16 percent of the customers of a mortgage company default on their payments. A sample of 5 customers is selected. What is the probability that exactly 2 customers in the sample will default on their payments? Answer:

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A: here given ,  probability between Z and –Z is 0.9802  so p(-Z &lt;z &lt; Z ) = 0.9802

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A: X~Normal(population mean μ=45000, standard deviations σ=12439)

Q: A normal distribution has a mean μ = 500 and standard deviation σ = 35. Approximately what percent…

A: GivenMean(μ)=500standard deviation(σ)=35

Q: 3.29 The quarterly revenues of a small medical supply company for the last several years (27…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Which of the following statements is true about the standard normal distribution (mean = 0, standard…

A: The mean is 0 and the standard deviation is 1.

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A: Control chart

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A: Given:   B B' Total A 225 25 250 A' 4987.5 94762.5 99750 Total 5212.5 94787.5 100000

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Q: Draw five cards from a deck of 52 cards without replacement. What is the probability that 3 is…

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A: The mean and standard deviation are 1650 and 320, respectively.

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A: According to policy we answer 3 part kindly repost for remaining.

Q: 6. Ho: p = 0.45, p= 0.43, Zcritical = Decision: 7. Ho: p = 0.34, p= 0.35, Zcritical = Decision: 8.…

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Q: A researcher wishes to estimate the percentage of adults who support abolishing the penny. What size…

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Q: Q2: if the relation between q and C take the form: q=kC^n and assume linear regression, the…

A: Given: q=kCn C q  82.5 337.7 46.2 207.6 26.2 123.8 17.7 88.2 13.4 68.3 6.8 35.8

Q: Q4. The standard deviation of the temperature in a large refridgeratored room should not exceed…

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Q: In studies for a medication, 7 percent of patients gained weight as a side effect. Suppose 652…

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Q: article by a researcher reported on a long-term study of the effects of hurricanes on tropical…

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Q: A golf association requires that golf balls have a diameter that is 1.68 inches. To determine if…

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Q: Warren tosses 5 coins. Write down the sample space where H = head and T = tail. Ex: HHHTH

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Q: If X represents a random variable coming from a normal distribution and P(X 6.5) = 0.59. True O…

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Q: Let x be a continuous random variable that is normally distributed with a mean of 56 and a standard…

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Q: A college entrance exam company determined that a score of 24 on the mathematics portion of the exam…

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A: Given that: n = 200 p = 0.015 Box containing 4 or more defective items is said to be substandard.

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Q: The mean incubation time for a type of fertilized egg kept at 100.6°F is 23 days. Suppose that the…

A: The mean and standard deviation are 23 and 2, respectively.

Q: State whether each situation has independent or paired (dependent) samples. a. A researcher wants to…

A: Explanation: Dependent samples. If the values of one sample impact the values of second samples,…