Questions from Business Statistics


Q: Assume that the test scores from a college admissions test are

Assume that the test scores from a college admissions test are normally distributed, with a mean of 450 and a standard deviation of 100. a. What percentage of the people taking the test score between...

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Q: A study of 31,000 hospital admissions in New York State

A study of 31,000 hospital admissions in New York State found that 4% of the admissions led to treatment-caused injuries. One-seventh of these treatment-caused injuries resulted in death, and one-four...

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Q: A blackjack player at a Las Vegas casino learned that the house

A blackjack player at a Las Vegas casino learned that the house will provide a free room if play is for four hours at an average bet of $50. The player’s strategy provides a probability of .49 of winn...

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Q: The U.S. Census Bureau serves as the leading source

The U.S. Census Bureau serves as the leading source of quantitative data about the nation’s people and economy. The following crosstabulation shows the number of households (1000s) a...

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Q: The website for the Bed and Breakfast Inns of North America gets

The website for the Bed and Breakfast Inns of North America gets approximately seven visitors per minute. Suppose the number of website visitors per minute follows a Poisson probability distribution....

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Q: Refer again to the data from the MBA new-matriculants survey

Refer again to the data from the MBA new-matriculants survey in exercise 52. a. Given that a person applied to more than one school, what is the probability that the person is 24–26 years old? b. Giv...

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Q: The Pew Internet & American Life project conducted a survey that included

The Pew Internet & American Life project conducted a survey that included several questions about how Internet users feel about search engines and other websites collecting information about them...

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Q: According to the National Association of Colleges and Employers, the 2015

According to the National Association of Colleges and Employers, the 2015 mean starting salary for new college graduates in health sciences was $51,541. The mean 2015 starting salary for new college g...

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Q: Consider a multiple-choice examination with 50 questions. Each question

Consider a multiple-choice examination with 50 questions. Each question has four possible answers. Assume that a student who has done the homework and attended lectures has probability .75 of answerin...

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Q: University endowments are financial assets that are donated by supporters to be

University endowments are financial assets that are donated by supporters to be used to provide income to universities. There is a large discrepancy in the size of university endowments. The following...

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