company's expected profit? (don't put $) S.
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- O If p(A) = 0.17, p(B) = 0.06 and p(A and B) = 0.0102, are A and B independent? %3DFoot temperatures: Foot ulcers are a common problem for people with diabetes. Higher skin temperatures on the foot indicate an increased risk of ulcers. In a study performed at the Colorado School of Mines, skin temperatures on both feet were measured, in degrees Fahrenheit, for 8 diabetic patients. The results are presented in the following table. Left Foot Right Foot 89 86 89 87 78 78 80 81 87 82 86 85 76 80 88 89 Send data to Excel((NINETEEN)) (d) Find the p-value. (Round to three or more decimal places.)(e) Is there enough evidence to support the marriage counselor's claim that theproportion of married couples for whom her program can prevent divorce ismore than 75%?O Yes O No
- The time to complete a race is a latent or hidden variable for the ordinal variable for 1st, 2nd, and 3rd place. True FalseH H T T T H T H H T TH T H T H TH TH TH T The probability of obtaining two heads and two tails (Type an integer or a fraction.)In the table below x denotes the X-Tract Company’s projected annual profit (in $1,000). The table also shows the probability of earning that profit. The negative value indicates a loss. x f(x) x = profit -100 0.01 f(x) = probability -200 0.04 0 100 0.26 200 0.54 300 0.05 400 0.02 14 If we quadruple each value in the profit column above, the new variance of profit will be. a 187,136 b 183,467 c 179,870 d 46,784
- Formula: Expected value = E(x) = x1P1+x2P2+ ... + xnPn Where x = the outcome and P = probability of outcome Dr. Kimball likes to go fishing with his son. To motivate his son, he pays him for the first fish that he catches. There are two types of edible fish that his son can catch: Trout and Salmon. If he catches a Trout he pays him $5, if he catches Salmon $3. There is a 20% chance that he will catch a trout and 50% that he will catch a Salmon. On average, how much does Dr. Kimball pay his son on a trip?In the table below x denotes the X-Tract Company’s projected annual profit (in $1,000). The table also shows the probability of earning that profit. The negative value indicates a loss. x f(x) x = profit -100 0.01 f(x) = probability -200 0.04 0 100 0.26 200 0.54 300 0.05 400 0.02 12 If we add $45 to each value in the profit/loss column above, the new variance of profit will be, a 12,169 b 11,741 c 11,696 d 11,467In the table below x denotes the X-Tract Company’s projected annual profit (in $1,000). The table also shows the probability of earning that profit. The negative value indicates a loss. x f(x) x = profit -100 0.01 f(x) = probability -200 0.04 0 100 0.26 200 0.54 300 0.05 400 0.02 6 The probability that X-Tract will break even is, f(x = 0) = ________. a 0.06 b 0.07 c 0.08 d 0.09
- Mission Hotel has an average of 80 customers per hours arrive the front desk waiting check-in. They usually have 5 to 7 clerk attending customer, but to make it simple, let say that at present hay have 5 clerks. Statistic has shown that on average clerk takes 3.2 min/customer and they can earn $12/hour. Mission Hotel considers a waiting cost of $25 for each hour a customer is waiting in line. Computer the expected cost/hour of the current system. O $186.80 $106.00 $256.00 $126.00When it is sunny, Joe's ice cream truck generates a profit of $547 per day, when it is not sunny, the profit is $250 per day, and when the truck is not out there selling ice cream, Joe loses $120 per day. Suppose 8% of a year Joe's truck is on vacation, and 86% of a year the truck is selling ice cream on sunny days, what is the expected daily profit the truck generates over a year? Enter answer as a decimal rounded to TWO digits after the decimal point.need answer and all the work
