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Question:
June Walker is the Director of the Annual Fund for Marine Life University. She asks her analyst to study the giving patterns of the alumni of the School of Marine Sciences. Her analyst collects a random sample of 44 records and calculates an average annual participation in the Fund of 10.455 years. The standard deviation for annual participation is calculated to be 7.7 years. Based on this information, construct a 90% confidence interval for the average number of years of participation for the Annual Fund.
A study to get a quick idea of the medical acceptability of a new aspirin substitute which cannot be dispensed over the counter without prescription.
Give three logically possible directions of casualty, indicating for each direction whether it is a reasonable explanation for the correlation in light of the variables involved (and why).
Historically, demand has been for 50, 100, or 150 units each week, so the company makes one of those run sizes. In the past, the manager of the department has made 100 units per week for regular production. A: Prepare a payoff table showing profit..
The number of bombardment necessary to achieve the disintegration of a certain nucleus is assumed to have the distribution above. In one sequence in which b bombardments are available, of these have already failed to disintegrate the nucleus. What..
Suppose the random variable X is normally distributed with mean =50 and standard deviation =7 calculate P(X).
Develop a frequency distribution table with proportions. What is an experiment? Can you describe what a Group Frequency Distribution Table is and what it looks like?
Rachel's Z score indicates that she is below average for those who took the ACT
What is probability of selecting 2 families neither had taxes prepared by H&R Block?
Determine the mean annual amount spent on household consumption per family with a sample of 100 families, an average amount of $8,000 spent, and if the population standard deviation is $500,
A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,860 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag.
If HIV virus is actually present, the probability that ELIA test will give a positive result from ELISA is .01. If ELISA has given a positive result, use the Bayes' theorem to find the probability that the HIV virus is actually present.
If one invested in Stock A, Determine standard deviation of percentage return?
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