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The mean replacement time for a random sample of 20 washing machines is 9.4 years and the standard deviation is 2.6 years. Construct a 99% confidence interval for the standard deviation, σ, of the replacement times of all washing machines of this type.
Would the null hypothesis be accepted or rejected in this case?
The following frequency distribution reports electricity cost for sample of 50 two-bedroom apartments in Albuquerque, New Mexico during the month of May last year.
Suppose your company decided purchase 12 shrimp boats (Jenny 1 - Jenny 12). These boats are a fixed resource for the firm. What is the short run total cost of producing 60 tons of shrimp?
In fact, the amount of coverage is known to be approximately normally distributed with a standard deviation of 25 square feet. How large a sample should be taken to estimate the true mean coverage of all 1-gallon cans to within 5 square feet with ..
Known population of 1000 students to construct a 95% confidence interval for teh average SAT score. What correction factor should be used to compute the standard error?
T-scores are used on some psychological tests, such as the MMPI. T-scores have a mean of 50 and a standard deviation of 10, and therefore a z-score of -1 (one standard deviation below the mean) would be converted to a T-score of 40.
Using the z table in Table E of Appendix C, determine the critical value for the hightailed test with a = 0.035.
The scheduled commuting time on the Long Island Rail Road from Glen Cove to New York City is 65 minutes. Suppose that the actual commuting time is uniformly distributed between 64 and 74 minutes.
If, on the average, 20 orders are received by fax every two hours throughout the day, find the a. probability that a faxed order will arrive within the next 9 minutes.
Why is estimating a multiple regression model just as easy as bivariate regression?
Assume that in a hypothesis test with null hypothesis H 0 : μ = 14.0 at a = 0.05, that a value of 13.0 for the sample mean results in the null hypothesis not being rejected. That corresponds to a confidence interval result of:
The length of time to do a complete full service oil change at Speedy-Lube is normally distributed with a mean of 15.8 minutes and a standard deviation of 2.2 minutes
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