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
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
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
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
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
Hello. Can anybody help me with these 6 example questions that were created. I want to use them as a study guide. 1. 45 Human Resource major students and 25 Culinary Arts major students had arrived. What is the empirical probability that the next student to come will be a Human Resource Major? 2. A box contains four red
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Can anybody help me with this two examples problems. Some of them are giving me a lot of numbers which it should give me a few numbers comparing them to the other results I was manage to do. ------------------------------------------------------------------------------------- 2. Social Security Numbers Each social sec
1. Letter and Digit. A new computer owner creates a password consisting of two characters. She randomly selects a letter of the alphabet for the first character and a digit (0,1,2,3,4,5,6,7,8,9) for the second character. What is the probability that her password is "k9"? Would this password be effective as a deterrent against so
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The probability of winning on a slot machine that is 5%. If the person plays the machine 500 times. Find the probability of winning 30 times use the normal approximation for the binomial distribution. thanks
A prison has 20 balls, 10 black and 10 white. The prisoner is to arrange the balls in 2 boxes. All of the balls must be used and there must be at least one ball in each box. An executioner will select one box at random and then one ball at random from the chosen box. The prisoner is set free if the ball is white and executed if
Please help with the following probability problem. You are a member of a class of 18 students. A bowl contains 18 chips: 1 blue and 17 red. Each student is to take 1 chip from the bowl without replacement. The student who draws the blue chip is guaranteed an A for the course. (a) If you have a choice of drawing first, fi
A box contains five blue, eight green, and three yellow marbles. If a marble is selected at random, what is the probability that it is yellow?
A single card is drawn from a deck. Find the probability of selecting a 3 or a club.
Part I T/F & Multiple Choice 1. The sum of all probabilities in any discrete probability distribution is not always exactly one, since some of the probabilities may be slightly larger than one. ___ T/F 2. In any binomial probability experiment, independent trials mean that the result of one trial does not affect the prob
1. The probability of an event a. is the sum of the probabilities of the sample points in the event. b. is the product of the probabilities of the sample points in the event. c. is the maximum of the probabilities of the sample points in the event. d. is the minimum of the probabilities of the sample points in the event.
Please see the attached file for the fully formatted problems. 1. Explain the difference between a discrete and a continuous random variable. Give two examples of each type of random variable. 2. Determine whether each of the distributions given below represents a probability distribution. Justify your answer. a
1. How many variations in first-, second-, and third-place finishes are possible in a 100-yd dash with 6 runners? 2. In a Chinese restaurant, the menu lists 8 items in Column A and 6 items in column B. To order a dinner, the diner is told to select 3 items from column A and 2 from column B. How many dinners are possible?
Questions - u12 The questions are to be answered with full solutions. Be sure to focus on proper mathematical form, including: 1. One equal sign per line, 2. Equal signs in each question lined up vertically with each other, 3. No self-developed short form notations, 4. One step or idea per line, 5. Show complete solut
The questions are to be answered with full solutions. Be sure to focus on proper mathematical form, including: 1. One equal sign per line, 2. Equal signs in each question lined up vertically with each other, 3. No self-developed short form notations, 4. One step or idea per line, 5. Show complete solution to the given p
An IRS auditor randomly selects 3 returns from 59 returns of which 10 contain errors. What is the probability of her selecting NONE of those that contain errors? Also... His last four bats were strikeouts; therefore the next will be a strikeout. Deductive or Inductive?
If x varies inversely as y^2, and x=6 when y=10, find x when y=5. Also... The monthly incomes of trainees at a local mill are normally distributed with a mean of $1,100 and a standard deviation of $150. find the probability that a randomly selected employee earns less than $900 a month. Thanks for your help.
Res 341 - Quiz for Week 4 MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Find the mean for the given sample data. Unless otherwise specified, round your answer to one more decimal place than that used for the observations. 1) 13, 20, 16, 13, 14 1) A) 13 B) 15.2 C) 19
1. Suppose you have 4 nickels, 6 dimes, and 4 quarters in your pocket. If you draw a coin randomly from your pocket, what is the probability that a. You will draw a dime? b. You will draw a nickel? c. You will draw a quarter? 2. You are rolling a pair of dice, one red and one green. What is the probability of the follow
DFL airport has a single runway which is used exclusively to land airplanes. Airplanes that wish to land form a queue (a moving queue) in which airplanes join the end of a straight line stretching in the back of the runway. The airplane in front of the line is the next airplane scheduled to land. Such a line can stretch to a len
Please show all steps for clarification. Find the probability that the 2-card hand described above contains the following: 1. Two aces 2. At least one ace 3. All spades
I need some step-by-step help for the following three basic problems. 1. a group of 8 professors and 5 administrators must select a team of 6 people from the group. They decide to select the team members randomly by drawing names from a hat. What is the probability that the selected team will consist of equal numbers of pro
What is the chance of selecting 2 new tennis balls at random if there are 35 old tennis balls and 40 new tennis balls in bag?
Anwer the following questions in the attached file: Problem 15-14 Problem 15-16 Problem 15-17 - See the separate attachment for Solve Problem 15-1 (15-14) Clark Property Management is responsible for the 4 maintenance, rental, and day-to-day operation of a large apartment complex on the east side of New Orleans. George C