6.2.07 – An Orthodontist Has Three Financing Packages
MyStatLab
Pearson
Gives percentages and dollar amounts for three different financing packages and for the standard deviation.
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Gives percentages and dollar amounts for three different financing packages and for the standard deviation.
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Talks about an airport entry randomly choosing % baggage to open. Asks if two possible outcomes, if probability stays the same, if independent, and if bernoulli.
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Asks what the probability is of all firms owned by women.
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For an MBA student, they are asking which exam the student did relatively better, the econ exam or the math exam.
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Gives a z-score and asks what it means.
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Given the mean and standard deviation of standardized normal model IQ tests, draw the model using the 68-95-99.7 rule, predict which interval the center X% will be found, find what percent of people will score above X amount, find what percent of people will score between X and Y, and find the percent of people who score above X.
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Warning: MyLab has several Mutual Fund problems. THIS is the one that uses the 68-95-99.7 rule to find a % or more, a % or less, between two %’s.
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For a number of trading days, gives the mean stock price and standard deviation. Asks above a certain price, below, between, and which is more unusual.
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Warning: MyLab has several mutual fund questions. THIS is the one that gives mean return and standard deviation. Asks for percentiles and the IQR only. (The other one asks for more, less, and between)
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Gives mean and a percent. Asks for standard deviation and the curve. Then gives standard deviation and a percent and asks for the mean and the curve.
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