Questions from Business Statistics


Q: A company places a seven-digit serial number on each part

A company places a seven-digit serial number on each part that is made. Each digit of the serial number can be any number from 0 through 9. Digits can be repeated in the serial number. How many differ...

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Q: A small company has 20 employees. Six of these employees will

A small company has 20 employees. Six of these employees will be selected randomly to be interviewed as part of an employee satisfaction program. How many different groups of six can be selected?

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Q: Given P(A) = .10, P(B

Given P(A) = .10, P(B) = .12, P(C) = .21, P(A ∩ C) = .05, and P(B ∩ C) = .03 solve the following. a) P(A ∪ C) = __________ b) P(B ∪ C) = __________ c) If A and B are mutually exclusive, P(A ∪ B) = ___...

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Q: Use the values in the cross-tabulation table to solve the

Use the values in the cross-tabulation table to solve the equations given. a) P(A ∪ D) = __________ b) P(E ∪ B) = __________ c) P(D ∪ E) = ______...

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Q: Use the values in the joint probability table to solve the equations

Use the values in the joint probability table to solve the equations given. a) P(A ∪ F) = __________ b) P(E ∪ B) = __________ c) P(B ∪ C) = _____...

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Q: According to a survey conducted by Netpop Research, 65% of

According to a survey conducted by Netpop Research, 65% of new-car buyers use online search engines as part of their car-buying experience. Another study reported that 11% of new-car buyers skip the t...

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Q: According to a survey conducted by the American Pet Products Association,

According to a survey conducted by the American Pet Products Association, 68% of U.S. households own a pet. According to the Energy Information Administration, 31% of all U.S. households have trouble...

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Q: According to Nielsen Media Research, approximately 86% of all U

According to Nielsen Media Research, approximately 86% of all U.S. households have high-definition television (HDTV). In addition, 49% of all U.S. households own digital video recorders (DVR). Suppose...

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Q: A survey conducted by the Northwestern University Lindquist-Endicott Report asked

A survey conducted by the Northwestern University Lindquist-Endicott Report asked 320 companies about the procedures they use in hiring. Only 54% of the responding companies review the applicant’s col...

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Q: On a certain day, the average closing price of a group

On a certain day, the average closing price of a group of stocks on the New York Stock Exchange (to the nearest dollar) is shown. What are the mean, the median, and the mode for these data?

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