# the market. To back up her claim, she recommends n stocks for the coming year.In fact, each of her recommendations has a 50 percent probability of beating themarket and a 50 percent probability of doing worse than the market. Assumingindependence, is she more likely to have at least a 60 percent success rate if sherecommends 10 stocks or 100 stocks?4.26 A woman wrote to Dear Abby, saying that she had been pregnant for 310 daysbefore giving birth [24]. Completed pregnancies are normally distributed with amean of 266 days and a standard deviation of 16 days. What is the probabilitythat a completed pregnancy lasts at least 310 days?4.27 Explain why this is misleading:In 70 percent of all traffic accidents, the driver is less than 10 miles from home.These data show that drivers who are close to home feel safe and tend to relaxand pay less attention when they are, in fact, most likely to have an accident.4.29 Explaining why he was driving to a judicial conference in South Dakota, the chiefjustice of the West Virginia State Supreme Court said ?I?ve flown a lot in my life.I?ve used my statistical miles. I don?t fly except when there is no viable132 ESSENTIAL STATISTICS, REGRESSION, AND ECONOMETRICSalternative? [25]. What do you suppose the phrase used my statistical milesmeans? Explain why you either agree or disagree with the judge?s reasoning.Solution details:STATUS Answered QUALITY Approved ANSWER RATING This question was answered on: Apr 19, 2020 PRICE: \$15 Solution~000.zip (25.37 KB) Buy this answer for only: \$15 This attachment is locked × Please Enter The Email Where You Want To Receive Solution. Get this solution for only: \$

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