The following table of probabilistic time estimates (in weeks) and activitypredecessorsare provided for a project.Time Estimates(weeks)ActivityambActivityPredecessorA357B4 810Aс23AD6912B, CE5 915DTable 9.2Reference: Ref 9-2Using Table 9.2, the probability that the project could be completed in 34 weeks orless is approximatelySelect one:O A. 0.96.B. 0.89.O C.0.86.O D. 0.91.сл

GivenThe table of probabilistic time estimates in weeks and activities predecessors as shown below

Answered: The following table of probabilistic…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Q4A The British Department of Transportation studied to see if people avoid driving on Friday the 13th. They did a traffic count on a Friday and then again on a Friday the 13th at the same two locations ("Friday the 13th," 2013). The data for each location on the two different dates is in following table: Table: Traffic Count Dates 6th 13th 1990, July 139246 138548 1990, July 134012 132908 1991, September 137055 136018 1991, September 133732 131843 1991, December 123552 121641 1991, December 121139 118723 1992, March 128293 125532 1992, March 124631 120249 1992, November 124609 122770 1992, November 117584 117263 Let μ1 = mean traffic count on Friday the 6th. Let μ2 = mean traffic count on Friday the 13th. Estimate the mean difference in traffic count between the 6th and the 13th using a 90% level. (i) Determine the sample mean of differences x⎯⎯di Determine the sample mean of…
Each point on the Kaplan Meier curve represents: A. The number of people at risk at a given point in time. B. The cumulative probability of survival up to that point. C. The prevalence of disease at a given time point. D. The probability of survival at that time point only.
C8. According to the Pew Research Center (2015), recent immigrants are better educated than earlier immigrants to the United States. The change was attributed to the availability of better education in each region or country of origin. The percentage of immigrants 25 years of age and older who completed at least high school is reported in this table for 1970 to 2013. Write a statement describing the change over time in the percentage who completed at least a high school degree. 1970 1980 1990 2000 2013 Mexico 14 17 26 30 48 Other Central/South America 57 53 60 66 Asia 75 72 75 82 84 48 68 81 87 95 Europe 36 48 52 58 72 Caribbean 81 91 88 85 85 Africa Source: Pew Research Center, Modern Immigration Wave Brings 59 Million to U.S., Driving Population Growth and Change Through 2065, 2015. Retrieved from https://www.pewresearch.org/hispanic/2015/09/28/modern- immigration-wave-brings-59-million-to-u-s-driving-population-growth-and-change-through-2065/ 52
Back up your data: In a survey backed up their computer's hard drive. The following frequency distribution presents the results. mmissioned by an electronics company, U.S. computer users wereasked how often they Response More than once per month Frequency 844 Once every 1-3 months 521 Once every 4-6 months 229 Once every 7-11 months Once per year or less Never
Textbook prices have a seasonal structure on Ebay. At the end of a term, the supply of used books outstrips demand, and the price is lower. Near the start of a term, many students are looking for books, and the price is higher. Suppose we can classify sales for a particular chemistry textbook into these two time periods and an "other" time period in the proportions shown below. We have also listed the average price the textbook sells for in each of these three time periods Start of Term End of Term Other Sales Proportion Average Price 0.43 0.31 0.26 97.97 49.93 73.83 For example, about 45% of Ebay auctions for this chemistry textbook occur at the start of the term and the books sell for an average of $82.52 during this time. Using the information above, compute the average price of the textbook over all seasons. (Do not put a dollar sign in your answer). Round your answer to two decimals. Average Price over all seasons = $
You collect data of average annual returns for Amazon Stock and Microsoft Stock and make the following table: (This data can be copied into Excel.) Year Amazon Return Microsoft Return 2013 0.5896 0.1221 2014 -0.2218 0.2416 2015 1.1778 0.1944 2016 0.1095 0.1200 2017 0.5596 0.3766 2018 0.2843 0.1874 2019 0.3216 0.5526 You use this data to answer the research question: are true population Amazon Returns greater than true population Microsoft Returns?
Johnson Filtration, Inc., provides maintenance service for water-filtration systems throughout southern Florida. Suppose that in addition to information on the number of months since the machine was serviced and whether a mechanical or an electrical repair was necessary, the managers obtained a list showing which repairperson performed the service. The revised data follow. Time bo + b₁ Months + b₂ Type + b3 Person Round your answers to three decimal places. bo b₁ b₂ b3 Repair Time in Hours 2.8 3.0 4.7 1.9 2.9 4.8 4.2 4.9 4.3 4.4 0000 Months Since Last Service 2 6 8 3 a. Develop the estimated regression equation to predict the repair time given the number of months since the last maintenance service, the type of repair, and the repairperson who performed the service. Assume that ₂ = 1 if the type of repair is electrical and 3 = 1 if Dave Newton performed the service. Enter negative value as negative number. 2 7 9 8 4 6 Type of Repair Electrical Mechanical Electrical Mechanical…
1. ABC inc. stock is currently selling for $30, one year from today the stock price can either increase by 20% or decrease by 15%. The probability of an increase in the stock price is equal to 0.3. The one-year risk-free rate is 5% What is the value of a European put that expires in one year with an exercise price of $24. 2. Graphically, show the value and the profit and loss of the following butterfly position: Long in a call with an exercise price of $30, short in 2 calls with an exercise price of $45, and long in a call with an exercise price of 60. All calls are written on the same stock and have the same maturity. 3. "Early exercise of an American option on a stock that does not pay any dividend is not optimal regardless of whether the option is a Call or a Put". True, False, or Uncertain. Explain.
A poll uses responses everal questions to calculate a "Happiness" index that measures overall happiness. An article included the happiness index for the 7 years between 2008 and 2016. Also included in the article were the percentages of people who responded "somewhat agree" or "strongly agree" to the following statements. Statement 1 (happy with life) 1: At this time, I'm generally happy with my life. Statement Year 2008 2009 2010 2011 2013 2015 2016 2 (won't benefit): I won't get much benefit from the things that I do anytime soon. Happiness Index 36 36 34 32 36 33 30 Happy with Life Statement (percentage somewhat or strongly agree) 82 83 78 79 83 80 82 Won't Benefit Statement (percentage somewhat or strongly agree) 31 37 35 39 39 37 42 (a) Calculate the value of the correlation coefficient for Happiness index and the response to the Happy with life statement. (Round your answer to four decimal places.) 0.8321 x (b) Calculate the value of the correlation coefficient for Happiness…
A psychologist believed that as children get older, they engage in more “inactive activities” such as playing computer games, watching TV and surfing the internet. She collected data from 10 children. She recorded the age of each child and the amount of activity (in hours) the child engaged in per week. Age Activity 7 4.3 9 3.2 10 1 13 1.5 12 1.2 15 0.8 9 3 12 4 15 1.5 14 1.9 Using excel, obtain a scatterplot of the data. Discuss the relationship between age and activity based on the scatterplot. Using excel, obtain the simple linear regression linear regression line predicting activity from age. Interpret the intercept and slope of the regression line. By hand, predict the amount of activity for age = 14. By hand, calculate the residual for age = 14 Using excel output, test the null hypothesis that the slope coefficient is zero using the p-value approach. Write one sentence interpreting the meaning of this result. Make sure to report the test statistic…
I'm not sure where is my mistake solving this problem. I have revised my calculation three times already and I'm not sure if the step to solve it is wrong or if it is my rounding the problem. Thank you for your help

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