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A warehouse distributor of carpet keeps 6000 yards of deluxe shag carpet in stock during a month. The average demand for carpet from the stores that purchase from the distributor is 4500 yards per month, with a standard deviation of 900 yards. what is the probability that a customer's order will not be met during a month?
A car insurance compancy has recorded the number of claims for the past quarter by age and gender. The information is recorded below.
Explain how the proposed survey addresses your problem statement. Explain what ethical implications must be considered when developing survey questions
A gambler loses 10 times running at roulette. He decides to continue playing because he is due for a win, by the law of averages. A bystander advises him to quit, on the ground that his luck is cold. Who is right? Or are both of them wrong?
Determine standard deviation be if sample contained 100 students rather than 50? How large the sample is required to decrease standard deviation of percentage who say "Yes" from 7% to 3.5%?
You are dealt 2 cards successively without replacement from a shuffled deck of 52 cards. Find the probability that the first card is a king and the second card is a queen.
The population standard deviation was 1.7 years using .95 degree of confidence what is the confidence interval for the population mean?
Find out optimal decision
We suggest that you use the graphical approach to CVP analysis to solve the following problem, but you may use any other method to find the answer.
Conduct the following test using 95% level of confidence.
Doctors nationally believe that 68% of a certain type of operation are successful. In a particular hospital 47 of these operations were observed and 37 of them were successful. At a = 0.05 is this hospital's success rate different from the nationa..
It is the gallons of water processed at a plant, and the amount of lead removed from the water. A. Make a scatterplot to determine what kind of relationship there seems to be between the two variables. Use the percent of lead removed as the respon..
The director of admissions at a large university advises parents of incoming students about the cost of textbooks during a typical semester.
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