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A large corporation receives express mail deliveries at its main office in New York daily. The express mail is delivered by two firms: Fad Express and Emerald. From recent corporate data, 60 percent of the deliveries are made by Fad Express and 40 percent by Emerald. Bothcompanies guarantee delivery by 11 a.m. Also, based on recent data given that Fad Express made the delivery, the probability it was late (i.e. arrived after 11 a.m.) is 0.10 and if Emerald made the delivery, the probability that it was late is 0.20. An express mail delivery arrived late in the main office in New York. What is the posterior probability that it was delivered by Emerald?
What is the difference between calculating a confidence interval on the mean vs calculating the confidence interval on a proportion?
the professor teaching a large introductory class gives a final exam that has alternate forms a b and c. a student
a sample of sales records for jmk shows the average revenue per day is 4275 with a standard deviation of 720 following
a standard 6-faced die is rolled twice in an experiment. let a and b be the outcome of the 1st and 2nd rolls
People with MBAs often get promoted faster than people without the degree. Prepare a 92% confidence interval estimate for the population proportion.
a recent survey of 15000 nebraskans concluded that 35 of nebraskans did some shopping on black friday. a random sample
fran believes that the odds in favor of her team winning the basketball game tomorrow are 9 to 7. what is the
Customers bought 5 times as many boxes of light bulbs as switch plates. How many of each did Light Bright Warehouse sell?
Ace Machine Works estimates that the probability its lathe tool is properly adjusted is 0.8. When the lathe is properly adjusted, there is a 0.9 probability that the parts produced pass inspection.
Explain with the help of a text or personal example, the use and application of Bayes' approach. Briefly, what is the history of Bayesian statistics
If wages were increased by $1.00, what is the expected effect on the number of complaints received per employee? How can you tell?
What is an estimate of the proportion defective for the piston manufacturing process when it is control?
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