season and believes it needs tc yoffs next season. The team is 1, Marvin Johnson, and Michael
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A: Alice counted 7 cycle riders and 19 cycle wheels going past her house.
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A: Answer of (a) is 4*3*2 = 24
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A: Given, A family has planned to get 3 kids i.e. n=3
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Q: Martha's daughter is 1/4 Martha's age. If Martha's daughter is 12 years old, how old is Martha?
A: Martha is 48 year old. The detailed solution is as follows below:
Q: P(married)
A: Given Married with kids = 30 Married without kids = 18 Total Married = 30 + 18 = 48 Not…
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A: It is given that 6 bottles and 5 cups can be lined up in a row if a bottle should not be followed…
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Q: Stephanie is shelving books in a display in TH the school library. She has 3 different books cla…
A: Stephanie has 3 different books with 4 copies each. So Total books = 4x3 = 12
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
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- The following question is based on the following information about the stocks of Whitestone REIT, HCC Insurance Holdings, Inc., and SanDisk Corporation.† Price($) Dividend Yield(%) WSR(WSR Whitestone REIT) 16 7 HCC(HCC Insurance Holdings, Inc.) 56 2 SNDK(SanDisk Corporation) 80 2 You invested a total of $10,400 in shares of the three stocks at the given prices, and expected to earn $248 in annual dividends. If you purchased a total of 200 shares, how many shares of each stock did you purchase? WSR= HCC= SNDK=b. Five Sales Executives have been told by their company Heavy Machines Limited (HML) that eachsales executive, will be relocated to work at one of five branches of their company, in theCaribbean. The cost to relocate a sales executive at each of the five branches is shown in Table 8below: SalesExecutiveBranchJamaica Antigua/Barbuda Trinidad&TobagoBarbados St. LuciaZenk Murt $2,550 $2,300 $ 2,700 $2,300 $2,400Rangle Tang $2,400 $2,700 $2,800 $2,600 $2,400Atil Heglam $2,600 $2,400 $2,700 $2,500 $2,400Justop Brelim $2,400 $2,500 $3,000 $2,400 $2,500Mesk Lathim $2,400 $2,300 $2,500 $2,800 $2,700 The costs shown in Table 8, are in Eastern Caribbean (EC) dollars. (i) Determine the optimal relocation of the five Sales Executives. Compute and state the total minimum cost.Bruce had a disagreement with a new federal agency set up to give additional funds for college to individuals with an aptitude for math. After a hearing, the agency determined that Bruce had no aptitude for math and that he would not receive any funding. Bruce, however, was not discouraged. He told his friend Laura, who just graduated from law school, that he would simply appeal the decision to federal court, have the judge do a fresh review, and provide additional information to the judge regarding his math aptitude that the agency did not have. He feels certain that he will win at the federal court level. Assuming the decision by the administrative agency was a factual finding, what should Laura tell Bruce regarding the standard of review the administrative agency will likely apply?That the agency will likely apply a de novo, or new, review.That the agency will likely apply an arbitrary and capricious standard in any review.That the agency will likely apply a substantial evidence…
- In a small Vermont town of 5,000 adults, 2,000 live in private homes while the remaining live in apartment buildings. Of those living in private homes, 240 are upper income, 1,200 are middle income and 560 are lower income. Of those living in apartment buildings, 900 are upper income, 600 are middle income, and 1,500 are lower income. The town council is interested in making a policy change to restructure the property tax base in the town and needs to make an informed decision based on demographic trends and real data. Set up a cross-classification table for type of dwelling unit and income status and find the probability that a person chosen at random: a. Is middle incomeb. Lives in an apartment buildingc. Lives in a private home and is upper incomed. Lives in an apartment building or is lower incomee. Is middle income, if it is known that he lives in an apartment building4. Following are the 29 players on the opening-day roster of the 2019 Boston Red Sox Major League Baseball team, fielding positions, and salaries. Player Position Salary (US$) David Price Starting Pitcher $ 31,000,000 J.D. Martinez Outfield $ 23,750,000 Rick Porcello Starting Pitcher $ 21,125,000 Mookie Betts Relief Pitcher $ 20,000,000 Nathan Eovaldi Starting Pitcher $ 17,000,000 Chris Sale Starting Pitcher $ 15,000,000 Dustin Pedroia Infield $ 14,521,686 xander Bogaerts Infield $ 12,000,000 Jackie Bradley Jr. Outfield $ 8,550,000 Mitch Moreland Infield $ 6,500,000 Steve Pearce Infield $ 6,250,000 Eduardo Nunez Infield $ 5,000,000 Eduardo Rodriguez Starting Pitcher $ 4,300,000 Brock Holt Infield $ 3,575,000 Christian Vazquez Catcher $2,933,333 Tyler Thornburg Relief Pitcher $ 1,750,000 Matt Barnes Relief Pitcher $ 1,600,000 Steven Wright Starting Pitcher $ 1,375,000 Heath Hembree Relief Pitcher $ 1,312,500 Brandon Workman Relief Pitcher $…Sharp Outfits is trying to decide whether to ship some customer orders now via UPS or wait until after the threat of another UPS strike is over. If Sharp Outfits decides to ship the requested merchandise now andthe UPS strike takes place, the company will incur $60,000 in delay and shipping costs. If Sharp Outfits decides to ship the customer orders via UPS and no strike occurs, the company will incur $4000 in ship-ping costs. If Sharp Outfits decides to postpone shipping its customer orders via UPS, the company will incur $10,000 in delay costs regardless of whether UPS goes on strike. Let p represent the probabilitythat UPS will go on strike and impact Sharp Outfits’s shipments.a. For which values of p, if any, does Sharp Outfits minimize its expected total cost by choosing to postpone shipping its customer orders via UPS? b. Suppose now that, at a cost of $1000, Sharp Outfits can purchase information regarding the likelihood of a UPS strike in the near future. Based on similar…
- A company that sells digital devices has its stores in several cities in Albania. The Marketing Manager plans to transmite an advertisement for the digital camera product on local television and watch sales of that product, to see the link that exists with the number of ads transmitted and product sales. After two days, the results were presented in the following table: City Trasmitted Sales(in 000 Euro) Durrës 4 15 Sarandë 2 8 Fier 5 21 Berat 6 24 Lezhë 3 17 S S = 1.58 S = 6.1 a) What is the dependent variable?b) Construct the scatterdiagram of this connection.c) Calculate the coefficient of variation and the coefficient of determination.d) Interpret the relationship between two variables.e) What is the equation that connects these two variables? Explain the values for a and b.f) What is the expected level of sales if 10 ads are trasmitted1. A wood manufacturer must decide whether to merge with a larger company to make more investments. If they merge and it is a good sales year, there will be a $910,000 profit; if they merge and it is a poor sales year, there will be a deficit of $ 330,000. If they do not merge and it is a good sales year there will be a $525,000 profit; if they do not merge and it is a poor sales year there will be a $97,000 profit. If the probability of a good sales year is 0.26 and the probability of a poor sales year is 0.76, would merging with the larger company maximize the expected profit?Dave Fletcher, the general manager of North Carolina Engineering Corporation (NCEC), thinks that his firm’s engineer-ing services contracted to highway construction firms are directly related to the volume of highway construction business contractedwith companies in his geographic area. He wonders if this is reallyso, and if it is, can this information help him plan his operationsbetter by forecasting the quantity of his engineering servicesrequired by construction firms in each quarter of the year? Thefollowing table presents the sales of his services and total amountsof contracts for highway construction over the past eight quarters: a) Using this data, develop a regression equation for predictingthe level of demand of NCEC’s services. b) Determine the coefficient of correlation and the standard errorof the estimate.
- Helen Hutchins and Greg Haglund took the elevator together to the fourth-floor meeting room, where they were scheduled to meet the rest of the market research team at the Franklin Company. On the way up, Helen mentioned that she had terminated her contract for the land-line telephone in her apartment and was going to be using her cell phone exclusively to save money. “I rarely use my house phone anymore and about the only calls I get are from organizations wanting donations or doing surveys,” she said. Greg said that he and his wife were thinking about doing the same thing. As Helen and Greg walked toward the meeting room, Helen suddenly stopped. “If everyone did what I am doing, wouldn’t that affect our marketing research telephone surveys?” she asked. “I mean, when we make calls the numbers are all to land-line phones. Won’t we be missing out on some people we should be talking to when we do our surveys?” Helen continued. Greg indicated that it could be a problem if very many people…In a telephone survey of 1000 adults, respondents were asked about the expenses on a management education and relative necessity of some form of financial assistance. The respondents were classified according to whether they currently had a child studying in a school of management and whether they thought that the loan burden for most management students is too high, right amount, or too little. The proportions responding in each category are given below: Too High(A) Right Amount(B) Too Little(C) Child Studying 0.35 0.08 0.01management (D)No Child Studying 0.25 0.20 0.11Management (E) Suppose one respondent is chosen at random from this group. Then (i) What is the probability that the respondent has a child studying management?(ii) Given that the respondent has a child studying management, what is the probability that he/she ranks the loan burden “too…n an unsolved airplane hijacking case from 1971, the hijacker (given the alias of D. B. Cooper) parachuted out of the back of a Northwest Boeing 727 over the southwest part of Washington State with $200,000 in $20 bills strapped to his body. The money and four parachutes had been provided by the FBI after Cooper took over the plane, claiming to have a bomb. Despite an intensive search by the FBI and 400 troops from Fort Lewis near the projected landing spot, Cooper was never found and his fate remains unknown. The combined weight of Cooper, the money, and his parachutes was approximately 230 lbs. He jumped from an altitude of 10,000 feet. Assume a linear drag term of −cv (where c is the drag coefficient and v is the velocity), and assume that he opened his parachute instantaneously 30 seconds after he stepped out of the plane and that his drag coefficient was c = 1.1 lbs-sec/ft before the chute opened and c = 12 lbs-sec/ft after. Estimate the speed (in ft/s) with which he hit the…