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Q1) For Mineral Mining Company problem, management thinking of leasing one of the following 2 new trucks to replace excising one:
Trunk type
Weight Capacity
Volume capacity
Additional Cost
Tr 22/12
20,000
960
100
Tr 20/13
18,000
1,080
200
Must the company replace old truck? If so which of new trunks must they use? Describe in detail.
Either no change to the Objective function or a raise in the value of the objective function depends on the constraint.
Develop a 99 percent confidence interval for the population proportion.
Is the sample size large enough to construct a valid confidence interval for the proportion of debit cardholders who have used their card in making purchases over the Internet?
Find out the probability
Mean=63.6 Standard deviation=2.5 If 36 data points are arbitrarily chosen, determine the probability that mean is less than 64.
It is better to use the median rather than the mean for a distribution when:
Define the decision rule. Calculate the value of the test statistic.
What is the probability that a randomly selected automobile manufactured by the company will have a defective microprocessor?
What is the probability that the team wins tonight and that there will be a large crowd at tomorrow's game?
If the computed value for this problem is +2.33, and the level of significance is 0.05, can we conclude that the recall proportions for the two commercials are same?
How closely is the height of an individual related to the weight? Partial regression output for a sample of 92 individuals is below.
Find the mean and standard deviation of X, the number of students in class, who will develop influenza.
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