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Suppose that the service rate to a waiting line system is 10 customers per hour (exponentially distributed). Analyze how the average waiting time is expected to change as the arrival rate varies from two to ten customers per hour (exponentially distributed).
If the average tax payer who makes $140,000 per year owes the government $18,200 with a standard deviation of $1500, and the IRS receives a 1040 tax documents from a customer who earned $140,000 that claims he only owes $12,000, should the IRS sus..
A survey of 600 non-fatal accidents showed that 111 involved the use of a cell phone. Find a point estimate for p, the population proportion of accidents that involved the use of a cell phone.
Motorola takes two weeks to supply an order. if the store manager is targeting a fill rate of 99%, what safety inventory should the store carry? What should its ROP be?
The owner was interested in the mean time required to service this model, and decided not to carry the model if the mean repair time appeared to be more than 40 minutes.
The correlation between the returns on Ceramics Craftsman, Inc., and the returns on the S&P 500 is 0.675. The variance of the returns on Ceramics Craftsman, Inc., is 0.004225, and the variance of the returns on the S&P 500 is 0.001467.
Gigi has rolled a natural on four straight tosses of the dice. This excites the gamblers standing around the table.
Suppose that you are interested in determining the relation between the students average SAT scores [x] and their freshman GPA [y].
Create Gantt chart using MSP. Suppose the 5 day workweek, compute critical path of the project.
Professor wishes to determine whether prior statistical knowledge assists students in their performance on the final exam. What is the relationship between pretest scores and final exam scores after controlling for cumulative GPA. What SPSS test w..
Compute the expected number of barrels that will be sol on Saturday. (Answer to Whole numbers)
To determine monthly rental prices of apartment units in San Francisco Bay area, samples were constructed in the following ways. Identify the technique used to produce each sample. (cluster, convenience, random, stratified, systematic):
In general how is the magnitude of the standard error of estimate related to the value of correlation?
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