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Suppose that the average annual salary for the worker in United States is $39,000.00 and that the annual salaries for Americans are normally distributed with a standard deviation equal to $7,000.00.
Find:
A) What percentage of Americans earn below $25,000.00
B) What percentage of Americans earn above $44,000.00
How long do new batteries last on a camping trip? A random sample of n1 = 42 small camp flashlights were installed with brand I batteries and left on until the batteries failed.
Gigi has rolled a natural on four straight tosses of the dice. This excites the gamblers standing around the table.
Use this information to make a 95% confidence interval to evaluate true average number of copies made each day at this company.
The assembly time for a product is uniformly distributed between 6 to 10 minutes.
The number of standard errors that the sample estimate (p 1 - p 2 ) of (p1 - p2) falls from its null hypothesis value of zero is called
Impact on sampling of increasing sample size is: The potential for extreme sampling error is reduced.
The annual demand for a product is 1,000 units. The company orders 200 units each time an order is placed. The lead-time is 6 days, and the company has determined that 20 unites should be held as a safety stock.
At.05 level of significance, is there evidence to propose that mean life length of the batteries manufactured by this manufacturer is more than 400 hours?
Based on this sample information, develop a 90 percent confidence interval for the population mean yearly premium.
You have been asked to test whether data support company's claim? Test at α = 0.05. Suppose normality.
Evaluate the area under the standard normal curve that lies to the left of z = - 3.49 and simple random sample of size
A pediatrician is interested in studying the effect of Motrin on reducing temperature in young children. Four children with influenza have their temperatures taken immediately before and then 20 minutes after taking a standard dose
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