According to an? airline, flights on a certain route are on time 80?% of the time. Suppose 13 flights are randomly selected and the number of? on-time flights is recorded. ?(a) Explain why this is a binomial experiment. ?(b) Find and interpret the probability that exactly 8 flights are on time. ?(c) Find and interpret the probability that fewer than 8 flights are on time. ?(d) Find and interpret the probability that at least 8 flights are on time. ?(e) Find and interpret the probability that between 6 and 8 ?flights, inclusive, are on time. ?(a) Identify the statements that explain why this is a binomial experiment. Select all that apply. A. There are two mutually exclusive? outcomes, success or failure. B. The trials are independent. C. The probability of success is the same for each trial of the experiment. D. There are three mutually exclusive possibly? outcomes, arriving? on-time, arriving? early, and arriving late. E. The experiment is performed a fixed number of times. F. Each trial depends on the previous trial. G. The experiment is performed until a desired number of successes is reached. ?(b) The probability that exactly 8 flights are on time is nothing. ?(Round to four decimal places as? needed.) Interpret the probability. In 100 trials of this? experiment, it is expected about nothing to result in exactly 8 flights being on time. ?(Round to the nearest whole number as? needed.) ?(c) The probability that fewer than 8 flights are on time is nothing. ?(Round to four decimal places as? needed.)
In: Statistics and Probability
Read “Thing 3” in “23 Things they don’t tell you about Capitalism.”
According to the author, when looking at the wages of people in First World vs. Third World countries, one of the following terms (which he does not directly use) best explains why this difference exists. Choose the most appropriate term from the list below, then write 3-7 sentences explaining how it applies.
The Paradox of Efficiency
The Diamond-Water Paradox
Complementary Goods
Price Ceilings
The Lemon Problem
In: Economics
Could you explain to me what the author is stating here" Humans’ biological processes operate in relationship to many influences from the social, cultural, and physical environments, causing disruptions of homeostasis (balance). These relationships allow perturbations induced at one level to affect our psychological and biological well-being.” im guessing here but what im sort of understanding is that social, cultural, and physical environments associated with the human biological process and can impact our psychological and biological well-being ???
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In: Nursing
The ages of randomly selected passenger cars and taxis were recorded by textbook author Mario Triola when he visited Dublin. Use a 0.05 significance level to test the claim that both personal cars and taxis in Dublin have the same variation in ages.
Car Ages: 4, 0, 8, 11, 14, 3, 4, 4, 3, 5, 8, 3, 3, 7, 4, 6, 6, 1, 8, 2, 15, 11, 4, 1, 6, 1, 8
Taxi Ages: 8, 8, 0, 3, 8, 4, 3, 3, 6, 11, 7, 7, 6, 9, 5, 10, 8, 4, 3, 4
Group of answer choices
A. F = 1.8714, We fail to reject the claim
B. F = 1.8714, We reject the claim
C. F = 2.3937, we fail to reject the claim
D. F = 2.3937, we reject the claim
In: Statistics and Probability
When the author visited Dublin, Ireland, he recorded the ages of randomly selected passenger cars and randomly selected taxis. The ages can be found from the license plates. The ages in years are listed below. We might expect that taxis would be newer, so test the claim that the mean age of cars is greater than the mean age of taxies.
Car Ages: 4 0 8 11 4 14 3 3 7 6 6 6 15 9
Taxi Ages: 8 8 0 3 4 4 6 0 5 9 3 4
What is the null hypothesis? What is the alternative hypothesis?
What is the p-value and the test statistic?
Do we reject the null or fail to reject the null?
Write a conclusion.
In: Statistics and Probability
Discussion Topic: Corporate Governance
Find an article on Corporate Governance. Include the title, author, and cite any short quote used appropriately making sure to include the reference using APA citation and reference style.
Discuss in your own words: How is corporate governance defined?
What are the essential components of corporate governance and how does it affect the workplace environment?
In your response, discuss how corporate governance shapes the ethical climate of a company. What components of corporate governance have you experienced in your professional career?
What red flags would be a signal of poor corporate governance?
In: Accounting
Roger Miller, our textbook author, makes this statement, “From the economist’s point of view the term needs is objectively indefinable." Your instructor disagrees. The fact that we talk about poverty and unemployment rates in economics would contradict Miller's statement.
Food, shelter and clothing are considered basic needs. But what is needed to live in Southeastern Michigan in the 21st Century? For example, would you consider a car to be a necessity?
In: Economics
1. True or False? The author contends that every financial meltdown includes a little understood "financial contraption" that increases overall market leverage.
2. True or False? The purchase of United Copper shares by Otto and Arthur Heinz was a successful short squeeze that resulted in a significant increase in the per share price of United Copper and a boost in the Dow Jones Industrial Average.
3. True or False? The 1907 anti-trust ruling against Standard Oil, which included massive fines, would prove to be a significant factor leading to the Panic of 1907.
4. True or False? May 9, 1901 became known as "Blue Thursday," the day IBM, known as "Big Blue," lost more than 20% of its market value.
In: Finance
Question 3 [20 Marks]
The author, in her/his conclusion, highlighted the challenges facing the economy in a statement: “What we are not hearing is significant expansion plans. The government balance sheet prevents it from stimulating the economy – it has to come from the private sector.” As an economist, you have been tasked to explain to a business forum how investment can be used to expand the economy. In your presentation, critically review four factors directly linked to investment and how this causes a shift in aggregate demand (AD) curve. [20 Marks] (1 mark for each identified factor 4 marks for explaining each factor).
In: Economics
Chapter 9 discussed the importance of stakeholder engagement in policy making. The author presented several benefits and an analysis of five cases in which stakeholder engagement added value to the policy making process. If you were leading a project to develop a comprehensive policy for managing pedestrian traffic flow in a popular downtown metropolitan district, what measures would you take to engage stakeholders in that project? Your answer should outline your suggestions and clearly explain why each one would add value.
Need 300 words with no plagrism
In: Advanced Math