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Dave can make 1 mistake during his first year of employment. Dave will make 5 critical decisions during his first year of employment. He has an 80% chance of making any one of these decisions correctly. Each decision is independent of the others.
What is the formula to calculate the probability that Dave will not exceed a 25% chance of making more than 1 mistake?
To find out the prior probability, conditional probability and posterior probability. Calculate the posterior probability that the bid will be successful given a request for additional information.
A farm brings 15 tons of watermelon to market. Find a 90% confidence interval for the population mean cash value of this crop. What is the margin of error?
Compute summary statistics for a dataset provided as a Microsoft Excel file. Import the data into SPSS and then calculate the summary statistics
Market researchers would like to know if customers prefer a well-known brand over a generic brand of soft drink. They give a large sample of people the two drinks to taste in a random order and ask them which one tastes better.
A) Suppose a new poll will also interview another 1213 randomly selected likely voters. What are the mean and standard deviation of the approval rate of clinton based on this new poll?
Explain the effect that changes in η and β have on the shape of the Weibull density and the effect that they have on γ3 and derive an expression for the coefficient of skewness for the Weibull distribution.
Diagnosis tests of medical conditions have several results. The test result can be positive or negative, whether or not a patient has the condition.
Is there evidence to suggest a difference in the mean waiting times at the four body shops? Use the .05 significance level.
The Empirical Rule and Chebychev's Inequality both relate the percent of data points to the number of standard deviations above or below the mean.
Is seat belt use independent of cigarette smoking? A study of seat-belt users and non-users yielded the randomly selected sample data summarized in the table below.
in this assignment you will reflect on decisions you made using social influence persuasion and risk taking that went
When a random sample of 600 voters was taken on the eve of the presidential election, it was found that 51 percent of those sampled intended to vote.
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