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Provide an example of a situation in which factor analysis, cluster analysis, and multidimensional analysis might be used.
In addition, the cruise line has decided to plan for an additional 25% more meals than bookings. Formulate the appropriate linear program and solve using Excel Solver. Show your Work in Excel.
First, describe in your own words (no direct quotes, please) what a dummy variable is and its purpose in regression analysis. Secondly, provide an example of where you might use a dummy variable from your own professional experience.
They hope to use a sample size such that, with probability 0.95, the error will not exceed 0.04. What sample size will ensure this, regardless of what sample proportion value occurs when they gather the sample?
Graph the p.d.f and show that the probability of the part failing in the first 200 weeks is 1/8
The concentration of glucose(mg/dl) for all samples was measured on one run of a spectrophotometer 1. give the statistical model and full explain each component.
Construct a 95% confidence interval for the average amount its credit card customers spent on their first visit to the chain's new store in the mall assuming that the amount spent follows a normal distribution.
What is the probability of getting a number less than 5 on both?
Does the normal distribution yield a good approximation of the actual results?
At the .05 significance level, is the number of units produced on the afternoon shift larger?
Must the company replace old truck? If so which of new trunks must they use? Describe in detail.
Determine 95% confidence interval evaluate for average number of years served by all Supreme Court justices?
Using the probabilities above what is the expected size of family you draw?
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