If a clothing store customer takes a pair of pants from the rack, removes all of the external sales tags, and then approaches the sales clerk for a refund, what crime may be charged?
Theft
Criminal mischief
Embezzlement
None of the above
In: Economics
John wins $1,00,000 in a lottery and will be paid 20 equal installments of $50,000 with the first payment due today. A banker offers to exchange John’s winnings for a perpetuity of $ X per month with the first payment due today. Find the value closest to $ X assuming a 10% effective rate of interest.
(A) $3,330 (B) $3,360 (C) $3,550 (D) $3,700 (E) $3,730
I'd appreciate it if you could let me know.
In: Finance
Consider a sample of
48
football games, where
25
of them were won by the home team. Use a
0.05
significance level to test the claim that the probability that the home team wins is greater than one-half.
Identify the null and alternative hypotheses for this test. Choose the correct answer below.
A.
Upper H 0H0 :
pequals=0.5
Upper H 1H1 :
pnot equals≠0.5
B.
Upper H 0H0 :
pgreater than>0.5
Upper H 1H1 :
pequals=0.5
C.
Upper H 0H0 :
pequals=0.5
Upper H 1H1 :
pgreater than>0.5
Your answer is correct.
D.
Upper H 0H0 :
pequals=0.5
Upper H 1H1 :
pless than<0.5
Identify the test statistic for this hypothesis test.
The test statistic for this hypothesis test is
nothing.
(Round to two decimal places as needed.)
Identify p-values
In: Statistics and Probability
A coin is tossed three times. X is the random variable for the number of heads occurring.
a) Construct the probability distribution for the random variable X, the number of head occurring. b) Find P(x2). c) Find P(x1). d) Find the mean and the standard deviation of the probability distribution for the random variable X, the number of heads occurring.
In: Statistics and Probability
The number of gallons of paint that Home Depot sells in a given day is normally distributed with a mean of 197 gallons and a standard deviation of 45 gallons (I realize that the distribution is probably different for weekends compared to weekdays, but just assume everyday has the distribution). How many gallons of paint have to be sold in a given day in order for that day to be in the top 5% of the highest number of gallons sold? (please round your answer to 2 decimal places)
In: Statistics and Probability
One kg of water in a piston-cylinder assembly,
initially at 1.5 bar and 200 C, cools at constant pressure with no
internal irreversibilities to a final state where the water is a
saturated liquid. For the water as the system, determine the work,
the heat transfer, and the amounts of exergy transfer accompanying
work and heat transfer, each in kJ. Let T0 = 20 °C, p0=1 bar and
ignore the effects of motion and gravity.
THERE ARE SOME DIFFERENT ANSWERS TO THIS QUESTION. I FOUND AN
ANOTHER ANSWER, I HAVE MANY QUESTION MARKS IN MY MIND. ADDITION OF
EXERGY TRANSFER ACCOMPANYING WORK AND HEAT SHOULD BE EQUAL TO
E2-E1. SINCE ITS INTERNALLY REVERSIBLE. ON THE OTHER HAND WHEN I
USE 'E2-E1=(U2-U1)+P0×(V2-V1)-T0(S2-S1)' I FIND AN ANOTHER NUMBER.
PLEASE HELP.
In: Mechanical Engineering
A box contains 4 quarters, 3 dimes, and 2 nickels.
a. Two coins are selected at random without replacement one at a time. Compute the probability that the first coin is a dime and the second is a nickel.
b. Three coins are selected at random with replacement. Compute the probability that at least one of them is a nickel.
c. Construct a probability distribution of the number of quarters selected for a procedure of selecting three coins without replacement.
d. Copy the probability distribution you constructed below and extend it to compute the expected number and the standard deviation.
In: Statistics and Probability
A box contains 4 quarters, 3 dimes, and 2 nickels.
a. Two coins are selected at random without replacement one at a time. Compute the probability that the first coin is a dime and the second is a nickel.
b. Three coins are selected at random with replacement. Compute the probability that at least one of them is a nickel.
c. Construct a probability distribution of the number of quarters selected for a procedure of selecting three coins without replacement.
d. Copy the probability distribution you constructed below and extend it to compute the expected number and the standard deviation.
In: Statistics and Probability
|
X |
0 |
1 |
2 |
3 |
Total |
|
P(X) |
.20 |
.40 |
.30 |
.10 |
1.00 |
Answer the following questions using the given probability distribution.
In: Statistics and Probability
7. Hunting :
The probability that an eagle kills a rabbit in a day of hunting is 10%. Assume that results are independent for each day.
(a) Write the probability mass function for the number of days until a successful hunt.
(b) What is the probability that the first successful hunt occurs on day five?
(c) What is the expected number of days until a successful hunt?
(d) If the eagle can survive up to 10 days without food (it requires a successful hunt on the 10th day), what is the probability that the eagle is still alive 10 days from now?
In: Math