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A certain corporation has 90 junior executives. Assume that the probability is 1/10 that an executive will require the services of a secretary at the beginning of the business day. If the probability is to be 0.95 or greater that a secretary will be available, how many secretaries should be hired to constitute a pool of secretaries for the group of 90 executives?
a project has the following cash flows. what is the internal rate of return? year 0 1 2 3 cash flow -121000 68150 42200
Explain the difference of your outlook on statistics after having studied it for whatever period of time you have done so as oppose to the time before taking up the study.
Los Angeles and New York. The Bureau of Labor Statistics publishes separate consumer price indexes for major metropolitan areas in addition to the national CPI.
Suppose that you were interested in investigating the effect of a drug that is to be used in the treatment of patients who have glaucoma in both eyes. A comparison between the mean reduction in eye pressure for this drug and for a standard treatme..
Express the statistical information in words. What changes were there in the overall shape of the distribution of this variable? In central tendency?In dispersion
bags of a certain brand of tortilla chips claim to have a net weight of 16 ounces. net weights actually vary slightly
Please use words to describe the solution, not just symbols. (basically, explain what is going on in addition to an answer) Use a math symbol editor where appropriate.
water is pumped from a lake through an 8-in pipe at a rate of 10 ft3s. if viscous effects are negligible what is the
In general students who attend private universities come from higher socioeconomic families than those who attend public universities. A sociologist selects a random sample of students from each type of university and finds that the students from ..
The time between telephone calls at a company switchboard has an exponential distribution with mean of 3 minutes. (a) Find the probability that the average of 45 of these times is less than 2.5 minutes.
Do an analysis that includes comparing percentages to describe the relationship between your two variables and using the chi-square statistic to assess.
the number of deer crossing a road at night during mating season in a particular rural area can be modeled with a
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