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0 Vote
1 Solutions
1504 Stats
Asked: Jul 05,2019In: Distributions

standard deviation Suppose that the probabilities of a customer purchasing​ 0, 1, or 2 books at a book store are 0.3​, 0.3​, and 0.4​, respectively

distribution and probabilities
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1504 Stats
Asked: Jul 05,2019 In: Distributions
Answer
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847 Stats
Asked: Jul 05,2019In: Distributions

standard deviation stock that will return ​$100 profit if the stock goes up today and lose ​$500 if it goes down.

standard expected deviation
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847 Stats
Asked: Jul 05,2019 In: Distributions
Answer
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1 Solutions
2657 Stats
Asked: Jul 05,2019In: Distributions

An orthodontist has three financing​ packages, and each has a different service charge. He estimates that 30​% of patients use

expected probabilities
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1 Solutions
2657 Stats
Asked: Jul 05,2019 In: Distributions
Answer
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1 Solutions
1661 Stats
Asked: Jul 05,2019In: Distributions

A marketing agency has developed three vacation packages to promote a timeshare plan at a new resort.

expected distributions
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1661 Stats
Asked: Jul 05,2019 In: Distributions
Answer
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1 Solutions
2509 Stats
Asked: Jul 05,2019In: Distributions

Given independent random​ variables, X and​ Y, with means and standard deviations as​ shown, find the mean

Distribution means
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2509 Stats
Asked: Jul 05,2019 In: Distributions
Answer
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1126 Stats
Asked: Jul 05,2019In: Distributions

A broker has calculated the expected values of two different financial instruments X and Y. Suppose that

expected distributions
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1126 Stats
Asked: Jul 05,2019 In: Distributions
Answer
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1 Solutions
1920 Stats
Asked: Jul 05,2019In: Distributions

A small software company will bid on a major contract. It anticipates a profit of ​$15,000 if it gets​ it, but thinks

expected distributions
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1 Solutions
1920 Stats
Asked: Jul 05,2019 In: Distributions
Answer
0 Vote
1 Solutions
1474 Stats
Asked: Jul 05,2019In: Distributions

A commuter finds that she waits an average of 18.5 seconds at each of four toplights, with a standard deviation of 6.5 seconds.

probability distributions
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1 Solutions
1474 Stats
Asked: Jul 05,2019 In: Distributions
Answer
0 Vote
2 Solutions
979 Stats
Asked: Jul 05,2019In: Distributions

An insurance company estimates that it should make an annual profit of ​$230 on each​ homeowner's policy​

standard deviation
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2 Solutions
979 Stats
Asked: Jul 05,2019 In: Distributions
Answer
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1798 Stats
Asked: Jul 05,2019In: Distributions

 A bicycle shop plans to offer 2 specially priced​ children's models at a sidewalk sale. The basic model will return a profit of ​$110

distribution models
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1798 Stats
Asked: Jul 05,2019 In: Distributions
Answer

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