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An accounting firm has been hired by a large computer company to test whether the proportion of accounts receivables with errors in Division1 exceeds 7%. A random sample of size 100 accounts was taken in 8 accounts were found to have errors. Calculate the test statistic. Zsample for this problem (TS) Round your final answer to 2 decimal places.
A standard deviation of 20. If the seller wishes to have adequate stock 95% of the time, how many of the games must she keep on hand.
a loan officer in a large bank has been assigned to screen 60 loan applications during the next week. if her past
Suppose that you're the Quality Manager for the Emerson D. Meritz Machine Tool Company. Your model IE566 grinding machine is afflicted by three types of defects classified as major (type A), serious (type B) and minor (type C).
1. the daily demand for milk in gallons at gillis grocery is n1000 100. how many gallons must be in stock at the
Which approach is most preferred and why? Optimistic, conservative, or minimax regret. Also, is establishing the most appropriate approach before analysising the problem important for the decision maker?
Pulse rate is an important measure of the fitness of a person's cardiovascular system. The mean pulse rate for all U.S. adult males is approximately 72 heart beats per minute.
in a test of effectiveness of garlic for lowering cholesterol 42 subjects were treated with garlic in a processed
Find out the probability distribution of your net winnings if you play one time. Calculate the mean and the standard deviation.
Which of the following exam scores should lead to the better grade?
Find the probability that a randomly selected bolt can be used (either immediately or after being cut). Find the probability that fewer than 15 out of 20 bolts can be used.
Normalized matrix for one decision criterion at Firm T is given below.
B is independent of C or not? Focus on probabilities assigned in the subsets, 0.05 is repeated in C, but 0.10 is repeated in B, so P(A∩C)=?
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