A $70000 oil detector is lowered under the sea to detect oil fields, and it becomes detached from the ship. If the instrument is not found within 36 hours, it will crack under the pressure of the sea. It is assumed that a SCUBA diver will find it with probability 0.93, but it costs $ 300 to hire each diver. a)How many SCUBA divers should be hired in order to maximize the expected gain? answer: (round to nearest integer) b)Using your answer to part a), what is the expected gain? answer: $

Q: rior to the application of any deductible, losses follow an Exponential distribution with θ = 31.…

A: Exponential distribution with a mean amount of loss θ = 31 fx,θ=1θe-1θx x≥00             x<0…

Q: Refer to the sample data for pre-employment drug screening shown below. If one of the subjects is…

A: False positive means that the person is not using drugs but drug use is indicated by the test, and…

Q: Based on a poll, among adults who regret getting tattoos, 19% say that they were too young when they…

A:

Q: Based on a poll, among adults who regret getting tattoos, 22% say that they were too young when they…

A: As per guidelines expert have to answer first question only dear student please upload other…

Q: Robert bought a $5 lottery ticket such that 1 in 100 would win $10, 1 in 1000 would win $100, and 1…

A: Given data: Robert bought a $5 lottery ticket such that 1 in 100 would win $10, 1 in 1000 would win…

Q: The owner of a newsstand in a college community estimates the weekly demand for a certain magazine…

A: From the provided information, The probability distribution table is as follow: Quantity Demanded…

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A: Let us define some events A : great deal of confidence in banks and financial institutions. B :…

Q: A community youth group is having a raffle to raise funds. Several community businesses have donated…

A: a) To compute the expected value, multiply each possible value by its probability and add its…

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A: Here, we have to find probability that none of the selected adults say that they were too young to…

Q: Based on a poll, among adults who regret getting tattoos, 17% say that they were too young when they…

A: P=0.17q=1-p=1-0.17=0.83n=7

Q: The probability of a false positive test result is 0.168 (Round to three decimal places as needed.)…

A:

Q: From experience, an airline knows that only 70% of the passengers booked for a certain flight…

A:

Q: A community youth group is having a raffle to raise funds. Several community businesses have donated…

A: Given information- We have given that a community youth group is having a raffle to raise funds.…

Q: Use the given information to find the indicated probability. P(A ∪ B) = 0.8, P(B) = 0.5, P(A ∩ B) =…

A:

Q: Machinists who work at a tool-and-die plant must check out tools from a tool center. An average of…

A: arrival rate =lambda= = 10 machinist per hourThe service rate () = 5 min to hander per request…

Q: Briefly, what does the coefficient of determination mean for this data? f. Slope g. Intercept = e.

A: (d)  Coeff of determination = 0.631 Symbol = R2

Q: None

A: Exponential distribution formulas:f(x) = λe-λxP (X > x) = e-λxP (X < x) = 1 - e-λx where:μ =…

Q: parts​ (a) through​ (d) below. a. What is the probability that the​ student's alarm clock will not…

A:

Q: For a branching process,calculate π0 = the probability of going extinct, when p0=.1, p2=.9. Round…

A: Given data p0=.1  and p2=.9

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A: Given that at an online computer store 60% of computers sold are laptops.

Q: From experience, an airline knows that only 70% of the passengers booked for a certain flight…

A:

Q: What would an H0 (Null) look like for an ANOVA? At least one of the sample means is different from…

A: Solution null hypothesis for one-way ANOVA with k groups is H0 : µ1 = ··· = µk. The alternative…

Q: . Find the probability that none of the selected adults say that they were too young to get tattoos.…

A: Given : Based on a​ poll, among adults who regret getting​ tattoos, 27​% say that they were too…

Q: 5% of all Americans live in poverty. If 43 Americans are randomly selected, find the probability…

A: given that 15% of all Americans live in poverty. If 43 Americans are randomly selected.

Q: Find the probability that the proportion of the sampled adults who drink coffee daily is between…

A: 63% of US adults drink coffee daily. Sample size

Q: The owner of a newsstand in a college community estimates the weekly demand for a certain magazine…

A: The formula to find the expected value is, EX=∑xPX

Q: Based on a poll, among adults who regret getting tattoos, 12% say that they were too young when they…

A: