Questions
Americans receive an average of 22 Christmas cards each year. Suppose the number of Christmas cards...

Americans receive an average of 22 Christmas cards each year. Suppose the number of Christmas cards is normally distributed with a standard deviation of 6. Let X be the number of Christmas cards received by a randomly selected American. Round all answers to 4 decimal places where possible.

a. What is the distribution of X? X ~ N(,)

b. If an American is randomly chosen, find the probability that this American will receive no more than 25 Christmas cards this year.

c. If an American is randomly chosen, find the probability that this American will receive between 24 and 27 Christmas cards this year.

d. 76% of all Americans receive at most how many Christmas cards? (Please enter a whole number)

In: Statistics and Probability

Americans receive an average of 20 Christmas cards each year. Suppose the number of Christmas cards...

Americans receive an average of 20 Christmas cards each year. Suppose the number of Christmas cards is normally distributed with a standard deviation of 6. Let X be the number of Christmas cards received by a randomly selected American. Round all answers to 4 decimal places where possible.

a. What is the distribution of X? X ~ N(,)

b. If an American is randomly chosen, find the probability that this American will receive no more than 19 Christmas cards this year.  

c. If an American is randomly chosen, find the probability that this American will receive between 21 and 25 Christmas cards this year.  

d. 73% of all Americans receive at most how many Christmas cards? (Please enter a whole number)

In: Statistics and Probability

Explain the organizational and financial challenges that threaten American newspapers. How might these challenges affect American...

Explain the organizational and financial challenges that threaten American newspapers. How might these challenges affect American democracy?

In: Psychology

Introduction of "American Water Works?"? Intresting facts about the company and who is the competitor of...

Introduction of "American Water Works?"?

Intresting facts about the company and who is the competitor of "American Water Works?"?

In: Finance

Look at a website of a Latin American media company, and compare it with the website...

Look at a website of a Latin American media company, and compare it with the website of an American media company. 400 words

In: Operations Management

Grove Corporation issued $2,400,000 of 8% bonds on October 1, 2019. The interest is to be...

Grove Corporation issued $2,400,000 of 8% bonds on October 1, 2019. The interest is to be paid twice a year on April 1 and October 1. The bonds were sold to yield 7% effective annual interest. Assume the proceeds at the time of issue were $2,514,672. a. Prepare an amortization schedule for April 1 and October 1, 2020 using the effective-interest method. Round all amounts to the nearest dollar. (5 points) b. Using the above information, record the bond issue entry on October 1, 2019 and the interest payment entries on April 1 and October 1, 2020.

In: Accounting

Elite Supply Company’s sales, 55% of which are for cash and the other 45% sold on...

Elite Supply Company’s sales, 55% of which are for cash and the other 45% sold on credit, over the past three months were: August September October $ 70,000 $ 180,000 $ 130,000 a. Estimate Elite’s cash receipts in October if the company’s collection period is 30 days. $ b. Estimate Elite’s cash receipts in October if the company’s collection period is 45 days $ c. What would be Elite’s accounts receivable balance at the end of October if the company’s collection period is 30 days? $ d. What would be Elite’s accounts receivable balance at the end of October if the company’s collection period is 45 days?

In: Accounting

Solve problems using Minitab. Show evidence that they used the program by putting screen shots of...

Solve problems using Minitab. Show evidence that they used the program by putting screen shots of the results. Will give good rating


2. On a certain cruise, there are, on average, 3 traffic accidents each month. Answer the following:

to. Identify the random process


b. Define a variable


c. Associate the random variable with a distribution and its parameters


Solve the following questions using Minitab:

d. Find the probability that in a period of 2 months exactly 4 accidents will occur

and. Find the probability that at least 20 accidents occur in a period of 6 months

F. Find the probability that in a period of 1 month there will be at most (at most) 9 accidents

In: Statistics and Probability

Alice has a life insurance policy with a cash surrender value of $200,000 on which she...

Alice has a life insurance policy with a cash surrender value of $200,000 on which she has paid $30,000 in premiums. She has decided to cash in the policy. Discuss the tax consequences if Alice is terminally ill and decides to use the proceeds to take a cruise around the world.

a) She can exclude all of the gain in the policy ($200,000 less $30,000 of premiums paid) from gross income

b) She must include all of the gain ($170,000) in gross income

c) She must include all $200,000 received in gross income

d) She must include $30,000 in gross income

In: Accounting

A plane is maintaining a 270◦ heading at 37◦ N latitude, with an air speed of...

A plane is maintaining a 270◦ heading at 37◦ N latitude, with an air speed of 560 miles per hour. the cruise control is engaged, using a pressure altimeter while over the Ocean. The altimeter is set for a sea level pressure 1010 hPa and keeps an indicated altitude of 38,500 feet. At the start of a 1 hour period the radar altimeter, which provides the actual distance above the surface, shows 35,725 feet. At the end of the 1 hour period, the radar altimeter shows 37,820 feet. Assuming purely geostrophic flow, what direction and about how far has the plane drifted from its course.

In: Physics