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Question 1 refers to the following scenario: In games played by NFL teams, turnovers (fumbles lost and interceptions) can be critical determinants of victory. Suppose
Question 1 refers to the following scenario: In games played by NFL teams, turnovers (fumbles lost and interceptions) can be critical determinants of victory. Suppose teams' typical performance re: turnovers can be summed up with this pie chart: 3 or more turnovers 10% Zero turnovers 50% 1 or 2 turnovers 40% Further suppose that given these turnover performances, teams' probability of winning are as follows: Given \"Zero turnover\2. Consider a portfolio comprising hundreds of thousands of especially risky loans. Declarations of bankruptcy among the borrowers in this portfolio can be modeled us the Poisson distribution with a mean occurrence rate of 0.3 per day. Over a given 4-c period, what is the probability of there being at least one bankruptcy declaration? A. Not greater than 0.35 B. Greater than 0.35 but not greater than 0.40 C. Greater than 0.40 but not greater than 0.45 D. Greater than 0.45 but not greater than 0.50 E. Greater than 0.50 3. Suppose X is a normally distributed random variable with a mean (u) of 80 and a standard deviation (0) of 4. What is p(77.6
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