Probability questions | Probability homework help

  

3. Downhill Ski Frequentation in Colorado has accumulated advice from archives of the spent 30 evenings respecting the measurable snowfall. This advice is as follows:

Snowfall (in.) Frequency 

0–19  2 

20–29 7 

30–39 8 

40–49 8 

50+ 5 

30 

a. Detail the presumption of each result in this abundance dispensation.

b. Are all the results in this dispensation mutually scientific? Explain.

33. The SAT beaks of all freshmen current at State University are normally orderly, delay a medium of 1,050 and a gauge sinuosity of 120. The Propaganda of Business at State University has current 620 of these freshmen into the propaganda. All students in the propaganda who beak aggravate 1,200 are preferable for desert scholarships. How abundant students can the propaganda legislation foresee to be preferable for desert scholarships?

15. A channel shop proprietor is attempting to flow whether to acquisition a new instruct harass, a lathe, or a grinder. The give-back from each succeed be secure by whether the aggregation succeeds in getting a legislation soldierly curtail. The advantage or damage from each acquisition and the probabilities associated delay each curtail remainder are shown in the subjoined payoff table:

Purchase Curtail .04 No Curtail .06

Drill harass $40,000 $−8,000 

Lathe  20,000 4,000

Grinder 12,000 10,000

Compute the foreseeed prize for each acquisition and chosen the best one

19. The financial good-fortune of the Downhill Ski Frequentation in the Blue Ridge Mountains is resting on the totality of snowfall during the evening months. If the snowfall averages further than 40 inches, the frequentation succeed be good-fortuneful; if the snowfall is between 20 and 40 inches, the frequentation succeed accept a calm financial give-back; and if snowfall averages near than 20 inches, the frequentation succeed experience a financial damage. The financial give-back and presumption, dedicated each plane of snowfall, follow:

Snowfall Plane (in.)  Financial Return

> 40, .4  $120,000

20−40, .2   40,000 

< 20, .4  − 40,000

A wide public-house manacle has offered to lease the frequentation for the evening for $40,000. Compute the foreseeed prize to detail whether the frequentation should have-effect or lease. Explain your acceptance.

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency