Questions
task A normal deck of cards has 52 cards, consisting of 13 each of four suits:...

task

A normal deck of cards has 52 cards, consisting
of 13 each of four suits: spades, hearts, diamonds,
and clubs. Hearts and diamonds are red,
while spades and clubs are black. Each suit has
an ace, nine cards numbered 2 through 10, and
three face cards. The face cards are a jack, a
queen, and a king. Answer the following questions
for a single card drawn at random from a
well-shuffled deck of cards.
a. What is the probability of drawing a king of
any suit?
b. What is the probability of drawing a face
card that is also a spade?
c. What is the probability of drawing a card
without a number on it?
d. What is the probability of drawing a red
card? What is the probability of drawing an
ace? What is the probability of drawing a
red ace? Are these events (“ace” and “red”)
mutually exclusive? Are they independent?
e. List two events that are mutually exclusive
for a single draw from a deck of cards.
f. What is the probability of drawing a red
king? What is the probability of drawing a
face card in hearts? Are these two events
mutually exclusive? Are they independent?

In: Statistics and Probability

The average salary of merchandisers is $54,000 per year with a standard deviation of $6000. a....

The average salary of merchandisers is $54,000 per year with a standard deviation of $6000. a. What is the probability that a merchandiser earns more than $66,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.) Probability 0.5228 b. What is the probability that a merchandiser earns less than $42,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.) Probability 0.5228 c. What is the probability that a merchandiser earns between $50,000 and $58,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.) Probability 0.4972 d. What is the probability that a merchandiser will earn between $45,000 and $63,000 per year? (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.) Probability 0.8664 e. What is the average salary below which 25% of the merchandisers earn? (Round the final answer to the nearest whole number.) Salary $

In: Economics

Based on “Starbucks Wins Key Trademark Case in China” case study Case Summary This feature focuses...

Based on “Starbucks Wins Key Trademark Case in China” case study Case Summary This feature focuses on intellectual property laws in China. When Starbucks entered China in 1999, the company was quickly challenged by a look-alike competitor, Shanghai Xing Ba Ke Coffee Shop. Not only did the name Xing Ba Ke mimic the Starbucks name, but Xing Ba Ke’s stores were virtual replicas of those operated by Starbucks. In 2003, Starbucks sued Xing Ba Ke for trademark violations. In 2006, Starbucks won its case, and Xing Ba Ke was fined $62,000 and ordered to stop using its name. The case was seen as a break through of sorts, a signal that China was finally caving to pressure from other nations and the World Trade Organization to respect intellectual property rights. Today, Starbucks operates over 400 stores in China and expects the market to become second only to the U.S.

a) Discuss the concept of property rights protection and why it is so important to companies. What does the court ruling against Xing Ba Ke mean for other companies that are already doing business in China, or are considering entering the market?

b).How important is the Chinese market to Starbucks? Does the presence of look-alike companies like Xing Ba Ke deter firms from entering the market?

In: Economics

In class we discussed how an organizations can ensure successful change management by implementing "quick wins"...

In class we discussed how an organizations can ensure successful change management by implementing "quick wins" and WIIFMs. Explain in detail What do we mean by these two terms as they related to change management and give one example of each using a real change transformation project in a company. You can select your project case from the internet. Tell me a little about the case. Then give an example of each- a quick win and a WIIFM. You can make up xamples (i.e. it doesn't have to be a real example) that are in the context of the case study and illustrate that you know what a quick win is and what a WIIFM is as we studied these concepts. Explain your answer completely and in a clearly explained manner.

Note: The case study is not given in a question, as it is mentioned in the question case study example should be selected from the online which suits the given question and also the last part of the question demands for an example where it doesn't need to be real life example.

In: Operations Management

Your best friend wins the lottery and gives you a gift option.  You need to complete both...

Your best friend wins the lottery and gives you a gift option.  You need to complete both problems to make your decision.

  1. As one gift option, they offer to give you the interest only from a $1,000,000 investment with an interest rate of 8% that compounds annually.  How much interest do you receive in 5 years?
  1. As another gift option, they offer to give you the interest only from $2,000,000 investment with an interest rate of 7% that compounds semi-annually.  How much interest do you receive in 2.5 years?
  1. What is the future value of $13,000 at 10% compounded semi-annually over 10 years?
  1. What is the future value of $13,000 at 10% interest compounded quarterly over 10 years?

In: Finance

The probability that a baby will be a boy is ½ as is the probability that a baby will be a girl.

The probability that a baby will be a boy is ½ as is the probability that a baby will be a girl. Explain this fact by explaining the mechanism of meiosis in the production of gametes and the process of fertilization. If a family has 4 boys and 3 girls, what is the probability that the next child will be a girl?


In: Biology

1) A new car that is a gas- and electric-powered hybrid has recently hit the market....

1) A new car that is a gas- and electric-powered hybrid has recently hit the market. The distance travelled on 1 gallon of fuel is normally distributed with a mean of 55 miles and a standard deviation of 6 miles. Find the probability of the following events:

A. The car travels more than 59 miles per gallon.

Probability =

B. The car travels less than 51 miles per gallon.

Probability =

C. The car travels between 50 and 63 miles per gallon.

Probability =

2) A sample of ?=24n=24 observations is drawn from a normal population with ?=1000μ=1000 and ?=240σ=240. Find each of the following:

A. ?(?¯>1097)

Probability =

B. ?(?¯<906)

Probability =

C. ?(?¯>990)

Probability =

3) A boxplot for a set of 96 scores is given below.


How many scores are represented in the blue section of the boxplot?
Answer: ?

4)A boxplot for a set of data is given below. Find the five-number summary

Find the minimum:

Find ?1

Find the median

Find ?3:

Find the maximum

In: Statistics and Probability

A recent Wall Street Journal article indicated that 37% of American teenagers use Pandora's online radio...

A recent Wall Street Journal article indicated that 37% of American teenagers use Pandora's online radio service. Suppose a sample of 25 American teenagers is selected. Based on this information, generate a cumulative binomial probability distribution in the given space. Round to four decimals for the answer.

Find the probability that the number of American teenagers who use Pandora's online radio service differs by greater than 1 from the mean.

Find the probability that greater than 4 American teenagers use Pandora's online radio service.

Find the probability that no less than 8 American teenagers use Pandora's online radio service.

Find the probability that more than 25% but at most 60% of these American teenagers use Pandora's online radio service.

Find the probability that at least 14 American teenagers do not use Pandora's online radio service.

Find the probability that no more than 5 American teenagers use Pandora's online radio service.

In: Statistics and Probability

1-A contractor decided to build homes that will include the middle 80% of the market. If...

1-A contractor decided to build homes that will include the middle 80% of the market. If the average size of homes built is 1750 square feet, find the maximum and minimum sizes of the homes the contractor should build. Assume that the standard deviation is 96 square feet and the variable is normally distributed.

2-Determine the indicated probability for a binomial experiment with the given number of trials n and the given success probability p. n = 13, p = 0.7, P(Fewer than 4)

3-A student takes a 5 question multiple choice quiz with 4 choices for each question. If the student guesses at random on each question, what is the probability that the student gets exactly 2 questions correct?

4- An investor is considering a $15,000 investment in a start-up company. She estimates that she has probability 0.15 of a $10,000 loss, probability 0.1 of a $10,000 profit, probability 0.3 of a $30,000 profit, and probability 0.45 of breaking even (a profit of $0). What is the expected value of the profit? $11,500 $15,250 $10,000 $8,500

In: Statistics and Probability

True or False: a.) Probability density can never be negative. b.) The state f(x), a wave...

True or False:

a.) Probability density can never be negative.

b.) The state f(x), a wave function can never be real (f(x)).

c.)The state f(x), a wave function must be real number.

d.) If z=z*, then z must be a real number.

e.) integral from neg infinity to infinity of the wave function equals 1 for a real particle in a 1d system.

f.) The product of a number and its complex conjugate is always a real number.

In: Statistics and Probability