1. A charity sells raffle tickets for $1 each. First prize is $500, second prize is $100, third prize is $10. If you bought one of the 1000 tickets sold, what are your expected winnings? 2. Suppose a student is offered a chance to draw a card from an ordinary deck of 52 playing cards and win $15...
Read RFC 5321 for SMTP. What does MTA stand for? Consider the following received spam email (modified from a real spam email). Assuming only the originator of this spam email is malacious and all other hosts are honest, identify the malacious host that has generated this spam email. From - Fri Nov...
If a box contains 4 rubber gaskets and 2 plastic gaskets, what is the probability of drawing (a) First the plastic and then the rubber gaskets (b) First the rubber and then the plastic ones? Do this by using a theorem and checking it by multiplying probabilities.
On October 1, 2014, Jay Pryor established an interior decorating business, Pioneer Designs. During the month, Jay completed the following transactions related to the business: Oct. 1. Jay transferred cash from a personal bank account to an account to be used for the business in exchange for capital...
Ocean Corp.’s comprehensive insurance policy allows its assets to be replaced at their current value. The policy has a $50,000 deductible clause. One of Ocean’s waterfront warehouses was destroyed in a winter storm. Such storms occur approximately every four years. Ocean incurred $20,000 of...
You are conducting an audit of sales for James Smith Pty Ltd, a retail chain store with a computerized sales system in which computerised cash registers are integrated directly with accounts receivable, sales, perpetual inventory records and sales commission expense. At the time of sale, the sales...
Ethanol blended with gasoline can be used to power a “flex-fueled” car. One particular blend that is gaining in popularity is E85, which is 85% ethanol and 15% gasoline. E85 is 80% cleaner burning than gasoline alone, and it reduces our dependency on foreign oil. But a flex-fueled car costs...
Questions related to Statistical Techniques in Business