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"In a large section of statistics class, the points for the final exams are normally distributed with a mean of 72 and a standard deviation of 9. Grades are to be assigned according to the following rule.
1) the top 10% receive A
2) the next 20% receive B
3) the middle 40%receive C
4) the next 20% receive D
5) the bottom 10% receive F.
Find the lowest score on the final exam that would qualify a student for an (A, B, C, D)
Create a 90% confidence interval for true mean amount of cholesterol in chicken eggs.
One particular morning, the length of time spent in the examination room is recorded for each patient seen by each physician at an orthopedic clinic. Does the data prove a significant diference in mean times, using a=.05 Minutes in Examination roo..
Find the probability that the number of who consider themselves basketball fans is :
Choose a business problem that is based upon an experience from your place of work or home environment. Briefly describe the business problem and the research methodology that you would employ to gather data and test your hypothesis
Calculate the mean of the 20 samples and draw a histogram showing the 20 sample means and describe the distribution of the x-bars that you see in part b (shape of distribution, center, and the amount of dispersion).
The gambler is paid later as follows, depending on the number of winners he picked. What is his expected gain? Remember, a loss is a negative gain, and that the bookie keeps the gambler's $20.
What can you conclude regarding the information? Who tends to order the most or least number of condiments?
Assume a linear relationship, use the least square method to find the regression coefficients bo and b1 and Predict the mean kilowatt usage when the average temperature is 50 degrees Fahrenheit.
Make up a scatter diagram with 10 dots for each of the following:
Mr. James McWhinney, president of Daniel-James Financial Services, believes there is a relationship between the number of client contacts and the dollar amount of sales.
A building contractor pays $500 to bid on a contract. If he gets the contract, the probability of which he estimates to be 0.70, he will make a profit of $50,000.
Consider a Poisson distribution with a mean of two occurrences per time period.
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