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Please use excel when necessary:
1) The GMAT scores of MBA candidates are normally distributed with a mean of 568 and Standard eviation of 25.6 What is the probabilitie of candidates scoring higher than 600 ?
2) A financial Manager is interested to study DM students. A random sample of 256 students salaries totaled $ 9,067,520 The sample standard deviation is $ 3,200
a) What is the point estimate of the students mean salary?
b) What is the point estimate of the standard deviation of the students salaries?
c) Construct a 95% confidence interval for the mean salary of the DM students?
Find the values of the correlation coefficient and the coefficient of determination. Find the slope, y-intercept, and equation of the regression line for the data. Plot the points and a graph of the regression line on the same axes.
Construct a scatter plot of P-RFM and P-HELM. If drawing the plot by hand, use graph paper to ensure accuracy.
Based on this sample information find out what percent of variation in starting salaries is described by GPA, and find out the equation that would forecast salary from GPA. Give a scatter plot.
At the .05 significance level, can we conclude that there is a difference in their mean times?
To find weighted aggregate price index using Laspeyres and Paasche method.
Explain in detail and give an original example of the four types of probability.
The annual demand for a product is 1,000 units. The company orders 200 units each time an order is placed. The lead-time is 6 days, and the company has determined that 20 unites should be held as a safety stock.
Suppose you, as manager of Tennessee Grilled Pork, will submit proposals for a small business loan and a city business grant to help fund the building of the new location you submitted to the management teams.
Basic Statistics problem
The past history shows that 60% of employees prefer Starbucks brand coffee. A sample of 5 employees is selected, what is the probability that less than 3 prefer Starbucks?
Graph the p.d.f and show that the probability of the part failing in the first 200 weeks is 1/8
For these 4 questions below what would be the independent and dependent variables, the level of measurement and whether or not the variable is discrete or continuous.
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