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Consider the following LP problem:
Maximize profit = 1X1 + 1X2
Subject to 2X1 + 1X2 ≤ 100
1X1 + 2X2 ≤ 100
a) What is the optimal solution to this problem? Solve it graphically.
b) If a technical breakthrough occurred that raised the profit per unit of X1 to $3, would this affect the optimal solution?
c) Instead of an increase in the profit coefficient X1 to $3, suppose the profit was overestimated and should have only been $1.25. Does this change the optimal solution?
The average number of putts per hole for each player and their average driving distance is used to predict their total winnings using the multiple regression model where the deviations εI are assumed to be independent and Normally distributed with..
where the deviations εi are assumed to be independent and Normally distributed with mean 0 and standard deviation σ. This model was fit to the data using the method of least squares. The following results were obtained from statistical software.
what is the chance the average contents of the cans will be less than advertised and what will be the standard deviation of the number of men who help at home, based on the first survey
Makers of generic drugs are required to demonstrate that their generic drug does not differ significantly from the "reference" drug it is intended to imitate.
Multiple comparison procedures are going to be done using the Bonferroni method with α = 0.10. The value of t** is 2.2426. The smallest minimum significant difference (MSD) for finding a difference between groups is computed as 17.68. The correct ..
The chance both flights are full is 0.6. Are the two flights being full independent events and What was the mean ranking for the females in this class
Questions based on binomial distribution, variance of the binomial distribution, discrete random variable and continuous random variables.
They wish to conduct a survey of their students and find a simple random sample of 50 Freshmen, 40 Sophomores, 35 Juniors, and 30 Seniors.
In which of the following situations is bootstrapping (and other resampling methods) often used and Which of the following is a valid description of the bootstrapping method.
Determine whether the method of delivering teaching influences adherence with antiretroviral therapy.
A school tracks the absences of pupils as part of a flu surveillance system. Regular reporting of absences among 25 students in grade 1 are taken, and based on these data, the long-run proportion of absences under normal conditions is estimated to..
They were planted in four different locations, so we will consider the field as a second factor because different soil and moisture types can also have an effect on yield. The interaction plot below was obtained.
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