Which of the following characterizes a Bernoulli process? Multiple Choice Either outcome has the same chance of occurrence. The probability of "success" varies with each trial. A random experiment that has only two outcomes. The "success" must be a desirable outcome.
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Which of the following characterizes a Bernoulli process?
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Either outcome has the same chance of occurrence.
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The probability of "success" varies with each trial.
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A random experiment that has only two outcomes.
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The "success" must be a desirable outcome.
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- cording to a job website, each job opening on average attracted 251 résumés in 2016. The job market improved in 2017 compared to 2016, which means that more people will likely be switching jobs but also fewer nemploved workers remain in the job market. To find out which trend is stronger, a random sample of 20 employers in a region was taken. Each employer reported how many résumés they received in 2017 for each b opening. Their answers are shown in the accompanying table. Using a = 0.10, complete parts a through d. Click the icon to view the data on résumés received, a. State the null and alternative hypotheses. Determine the null hypothesis, Ho, and the alternative hypothesis, H,. Job Opening Data Ho: H = 251 * 251 210 208 (Type integers or decimals. Do not round.) 219 251 b. Does this sample provide enough evidence to suggest that the number of résumés that were received in 2017 has 207 185 270 220 Identify the critical value. 283 225 205 232 217 206 (Round to two decimal places as…Warranty records show that the probability that a new car needs a warranty repair in the first 90 days is 0.05. If a sample of 3 new cars is selected: The key components of this problem are:Sample size (trials) = 3 new carsProbability of “success” = 5% 1. Number of “successes”: A: Exactly 0B: 1 or moreC: More than one Question one please, answer to select from is below the question.Find the expected value of the random variable. Hugh buys $6,000 worth of stock in an electronics company which he hopes to sell afterward at a profit. The company is developing a new laptop computer and a new desktop computer. If it releases both computers before its competitor, the value of Hugh's stock will jump to $21,000. If it releases one of the computers before its competitor, the value of Hugh's stock will jump to $11,000. If it fails to release either computer before its competitor, Hugh's stock will be worth only $3000. Hugh believes that there is a 75% chance that the company will release the laptop before its competitor and a 58% chance that the company will release the desktop before its competitor. Assume that the development of the laptop and the development of the desktop are independent events and find Hugh's expected profit. O A. $8510.00 B. $13295.00 O C. $13880.00 O D. $16130.00 O E. $14510.00
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