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The owner of a bakery shop knows that the amount of bread rolls sold per day is normally distributed, with a mean of 150 rolls and a standard deviation of 25 rolls.
i. To break even, the owner must sell at least 100 rolls. What is the probability that on any given day, the owner will break even?
ii) How many rolls should the owner bake if the probability of running short on any given day is to be no more than 10%?
A researcher for a state government department wants to study various characteristics of retail stores in the state. A random sample of 70 retail stores reveals the following:
Average floor space = 8000 m2 with a standard deviation of 600 m2 21 stores sell Women's fashion
a) Construct a 99% confidence interval estimate of the population mean floor space of retail stores.
b) Can we conclude that the population proportion of retail stores which sell Women's fashion is less than 40%? Use a 5% level of significance
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assume that team a beats team b in 75 of the nba games they play against each other they play normal nba games i.e. 4
What is a current situation or attitude in America today that might share some some similarities with the treatment of Japanese Americans during World War II?
Conduct a one-way ANOVA to test the null hypothesis that all three scanner systems have the same average number scanned per minute. Use an α of 0.05.
To what extent does the client hold a responsibility for the success of their financial plan?
athe manager hires you to analyze the data she collects and the results for the above questions are as
the random variable x representing the number of cherries in a cherry puff has the following probability
Ecolap Inc. (ECL) recently paid a $0.46 dividend. The dividend is expected to grow at a 12.50 percent rate. The current stock price is $49.72.
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