Prob and stats exam 1 - Study guides, Class notes & Summaries
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Prob and Stats Exam 1 Questions & Answers 2023/2024
- Exam (elaborations) • 4 pages • 2023
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Prob and Stats Exam 1 Questions & Answers 2023/2024 
 
 
The life of the battery of a certain laptop (between charges) is normally distributed with a mean of 20 hours and a standard deviation of 3 hours. What is the probability that the battery of the laptop will last for between 14 and 23 hours? - ANSWER-μ=20 
σ=3 
z=x-μ/σ 
z=14-20/3 
z=23-20/3 
P(-2<=Z<=1) 
φ(1)-φ(-2) 
 
The event A has a probability of 2/3 and there is a probability of 3/4 that at least one of the 
events A and B ...
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NACC PRACTICE EXAM Questions and Answers Latest Updated 2024/2025 (VERIFIED)
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NACC PRACTICE EXAM Questions and Answers Latest Updated 2024/2025 (VERIFIED) The most pressing cause 1. The most pressing cause of health care reform ha of health care reform has been 
A. Rising costs of providing technology, drugs and services 
B. The depression 
C. Lack of available technology 
D. Lack of accessibility 
2. Which Law ensures that every citizen has ac Which Law ensures that every citizen has access to cess to health care? health care? 
A. The long term care facilities act 
B. Th...
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NACC PRACTICE EXAM Questions and Answers Updated 2024/2025 (100% Correct)
- Exam (elaborations) • 63 pages • 2024
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NACC PRACTICE EXAM Questions and Answers Updated 2024/2025 (100% Correct) The most pressing cause 1. The most pressing cause of health care reform ha of health care reform has been 
A. Rising costs of providing technology, drugs and services 
B. The depression 
C. Lack of available technology 
D. Lack of accessibility 
2. Which Law ensures that every citizen has ac Which Law ensures that every citizen has access to cess to health care? health care? 
A. The long term care facilities act 
B. The C...
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NACC PRACTICE EXAM Questions and Answers Updated 2024/2025 (GRADED)
- Exam (elaborations) • 63 pages • 2024
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NACC PRACTICE EXAM Questions and Answers Updated 2024/2025 (GRADED) The most pressing cause 1. The most pressing cause of health care reform ha of health care reform has been 
A. Rising costs of providing technology, drugs and services 
B. The depression 
C. Lack of available technology 
D. Lack of accessibility 
2. Which Law ensures that every citizen has ac Which Law ensures that every citizen has access to cess to health care? health care? 
A. The long term care facilities act 
B. The Canada ...
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CFA Level 3 Exam 204 Questions with Answers 2023,100% CORRECT
- Exam (elaborations) • 22 pages • 2023
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CFA Level 3 Exam 204 Questions with Answers 2023 
 
 
bounded rationality - CORRECT ANSWER individuals act as rationally as possible but are constrained by a lack of knowledge and cognitive ability 
 
satisfice - CORRECT ANSWER making a reasonable but not necessarily optimal decision 
 
the price is right - CORRECT ANSWER asset prices reflect and instantly adjust to all available information 
 
weak-form efficiency - CORRECT ANSWER prices inncoporate all past price and volume data 
 
semi-strong...
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