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Suppose we want to conduct a poll to estimate the proportion of voters who approve of the current mayor, and we plan to use a 95% confidence interval for our estimate.
Determine the sample size needed so that the sample proportion is within a margin of error of .025 of the true proportion of all voters who approve of the mayor.
You will have to assume in your computation that 50% of the electorate could approve of the mayor.
Use MegaStat to help you obtain your result. Round your answer to the nearest whole number.
Determine the probability that the project will be completed in 70 days or less.
Find the Binomial Probability Distribution, n=25 and p = .40 Find the probability P(8
A manager of a small store wanted to discourage shoplifters by putting signs around the store saying "Shoplifting is a crime!" However, he wanted to make sure this would not result in customers buying less.
Use regression analysis to develop an estimated regression equation that could be used to predict the value score given the price of the car.
Assume the data for the three groups are independent and the data are approximately Normal. The P-value is less than 0.01. The correct conclusion is that
What is the difference between common cause variation and special cause variation? What should you do to improve a process when special causes of variation are present?
As a test the truck company purchases a random sample of metal parts from Steel-R-Us, and then determines if these parts were delivered on-time. Which hypotheses should they test?
What is the 95% confidence interval estimate for the difference between the mean reflectivity reading for Paint A and Paint B? Please complete the blank: "we can be 95% confident that the true difference between the actual means is?
What does confidence interval tell you? What does it mean? What 2 things can a researcher do to decrease width of a confidence interval? What are the effects?
The advertising agency promoting the new Keem dishwashing soap wants to get the best exposure possible for the product within the $100,000 advertising budget ceiling placed upon it.
Draw the distribution of the random variable X, representing her time of arrival. (Be sure to include labels and values on the axes.)
Construct an appropriate control chart and comment on the process.
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