13. The dial up connections from remote terminals come into a computing center at the rate of 4 per minute. If a call arrives at the beginning of a one minute period, find the probability that a second call will not arrive in the next 20 seconds.
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- What is the total effect on the economy of a government tax rebate of $500 to each household in order to stimulate the economy if each household will spend of the rebate in goods and services?If the mortality rate under one month infants in a country is 2.5 per thousand, and the same rate for infants up to two months is 6 per thousand: A) What is the approximate mortality rate of 1000 infants in the second month of life? B) What is the probablity that 2500 babies born in that country in one day will reach one month old?A report in LTO stated that the average age of taxis in the Philippines is 9 years. An operations manager of a large taxi company selects of 40 taxis and finds the average age of the taxis is 8.2 years. The of the population is 2.3 years. At can it be concluded that the average age of the taxis in his company is less than the national average?
- We wish to demonstrate that the average time to graduate from Tulane is affected by the students having taken AP calculus in high school. Specially, we wish to demonstrate that students who have taken AP calculus in high school graduate an average of more than 0.25 years sooner than students who have not taken AP calculus in high school. If we let denote the average time to graduate for students who have not taken AP calculus and denotes the average time to graduate for students who have taken AP calculus, then select the appropriate alternative hypothesis.1. Suppose that two students, A and B, are both 29 years old but A is a female whereas B is a male, A is single while B is married. Both had an income of 4500 cedis when in the university and both have health inventory score of 21. Student A had two kids while in the university whereas student B had 4 kids. Both scored 16 on life satisfaction inventories as well as 23 on socioeconomic status of parents. Student A was a smoker but B was not. A scored 7 while B scored 12 on spirituality inventory. Both finished the university program but whiles a was earning 9000 Ghana cedis seven years after university, B was earning 6800. What is the predicted difference in the life satisfaction score of these two student seven years after university? 2. How much higher is the life satisfaction score predicted to be if the score on spirituality inventory rises by 25? 3. Which one of the pairs of variables selected to be multicollinear may be deleted from the regression and why? 4. Interpret the…1. Suppose that two students, A and B, are both 29 years old but A is a female whereas B is a male, A is single while B is married. Both had an income of 4500 cedis when in the university and both have health inventory score of 21. Student A had two kids while in the university whereas student B had 4 kids. Both scored 16 on life satisfaction inventories as well as 23 on socioeconomic status of parents. Student A was a smoker but B was not. A scored 7 while B scored 12 on spirituality inventory. Both finished the university program but whiles a was earning 9000 Ghana cedis seven years after university, B was earning 6800. What is the predicted difference in the life satisfaction score of these two student seven years after university? 2. How much higher is the life satisfaction score predicted to be if the score on spirituality inventory rises by 25? 3. Which one of the pairs of variables selected to be multicollinear may be deleted from the regression and why? 4. Interpret the…
- We wish to demonstrate that the average time to graduate from college is affected by the students having taken AP calculus in high school. Specifically we wish to demonstrate that students who have taken AP calculus in high school gradate an average of at most 0.25 years sooner than students who have not taken AP calculus in high school. If we let μ1 demote the average time to graduate for students who have not taken AP calculus and μ2 denote the average time to graduate for students who have taken AP calculus, then select the appropriate alternative hypothesis: a. μ1-μ2 = 0 b. μ1-μ2-0.25 < 0 c. μ1-μ2-0.25>0 Please explainSuppose a company charges a premium of $150 per year for an insurance policy for storm damage to roofs. Actuarial studies show that in case of a storm, the insurance company will pay out an average of $8000 for damage to a composition shingle roof and an average of $12,000 for damage to a shake roof. They also determine that out of every 10,000 policies, there are 7 claims per year made on composition shingle roofs and 11 claims per year made on shake roofs. What is the company’s expected value (i.e., expected profit) per year of a storm insurance policy? What annual profit can the company expect if it issues 1000 such policies? Determine the probability of a composition shingle roof claim out of 10,000 = ______ Determine the probability of a shake roof claim out of 10,000 = ______ How many claims are made out of 10,000? = _______ What is the probability of no claims out of 10,000? = _______ How much does each shingle roof claim cost the company, don’t forget each person pays $150…A professor has been teaching an undergraduate course for the last 15 years and has noticed that in the fall term there are more failures than in the same course offered in the winter term. The professor is wondering if this may be due to students being less prepared for the subject matter in the fall than in the winter because more students are taking the prerequisite simultaneously. Before drawing any conclusions though, the professor goes back over all the grades in all classes she taught in the last 15 years and counts the number of students that passed or failed. She then also records who had and had not completed the prerequisite first (see the table attached for data). On the basis of the last 15 years of data, should the 3 professor conclude that there is a difference in pass and failure rates depending on whether the prerequisite was done or not? Use the alpha of 0.05 and carry out all the steps of hypothesis testing to answer the hypothesis.
- A national study found that treating people appropriately forhigh blood pressure reduced their overall mortality by 20%.Treating people adequately for hypertension has been difficult because it is estimated that 50% of hypertensives donot know they have high blood pressure, 50% of those whodo know are inadequately treated by their physicians, and50% who are appropriately treated fail to follow this treatment by taking the right number of pills. 2 If the preceding 50% rates were each reduced to40% by a massive education program, then what effectwould this change have on the overall mortality rate amongtrue hypertensives; that is, would the mortality rate decreaseand, if so, what percentage of deaths among hypertensivescould be prevented by the education program?A group of medical professionals is considering theconstruction of a private clinic. If the medical de-mand is high (i.e., there is a favorable market for theclinic), the physicians could realize a net profit of$100,000. If the market is not favorable, they couldlose $40,000. Of course, they don’t have to proceedat all, in which case there is no cost. In the absenceof any market data, the best the physicians can guessis that there is a 50–50 chance the clinic will be suc-cessful. Construct a decision tree to help analyze thisproblem. What should the medical professionals do?Suppose that there are 4 deaths due to stomach can- cer among workers in a tire plant from 1/1/64 to 12/31/83, while 2.5 are expected based on U.S. mortality rates. Provide a 95% CI for the expected number of deaths from stomach cancer over 20 years among the tire workers. Is the number of cases of stomach cancer excessive?
