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A coffee manufacturer is interested in whether the mean daily consumption of regular-coffee drinkers is less than that of decaffeinated-coffee drinkers. Assume the population standard deviation for those drinking regular coffee is 1.23 cups per day and 1.37 cups per day for those drinking decaffeinated coffee. A random sample of 46 regular-coffee drinkers showed a mean of 4.36 cups per day. A sample of 36 decaffeinated-coffee drinkers showed a mean of 5.64 cups per day.
Fill in the P (X=x) values in the table to give legitimate probability distribution for the discrete random variable X, whose possible values are -4, 1,2,3 and 6.
Find a confidence interval for the mean assuming that each sample is from a normal population. Mean = 127, s = 27, n = 16. Find the 90% Confidence Interval.
Discuss the assumptions of this model. Specifically, how does each variable affect demand? How do the variables influence each other? What limitations might this model have? How can it be improved?
the lengths in centimetres of nails produced in a factory are normally distributed with mean 4.0 and variance 0.0016.
The price of shares of Bank of Florida at the end of trading each day for the last year followed the normal distribution. Assume there were 240 trading days in the year.
According to news reports, Las Vegas betting parlors increased the number of proposition (prop) bets available to gamblers for this year's Super Bowl (Example: Which team will be the first to suspend a starting player for a team rules violation?).
How can you or your department decide whether or not the variation is important? How could using a mean difference test help?
Suppose you toss ten coins and count the number of heads. What is the probability that the number of heads you count will lie within two standard deviations of the mean?
Use the normal distribution to approximate the desired probability. Find the probability that in 200 tosses of a fair die, we will obtain at exactly 30 faces.
Elucidate this data use an appropriate statistical test to explain whether the population mean TV "on" time has declined in the past decade.
it is the responsibility of the federal government to judge the safety and effectiveness of new drugs. there are two
What will be the standard deviation and the varience in each of the following casses
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