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Assume a binomial probability distribution has p=0.6 and n=200 a)What is the mean and standard deviation?b)Is this a situation in which binomial probabilities can be approximated by the normal probability distribution ?Explain.c)what is the probability of between 100 and 110 successes? d) What is the probability of 130 or more successes?
Suppose the probability of the worst-case scenario increases Compute the expected value of perfect information
What is the probability that at least three students choose Supreme Chocolate?
Calculate an 85% confidence interval for the population mean number of wolf pups per den at southwestern United States (US).
Analyze the process of statistical quality control and determine which part of the process would be most difficult and what steps could be taken to mitigate the anticipated difficulty.
Test the assumption that the more experienced consultant has higher satisfaction ratings at the 5% significance level. Show all steps.
Find the distribution of profit for a unit price of $500. Use the Decision Table tool to find the best price between $400 and $600 in steps of $25.
An elevator has a uniform distribution ranging from 0 to 4 minutes a) find the mean and standard deviation of x, the time a customer on the second floor waits for an elevator.
Drawing the standard normal curve and indicating the area representing the probability and
Identify each of the following variables are qualitative or quantitative
A soft drink machine outputs a mean of 24 ounces per cup. the machines output is normally distributed with a standard deviation of 2 ounces. what is the probability of filling a cup between 21 and 26 ounces.
Suppose the amount of minutes used per month is distributed normally with a mean of 700 minutes and a standard deviation of 120 minutes. What is the probability that more than 820 minutes were used?
To compare the effectiveness of two treatments 1 and 2 for a particular disease. Patients were separated in 2 treatment groups. A patient in group 1 received treatment 1 and patients in group 2 received treatment 2.
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