Question

Kevin Pearson really wants a 1991 John Candelaria baseball card. He buys 16 packs of baseball cards at the store. Suppose each pack has a 32% chance of having the card he wants. What is the probability that... (input a decimal rounded to four places, or a percent rounded to 2 decimal places)

a) exactly 3 of the packs he bought contain the card he wants?

b) 10 or fewer of the packs contain his card?

c) at least 7 of the packs contain his card?

d) at least one of the packs contains his card?

Answer #1

Suppose Nathan, an avid baseball card collector, is interested
in studying the proportions of common, uncommon, and rare baseball
cards found in newly purchased card packs. Each card pack contains
exactly 10 baseball cards. The fine print on each pack of cards
says that, on average, 75% of the cards in each pack are common,
15% are uncommon, and 10% are rare. Nathan wishes to test the
validity of this claimed distribution, so he randomly selects 20
packs of baseball...

Holding period and annual? (investment) returns. Baker Baseball?
Cards, Inc. originally purchased the rookie card of? Hammerin' Hank
Aaron for $ 33.00. After holding the card for 4 years, Baker
Baseball Cards auctioned the card for $132.00. What are the holding
period return and the simple annual return on this? investment?
Investment
Original Cost
of Investment
Selling Price of Investment
Distributions
Received
Percent Return
+
+
??CD
? $500
?$540
?$0
??
??Stock
?$23
?$34
?$2
??
??Bond
?$1,040
?$980...

Delta airlines case study
Global strategy. Describe the current global
strategy and provide evidence about how the firms resources
incompetencies support the given pressures regarding costs and
local responsiveness. Describe entry modes have they usually used,
and whether they are appropriate for the given strategy. Any key
issues in their global strategy?
casestudy:
Atlanta, June 17, 2014. Sea of Delta employees and their
families swarmed between food trucks, amusement park booths, and
entertainment venues that were scattered throughout what would...

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