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"A department store will place a sale item in a special display for a one-day sale. Previous experience suggests that 53 percent of all customers who pass such a special display will purchase the item. If 2,214 customers will pass the display on the day of the sale, and if a one-item-per-customer limit is placed on the sale item, how many units of the sale item should the store stock in order to have at most a 1 percent chance of running short of the item on the day of the sale? Assume here that customers make independent purchase decisions. (Round your answer to nearest whole number.)"
An article on pricing and competition in marketing reports the results of a regression analysis. Information price was the dependent variable.
a local bank reviewed its credit card policy with the intention of recalling some of its credit cards. in the past 5 of
What is the probability that the outcome is greater than 2 given that it is even?
A random sample of 40 part time workers has a mean annual earnings of $3120 and a population standard deviation of $677. Compute the 95% confidence interval for the mean.
A survey was taken of students at a large university in the fall of 2003; among other things, students were asked to report how many credits
Inverse Normal, Standard In a standard Normal distribution, if the area to the left of a z-score is about 0.2000, what is the approximate z-score?
The graph shows the heights for a large group of adults. Describe the distribution, and explain what might cause this shape.
A sample of 144 cans of coffee showed an average weight of 16 ounces. The standard deviation of the population is known to be 1.4 ounces.
The recidivism rate for convicted sex offenders is 9%. A warden suspects that this percent is higher if the sex offender is also a drug addict.
the mental development index mdi of the bayley scales of infant development is a standardized measure used in
andy always goes to work at 7 oclock. each day he either drives to work or takes the light rail to work. if andy drives
Given 0.2, 0.4, and 0.4 are the probabilities for the sale of 100, 200, or 400 dozen roses, respectively, then the EOL for buying 200 dozen roses is?
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