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Suppose that a paint supply shop wanted to estimate the correct amount of paint contained in five-litre cans purchased from a manufacturer. It is known from the manufacturer's specifications that the standard deviation of the amount of paint is equal to 0.04 l. A random sample of 50 cans is selected, and the average amount of paint per five-litre can is 4.985 l. Assume a normal distribution of fill.
(a) Set up a 99% confidence interval estimate of the true population average amount of paint included in a five-litre can. (Use the z-table.)
(b) Based on the results of (a), do you think that the store owner has a right to complain to the manufacturer? Why?
(c) Compute (a) using Excel's NORMSINV formula to find the z-value.
(d) Use Excel's CONFIDENCE function to compute (a).
Determine the type of healthcare organization, and explain why the cost is classified as fixed or variable. Discuss why it is important for the healthcare organization to understand, classify, and control these costs.
To get a better sense of the types of judgments you make, think of specific people who fit the following categories: a family member, a teacher, a male friend, a female friend, a person you dislike, and a person you work or socialize with.
How should we judge good or bad behavior
Based on that percentage, Prepare a program that will predict how much the East Coast division will generate, if the company has $4.6 million in sales this year.
find it fascinating that many publications communicate the same or similar reason for a business seeking some sort of
How do american connect with others/form group? What is the political system in the US like? and are the Americans interested in politics/why?
After all, gene mutation in general causes genetic changes which leads at last to diseases .The three types:- substitution, deletion and insertion- are dangerous abnormal situations that could happen in the human body. Scientists all over the world a..
Following are the various messageexecution styles that are being used in the advertisingcampaigns:
What is the speed of the comet at this point, if its speed when passing the Earth's orbit, 1.50 x 1011m from the Sun's center, is 2 5km/s?
Normal 0 false false false EN-US X-NONE X-NONE AIR CARGO FACILITY ANALYSIS
Describe the distinct brand positioning strategies of the top three brands listed on the Interbrand Web site in terms of how they attempt to meet the functional and representational needs of customers.
The attorney-client privilege is different from the rule of confidentiality. Can anyone tell us what the difference is between the two doctrines?
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