One state lottery has 1,100 prizes of $1; 145 prizes of $10; 20 prizes of $75; 5 prizes of $285; 2 prizes of $1,080; and 1 prize of $2,300. Assume that 24,000 lottery tickets are issued and sold for $1. 1) What is the lottery’s standard deviation of profit per ticket? One state lottery has 1,000 prizes […]
Find at least five related articles and/or research/statistical reports on the current trends in Health Care Market in the USA. Use the FNU-Electronic databases and external sources like (not limited to) to find the material needed above. Craft a “report” based on the findings after studying the materials and arriving at conclusions from their content. Do not make comments/descriptions separately by articles; make comments based on […]
You are the director of the social service agency in your county seeking funding program to reduce unemployment rate for teenagers in the area. Nationally, the teenage unemployment rate is 20.0%. you take a random sample of 350 teenagers in your county and find out that the unemployment rate is 24.0%. is this a significant […]
A 500 MW power plant has a total installed cost of $5 billion. It produces 4 million MWh of electric energy per year with a marginal cost of $25 per MWh. It faces an enervy market price of $35 per MWh for the entire life of the plant. Assume that the life of the plant is 20 […]
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