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The mean amount of gasoline and servies charged by Key Refining Company credit customers is $70 per month. The distribution of amonuts spend is approximately normal with a standard deviation of $10. Compute the probability of selecting a credit card customer at random and finding the customer charged between $70 and $83 last month. Compute the probability of chages less than $54.
The natural number 28A9B consists of different numbers and A is not equal to 0. When the number is divided by 9 the remainder is 7 and when it is divided by 5
A sample of patients for one busy primary care practice is used as the comparison group. What is the research design and its variables?
You have $380,000 in your bank account. The interest rate in your account is 5%. Solve for the following showing your work: How much interest will you accumulate if interest is compounded annually over the next five years?
As a manager, what are some benefits of applying probability concepts to solve business-related problems? Would business decisions suffer without probability concepts? Explain.
Given that a respondent is over age 50, what is the probability that he or she gets news primarily from newspapers?
In a random sample of 16 mountain climbers who are going to attempt Mt. Mckinley, what is the probability that at least 10 reach the summit?
Findout the variance also standard deviation for the 2 distributions above. Evalute the variation of the data sets.
While some teenagers received no allowance, others reported receiving $200 per week. Based on this information, the mean allowance for U.S. teenagers is most likely 0 $50.
Following data on x=weight (in pounds): x 1 33.5, x2 27.3, x3 36.7, x4 30.5 Suppose that one more piece is selected; denote its weight by x5. Find a value of x5 such that X = smaple median.
Determine the sample size necessary to estimate a population mean to within 1 with a 90% confidence given that the population standard deviation is 10, Suppose that the sample was calculated at 150. Estimate the population mean with 90% confidence..
The mean is 75 and the standard deviation is 6. If 1200 students took the test, approx how many students would be expected to score between 69 and 81?
At the 5 percent level of significance, can we conclude that the mean weight is greater than 16 ounces? Determine the p- value.
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