Fred and Ed each have a bag of candy containing a lemon drop…

Fred and Ed each have a bag of candy containing a lemon drop (LD), a cherry drop (CD), and a lollipop (LP). Each takes out a piece from their own bag and eats it. 1. List the all possible pairs of candies eaten (for example, LD-CD, CD-LP, etc.). 2. Let event A be the event that Fred and Ed choose same type of candy eaten. Find the probability of event A, P(A).

The monthly rents for studio apartments in a certain city ha…

The monthly rents for studio apartments in a certain city have a mean of $960 and a standard deviation of $200.  Random samples of size 30 are drawn from the population and the mean of each sample is determined. Find the mean and standard deviation (standard error) of the mean of the sampling distribution.