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Maximizing the profit using LPP.
A manufacturer wants to maximize the profit of two products. Product I yields a profit of $ 1.50 per unit, and product II yields a profit of $2.00 per unit. Market tests and available resources have indicated the following constraints:
When using past data, I have found that the proportion of items rejected by quality control personnel is about 3%. We normally make 5000 items per day. For a p chart, what are the upper and lower control limits?
Let z represent the standard normal variable and suppose a value is randomly selected. Find each of the following probabilities by:
Determine mean of distribution shown. Give the mean of following probability distribution?
What happens to the boundaries for the critical regions?
Perform a hypothesis test with significance level 5%. Show all work, and clearly state your conclusion.
It could not do anything with the airport and suffer a loss of revenue. The current value of raised revenue from a new airport is in question.
The sample proportion of large gloves for each location is and . (Round your answers to 4 decimal places.)
Why do we have so many several measures of central tendency? Are all really essential or do they essentially give same information?
Let C be the event that a diner gets the correct meal and let N be the event that a diner gets an incorrect meal. Find the probability that:
In the Distance problems, the kids are given a Rate (speed) that a vehicle is going, as well as a Time that the vehicle travels, and asked to calculate the Distance travelled. In the Rate problems they are asked to compute Rate from the other two ..
Which is the probability of that the median of the sample or average medians be between 320 and 350 minutes?
Choose a group of 4 adults at random. What is the probability that none of them enjoy drinking beer?
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