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1. The probability of contracting the kissing disease is .23 when one is exposed to a certain provocative environment. Sixty people are so exposed. What is the probability that no more than 10 are infected with this dreaded disease.
2. A population of unknown shape has a mean of 75. You select a sample of 40. The standard deviation of the sample is 5. What is the probability that the sample mean is between 76 and 77?
By how much does the standard error of x-bar change if the sample is increased to 100?
Explain the difference between descriptive statistics and inferential statistics with less than 50 words? Name two graphs that can be used for describing qualitative data and two for describing quantitative data. Name one graph that can be used to ..
What is the probability that the first two cards dealt yields "Black Jack"?
Using the original data, estimate the population standard deviation with 90% probability.
Estimate a multiple regression model using revenue as your dependent variable. For independent variables, include population, average income, screens, theatre age, and dummy variables for mall and strip mall.
A customer from Cavallaro's Fruit Stand picks a sample of 5 oranges at random from a crate containing 80 oranges, of which 6 are rotten. What is the probability that the sample contains 1 or more rotten oranges? (Round your answer to three decimal..
For a discrete probability function that is given as: a. What is the expected value E(Y)? b. What is the standard deviation (σ) of the random variable Y?
Compare two month moving average also exponential smoothing using MAD. The subsiquent data represents demand for company ABC's products for the last 10 months.
Assuming an exponential service rate μ, set this up as a birth and death process and determine the birth and death rates.
Determine the dependent variable(s)? Determine the value of the statistic? Write down the name of one variable not mentioned in this study that one might wish to control for.
A retailer wants to estimate with 99% confidence the number of people who buy at his store. A previous study showed that 15% of those interviewed had shopped at his store.
A much larger sample would be needed to estimate the proportion of the U.S. Army's 2.4 million active duty and reserve personnel who approved the repeal than would be needed to estimate the proportion of the Marine Corp's 200,000 personnel who fel..
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