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The wall thickness of 25 glass 2-liter bottles was measured by a quality control engineer. The sample mean was 4.058 mm and sample standard deviation was 0.081 mm. Suppose that it is important to demonstrate that the wall thickness exceeds 4.0 mm. Test appropriate hypotheses using these data. Draw conclusions at α= 0.05.
According to an article, 19% of the entire US population have high-speed access to the Internet. Random samples of size 200 are selected from the US population.
A high school counselor is interested in the percentage of students who will be going to college. She randomly picks 60 students and finds that 53 will be going to college. Use a 95% confidence level to find the population proportion.
Understand autocorrelation and multicollinearlity in reference to the following questions. What type of regression is it common in? When is it likely to occur? What is its negative impact? How do we see if it exists? If found, how is it eliminated..
What was the cost for the 10 percent of employees who incurred the highest dental expense?
They hope to use a sample size such that, with probability 0.95, the error will not exceed 0.04. What sample size will ensure this, regardless of what sample proportion value occurs when they gather the sample?
Please use the regression procedure within Excel under Tools > Data Analysis to construct this equation.
Hamburger Joe's sells the best burgers in town. The variable unit cost for making one burger is $.97. The fixed cost of making burgers for 12 months will be a total of: $140,000.
What are the possible combinations of coins that Sanjay could have received in change?
The National Survey of Student Engagement (NSSE) surveys freshmen and seniors about their level of engagement in campus and classroom activities that enhance learning.
Test whether the mean weight is less than 10 pounds. Use P-value approach.
Develop a decision tree for the case of a company operating at full capacity and with product demand rising. The choice is between new equipment and overtime.
USA Today reported that 11% of all books sold are of the romance genre. If a local bookstore sells 316 books on a given day, what is the probability that
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