bulbs should she plant next fall if she would like at least 52 to bloom?

Probability to Determine Frequency and Dependency

Two students, Jen and John, are registered for the same class and attend independently to each other, Jen 82.5% of the time and John 95% of the time. What is the probability that on any given day a) Both will be in class? b) At least one of them will not be in class? 12) In a study to determine frequency and dependency o

Probability

A bicycle plant runs two assembly lines, A and B. 96.3% of line A's products pass instruction, while only 92.1% of line B's products pass inspection, and 70% of the factory's bikes come off assembly line A. a) What is the probability that a randomly selected bike passed inspection? b) What is the probability that a randomly

Probability

A box contains 4 green, 10 red, 6 yellow, and 5 blue marbles. Four marbles are drawn from the box without replacement. a) What is the probability that you get one marble of each color?? b) What is the probability that none of the marbles is red? c) What is the probability that all four marbles are the same color

Probability

1) A bagel shop offers 14 varieties of bagels, 11 flavors of cream cheese, and 15 flavors of coffee. How many different orders for a bagel, cream cheese, and a coffee can a customer place? 2) 2800 people were surveyed about their recent purchases. 715 of those people surveyed bought a television within the last year, 461 bou

PROBABILITY

. A professional chef's work responsibilities include creating new dishes, shopping for ingredients and cooking the meals. On Friday, Justin, a professional chef, spent 2 hours shopping for ingredients, 3 hours creating new dishes and 5 hours cooking the meals. If Justin's work hours on Saturday are spent approximately the same

Probability Community Individual Steps

3. Presume in community 1, 52% of individuals who will vote in election favor candidate A while while 48% favor candidate B. In community 2, 46% favor candidate A and 54% favor B. Community 1 is four times as large as community 2. Prior to election, a poll of 1000 randomly selected voters is taken with 800 from community 1 and 2

Probability question with conditional probability concepts

1) Presume there is a measure designed to detect depression in adolescents. This measure detects depression in people who truly are depressed 75% of the time (hit rate), but it diagnoses depression in those who are not truly depressed 20% of the time (false positive). Presume there exists a population of adolescents (infinite in

Probability

A particular test for the presence of steroids is to be used after a professional track meet. If steroids are present, the test will accurately indicate this 95% of the time. However, if steroids are not present, the test will indicate this 90% of the time (so it is wrong 10% of the time and predicts the presence of steroids). B

Probability Series of Independent Games

Fran and Ron play a series of independent games. Fran's probability of winning any particular game is 0.6 (and Ron's probability of winning is therefore 0.4). Suppose that they play a best-of-5 tournament. (That is, the winner of the tournament is the first person to win 3 games.) 1. Find the probability that Fran wins the to

Several math questions

Question 1 A $400 loan is to be paid off in 66 monthly payments of $11.62. The borrower decides to pay off the loan after 18 payments. Use the rule of 78s to find the amount of interest saved. $194.13 $200.33 $195.16 $194.62 2.A pair of cuff links which sells for $100.00 has a markup rate

Short Finance Problem (Four Simple Steps)

Deliverable Length: Graph plus document of explanantions and posting Details: At this point, you believe customers are now ready to begin risk analysis and understand the risk differences among various investments. The most basic fact you want to convey to them is risk and return?the greater the risk, the greater the expected

Problems: Probability, Markov Chain, Bayes' Theorem

1. A bag contains 10 red, 12 green, and 8 yellow marbles. Assuming that all marbles are equally likely to be picked from the bag, what is the probability that the second marble is yellow, given that the first marble was yellow? 2. Given the following information, calculate the Predictive value positive and the Predic

Waiting Line Model Situation

In a waiting line model situation, arrivals occur around the clock at a rate of six per day, and the service occurs at one very three hours. Assume the Poisson and exponential distributions. a. What is Mean Arrival Rate? b. What is Mean Service Rate? c. Find probability of no units in the system. d. Find average number of

Statistic and Probability

Hello. Can anybody help e with these 6 example questions that were created. I want to use them as a study guide. 1. An unprepared student makes random guesses for the 10 true-false questions on a pop quiz. Find the probability that there is at least once correct answer. 2. A box contains four red, three blue, and six g