Suppose that 30% of all small businesses are undercapitalized, 40% of all undercapitalized small business fail, and 20% of all small businesses that are not undercapitalized fail. A small business is chosen at random. Find the probability that the small business succeeds if it is undercapitalized.

Q: According to an airline, a particular flight is on time 91% of the time. Suppose 41 flights are…

A: given data  sample size (n) = 41 P(flight on time) =p=0.91 x = no. of flights on time P(X=x) =…

Q: x)=2x IT X Is betwe 0 T; T(X)=C wn valuation, while the seller does r e seller sets a price, and…

A:

Q: Four hundred badminton enthusiasts burn an average of 250 calories playing for an hour with a…

A: Given data: Sample size (n) = 400 Sample mean = 250 Standard deviation = 36 calories Confidence…

Q: The key difference between binomial and hypergeometric distributions is that with the hypergeometric…

A: The key difference between binomial and hypergeometric distributions is that with the hypergeometric…

Q: A study was conducted on students from a particular high school over the last 8 years. The following…

A: The mean and standard deviation of scores on the SAT test are 1019 and 205, respectively. The mean…

Q: On be it says favorable outcomes but it not a number ..

A: Here Single fair four sided die is rolled

Q: An ice chest contains 5 cans of apple juice, 4 cans of grape juice, 4 cans of orange juice and 6…

A: given data,5- cans of apple juice 4- cans of grape juice4- cans of orange juice 6- cans of mango…

Q: If n=26, ¯xx¯(x-bar)=31, and s=8, find the margin of error at a 99% confidence level Give your…

A: Given  n=26, ¯xx¯(x-bar)=31, and s=8,

Q: Somebody claim to have obtained 5250 heads in 10000 tosses of a fair coin. Do you believe this…

A: Introduction: It is needed to determine if the cliam can be believed.

Q: In 2011, a record-breaking sandwich was made in Lebanon. The length of the sandwich was 735 meters.…

A: given data one meter =3.3 feet length of the sandwich was =735 meters length of the sandwich in…

Q: Let P = (0.9 0.9 0.1 0.2 0.8 with two states A and B. be a transition matrix for a Markov Chain 1.…

A:

Q: The scores on a test are normally distributed with an average (mean) of 72 and a standard deviation…

A: GIVEN DATA normal distributionμ = 72σ = 4

Q: Let 2 be discrete random variable taking of mama the four distributions covered Le-g…

A:

Q: Not everyone pays the same price for the same model of a car. The figure illustrates a normal…

A:

Q: The probability of parents having a child with blonde hair is 1/5. If there are 8 children in the…

A: It is given that n = 8 and p = 1/5.

Q: Let X and Y have the joint pdf { Find the conditional pdf of X given Y = y. f(x,y) = 4xy, 0, 0≤x≤ 1…

A:

Q: The population mean of a company's racing bicycles is 9.07 kg (20.0 1b) with a population standard…

A: From given data we have : μ=9.07σ=0.40

Q: On an 8-question multiple-choice test, where each question has two (2) answers, what would be the…

A: Probability for at least 1 written as P(X ≥ 1) = 1 - P(X <1) I am solving below fir better…

Q: a large state University located just a bit North of us. Your null hypothesis is that the overall…

A:

Q: The time X is takes to reboot a certain system has Gamma distribution with E(X)=2.5 min and Var…

A:

Q: Page 353, 5.4.4.* Let X and Yn be 1-dimensional random variables such that Xn and Yn are independent…

A: Solution: From the given information, Xn and Yn be 1-dimensional random variables such that Xn and…

Q: Giving a test to a group of students, the grades and gender are summarized below A B C Total…

A: To find: Find the probability that the student was male OR got an "C".

Q: fair spinner with 3 sections, numbered 0, 2, and 6. Then the player Four faces, numbered 1, 2, 3,…

A:

Q: Find the expected value of the random variable. X P(x) 2 0.2 3 0.3 What is the expected value? 4 5…

A: Solution

Q: Suppose you know that Var(Z)=(k+1)E(Z) where k is 7. Determine the distribution of Z and find its…

A: Given that Suppose you know that Var(Z)=(k+1)E(Z) where k is 7. We have to  Determine the…

Q: a)Calculate an unbiased point estimate of Pm. b) We wish to construct a 94 % classical confidence…

A: It is given that Sample size nm = 700 Number of patients with serious symptoms, xm = 226 Confidence…

Q: Assume a variable is normally distributed with a mean of 30 and standard deviation of 6. P(x>32) =…

A: From the provided information, Mean (µ) = 30 Standard deviation (σ) = 6 X~N (30, 6)

Q: The length of trout caught from a certain lake has a standard deviation of 1.8 inches. How many fish…

A: From the provided information, Population standard deviation (σ) = 1.8 Margin of error (E) = 0.76…

Q: lottery game, a single ball is drawn at random from a container that contains 25 identical balls…

A:

Q: A player losses a fair 6 sided dice. If the number on the die is a 3 or an 5 he receives $5 if the…

A:

Q: What is the probability that a five-card hand will contain exactly two 2's? What is the probability…

A: Since you have posted multiple questions, we will provide the solution only to the first question as…

Q: Every day, a lecture may be canceled due to inclement weather with probability 0.05. Class…

A: Let p be the probability of canceling the class. Given that p = 0.05 Let X denote the number of…

Q: One half of the people in the United States own individual stocks. In a random sample of 12 people,…

A:

Q: It is the beginning of September and you have been offered the following deal to go heli-skiing. If…

A: From given data we have : Probability = 30% Cost of vacation = $4600 Cost of capital = 11% per year…

Q: C1. Let X be a continuous random variable with PDF f(x) = (2-x) for-1 ≤x≤c and f(x) = 0 otherwise.…

A:

Q: For the experiment described below, let x determine a random variable, and use your knowledge of…

A: Given information- We have given that a bag contains 4 green balls and 6 white balls. Total number…

Q: Let n and m be two integers such that n>m>0. If a bit string of length n is randomly selected, what…

A: solution  current answer is option is c  the required probability  = 2^n-m/2^n

Q: Let X and Y be random variables with joint distribution showing in the following figure. P(x,y) 1 0…

A: Result: X and Y are independent iff P(X=x,Y=y)=P(X=x)P(Y=y) Otherwise not independent

Q: Local parents and their children were invited to the grand opening of a daycare center. Each of the…

A: pencil cup magnet total parent 19 40 12 71 child 15 47 2 64   34 87 14 135

Q: Dave's wardrobe contains 25 T-shirts, of which 10 are gray. Dave selects a T-shirt at random. What…

A: Given Dave's wardrobe contains 25 T-shirts, of which 10 are gray.

Q: A domestic manufacturer of watches purchases quartz crystals from a Swiss firm. The crystals are…

A:

Q: The backoff torque required to remove bolts in a steel plate is rated as high, moderate, or low.…

A: Given that  X ~ Binomial (n1 = 15 , p1 = 0.58) Y ~ Binomial (n2 = 15 , p2 = 0.15) Z ~ Binomial (n3 =…

Q: Which of the following is true for the F and t-distributions?   Question 9 options:   They are…

A: We need to answer, which of the given statements is true for the F and t-distributions.

Q: Given the following probabilities for an event E, find the odds for and against E. 8 (A) 9 3 (B) 7…

A: Here we have given the probabilities of the events We have to find odds for  and  odds  against for…

Q: In a deal or no deal game where there are 26 cases and 6 cases were opened. What is the probability…

A: It has not been mentioned in the question, what is the criterion to win $1,000,000. As this is the…

Q: Suppose that a discrete random variable X has the following probability mass function, X 1 f(x) // 5…

A: Given Suppose that a discrete random variable X has the following probability mass function

Q: between 12 and 24 years of age? (b) What is the probability he or she is between 25 and 64 years…

A: It is given that a survey of 3000 Americans aged 12 through 74 years, the following makeup of the…

Q: The management of the Cambridge Company has projected the sales of its products (in millions of…

A: Given information: X=Sales 20 23 26 29 32 35 p=Probability     0.05     0.11     0.38     0.26…

Q: Suppose population 1 consists of all students who picked up all the tests they completed prior to…

A: Given information: x¯1=83, s1=10.4, n1=56x¯2=67, s2=24.2, n2=51α=0.01

Q: Assume that the coin is flipped 4 times, and the random variable X is defined to be 2 times the…

A: The value of X is -16, -10, -4, 2, 8.