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Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pens are given below.
Fliptop Model, Tiptop Model, Available
Plastic 3 4 36
Ink Assembly 5 4 40
Molding Time 5 2 30
The profit for either model is $1000 per lot.
a company is studying the feasibility of buying an elevator for a building under construction. one proposal is a
suppose that the average grade for all people who take this course in statistics is 83 with a standard deviation of
A sample of 15 workers revealed the following number of minutes traveled. Develop a 98 percent confidence interval for the population mean. Interpret the result. Please explain how you calculate.
The Roller Products Company produces roller skates and skateboards. It has three production lines. Production line 1 makes skateboard platforms.
if a researcher wants to conduct a study about how much consumers in a target market segment will spend this year on
Is there evidence to reject the hypothesis that the apartments are equally distributed between 1-bedroom, 2-bedroom, and 3-bedroom apartments, at alpha = .05?
What is the price of an extra dollar of c1 in terms of c2 and what is the equilibrium price? Output and profits of the low cost gold mine?
A month of sales data are collected on sales of different types of computer products Run the t-tests to determine:
a 99 confidence interval for the mean of a normal population when the standard deviation ? is known is found to be 98.6
The unlikelihood of everyone who plays the lottery choosing a correct 6 would be very large indeed. Is this unethical advertising? Is it misleading? is the lottery in general, unethical? Why or why not?
You are given the sample mean and the sample standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenien..
in a tire factor the quality control inspector examines a randomly chosen sample of 16 tires. when more than one
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