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According to the IRS, the average tax refund for the 70 million personal income tax returns in 1998 was $800. Assuming a standard deviation of $220, find the probability that for a random sample of 49 returns, the mean refund is between $700 and $900.
A company that manufactures computer chips wants to use a multiple regression model to study the effect that 4 different variables have on y, the total daily production cost (in thousands of dollars).
a mechatronic assembly is subjected to a final functional test. suppose that defects occur at random in these
question 1 suppose you own a campsite in chamarel and you wish to increase the site in order to increase your profits.
At the 5% level of significance, would we reject the null hypothesis that the mean breaking load is 510 pounds or more?
Find out the value of test statistic utilizing one sample proportion testing. Use the subsequent information for the below questions.
1 you are given the following payoff tyable in units of thouands of dollars for a decision analysis problem without
Explain what is meant by subjective probability. Research the Internet, and provide a business-related example in which subjective probability assessment would likely be used (be sure to cite your sources).
the values of alabama building contracts in millions for a 12-month period follow.240 350 230 260 280 320 220 310 240
problemprovide me a half page response to each of the following two discussion posts. tell me what you agree with
under what circumstances should you use a grouped frequency distribution instead of a regular frequency
Analysis of how hypothesis testing and the use of confidence intervals are the same and analyze how these are different.
if a vsdmotor combination has a torque of 100 n.m at the rated speed and full power what is the maximum torque it can
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