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Aa coin will be tossed 100 times. you get to pick 11 numbers. if the number of heads turns out to equal one of your 11 numbers, you win a dollar. which 11 numbers should you pick, and what is your chance of winning? explain.
According to Chebyshev's theorem, proportion of values from data set that is further than 2 standard deviations from the mean is at most?
In the game of roulette, a ball is dropped into a spinning wheel, finally landing on one of the wheel's 38 different slots. The wheel has 18 black slots, 18 red slots, 1 green zero, and 1 green double-zero. Suppose the wheel has landed on red 9 ti..
For the statement: The mean amount of Pepsi in cans is at least 12 oz. Express the null hypothesis and the alternative hypothesis in symbolic form.
30% of the college of business students major in finance. A random sample of 20 students is selected. What is the probability that no more than 3 students of the selected students are majoring in finance?
My question bout How do I use the TINV function within excel to back out the t-statistic for the test? Why did you use the TDIST function? I know ho to use the TINV function, but what does it mean to back out the t-statistic for the test?
Would you expect the mean absolute percentage error to be more than or less than 0.25? Describe.
In 2010, the average age of students at UTC was 22 with a standard deviation of 3.96. In 2013, the average age was 24 with a standard deviation of 4.08. In which year do the ages show a more dispersed distribution? Show your complete work and supp..
This includes knowing how to use an ANOVA for managerial decisions. Present a business example where you would use an ANOVA. State the hypothesis verbally and numerically.
Calculate a 95 percent confidence interval for the population mean audit delay for all public owner-controlled companies in New Zealand.
Critical Thinking: Discuss the implications of: magnitude (from 0 to 1); sign ( + or -); and probability versus causality for the Correlation Coefficient (also known as the Pearson Product-Moment Correlation Coefficient).
Precisely (i.e., using specific numbers) what does central limit theorem tell us about sampling distribution of sample means for samples of this size from this population?
Humanities, 372; Natural Science, 415; Social Science, 511; Business Administration, 619; Philosophy, 196. Create a Pareto chart representing this information.
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