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A raffle offers a first prize of $1000 2 second prizes of $300 and 20 third prizes of $10 each. If 15000 tickets are sold at 75 cents each, find the expected winnings (IN CENTS) for a person buying one ticket?
Testing for population mean - What happens as you use different levels of significance? Different values of the standard deviation?
Fitting of simple linear equation - Prepare an equation showing how daily sales are related to number of customers per day.
Graphical method to solveout the linear programming problem. Describe where the following TEO constraints intersect.
Is there evidence of difference in mean life of bulbs produced by the two kinds of machines. What is your conclusion?
Construction of frequency distribution table for the given continuous data.
The password of 52 digit sequence is made. It consists of 0 and 1. How various different possibilities exist for networks password.
Construct a 95% confidence interval estimate for the population proportion of adults who report that e-mails are easy to misinterpret.
Be sure to include information about how you would use the concept of probabilities to apply to profiles for hiring more satisfied individuals.
The average for 14 cross-country runners is 172 mg/dl with a standard deviation of 41 mg/dl. Solve using the Traditional Method. Find the p-value for your test statistic. Use an α = 0.05.
Suppose a product must go through a sequential assembly line made up of ?ve operations. The time it takes to complete each operation is normally distributed with a mean of 180 seconds and standard deviation of 5 seconds.
A check of dorm rooms on a large college campuses revealed that 38% had refrigerators, 52 percent had TVs and 21 percent had both a TV and a refrigerator. What's the probability that a randomly selected dorm room has.
Draw a scatterplot indicating a strong negative relationship between the variables pf income and mental illness. Be sure to label the axes correctly.
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