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Kidney transplant in 2012 have interarrival times that are independent with a common distribution that is exponential with mean 3 per month. Calculate the probability that at least three kidney transplant claims will arrive between January 1, 2012 and March 1, 2012.
Name an application for the use of ANOVA. This can be in a professional setting, hobby, or something you find on the internet. What are some business situations where ANOVA would be more appropriate than a Z or T test?
Find a 90% confidence interval for the mean decibel level µ for this type of transit vehicle.
Determine the values of the slack and surplus variables and interpret them. Which constraints are binding constraints? Describe.
Given 5,000 light bulbs from an outside supplier. If past performance data indicates that these have been 3% defective, and a random sample of 40 parts are drawn from the shipment what is the probability that you will find more than 2 defective pa..
We then counted the number of statements in the summary that can be classed as inferences. Assume inferences are interval measurement.
Four students riding to school together offer a the excuse of a flat tire on their car for missing a test. On the makeup test, the professor asks the students to each identify the tire that went flat.
In Major League Baseball there are five teams in the Western Division of the National League: Arizona, Los Angeles, San Francisco, San Diego, and Colorado. How many different orders of finish are there for these five teams?
Suppose that X is a discrete random variable with probability mass function: PX(x)= (1/2)^((2x/ pi)+1) , where x =0, pi/2, pi, 3pi/2, 2pi... , and equals to 0 otherwise.
Compute the 95% confidence and prediction intervals for values of y for X = 40. Determine correlation coefficient, Interpret.
Make a worksheet in Excel for your calculations. (b) Make a histogram of the data. Would you be justified in using a parametric t test that assumes normality?
Find out whether quality of items produced appears to be independent of production process used. Compute expected number of defective units produced by Process 1.
A trader is designing his investment portfolio. He has prepared a list of potential companies in which to purchase stock. These include 5 companies in agriculture, 6 companies in manufacturing and 9 companies in the high-tech industry. The trade..
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