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A bank manager wanted to double-check her claim that recent process improvements have reduced customer wait times to an average of 3.3 minutes, with a standard deviation fo 1.0 minutes. To test this, she randomly sampled 25 customers and recorded their wait times. The average wait time of the customers in the sample was 3.8 minutes. Assuming the claim about wait time is true, what is the probability that a random sample of n=25 customers would have a sample mean as large as or greater than 3.8 minutes? What should the manager conclude about her claim?
Find a 95% confidence interval for the true proportion of patients who experienced cotton mouth. Show your calculations and/or explain the process used to obtain the interval.
To determine if this is evidence that students perform worse under uncomfortable conditions, The P-value of a test
Mike works in a quality at a well known saw blade company. An inpsector on his team has uncovered an issue with the kerf dimension on the bandsaw blade line.
Find a probability that a randomly chosen student owns atleast one of the above vehicles. What is the probability that a randomly chosen student does not own a bike.
Assume that p-value was 0.07, would you reject null hypothesis of equal mean rates for a Type- I error rate of 5%? (Circle one).
Let n = 269 represent the number of ticket reservations. Let r represent the number of people with reservations who show up for the flight. What expression represents the probability that a seat will be available for everyone who shows up holding ..
Computing the mean, standard deviation values for the given data - Describe how statistics is being misused in this situation
Assume independent events. Why might the assumption of independence be violated? (b) Why might a driver be tempted not to use a seat belt "just on this trip"?
Houston is $19,900 and in Los Angelos is $21,800. What is the probability that a brand manager in Houston has a base salary in excess of $100,000?
Lotto, a lottery game conducted by the Ohio State Lottery Commission, consisted of selecting six numbers from the 42 numbers 1, 2, ...,41, 42.
inverse probability based on normal distribution.the mean price of new homes from a sample of houses is 155000 with a
question a survey by accountemps asked a sample of 200 executives to provide data on the numberof minutes per day
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