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The annual per capita of ice cream (in pounds) in the United States can be approximated by a normal distribution with a mean of 16.5lb and a standard deviation of 2.5lb. what is the largest annual per capita consumption of ice cream that can be in the bottom 15%?
In large accounting firm, the proportion of accountants with MBA degrees and at least five years of professional experience is 0.75 times the proportion of accountants with no MBA degree and less than 5 years of professional experience.
The probability Mary will receive an A in a class is 0.62. Assuming independence, if she is taking 5 classes this semester, calculate the probability she will receive exactly 3 A's.
The percentages of cones sales for chocolate, strawberry, and vanilla, are 75%, 60%, and 40%, respectively. For a randomly selected sale, define the following events:
Test the hypothesis that the dogs did significantly better than what would be expected with random guessing.
Compute the z score for the data company. Considering the altman model, comment on the likelihood that this firm will experience financial failures.
Which of the following can be treated as binomial experiment? (a) Surveying 1200 registered voters to determine their preferences for the next president?
A new weight-watching company, Weight Reducers International, advertises that those who join will lose, on average, 10 pounds the first two weeks with a standard deviation of 2.8 pounds.
Difference between the discrete and the continuous random variable.
A researcher conductued a study of the access speed of 35 hard drives and concluded that his maximum error of estimate was 35. If he were to conduct a second study to reduce the maximum error of estimate to 7, about how many hard drives should he ..
Based on chi-square table, what is the most correct statement which can be made about the p-value for the test?
Give an example for each of the following distributions, binomial, hypergeometric, and Poisson. Explain the differences and different characteristics.
You are asked to conduct a study to determine if gender has any bearing on the choice of a dog or cat as a pet. You take a random sample of 350 adults and ask each what kind of pet they would prefer, a dog or a cat?
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