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Find the Optimum solution using the given data. Consider the following linear programming problem:Maximize profit subject to:20 X + 30Y2X + 4Y ≤ 8006X + 3Y ≥ 120X, Y ≥ 0What is the optimum solution to this problem?1. (0,0)2. (50,0)3. (0,100)4. (400,0)5. None of these.
Using the .10 level of significance, can we conclude that the assembly time using the new method is faster?
If the estimate is to be within 8 mpg of the true mean with 98% confidence and the estimated standard deviation is 22 mph, how large a sample size must be taken?
Run a multiple regression and interpret all the findings, R 2 , F, IV coefficients, and the intercept. Then in paragraph format, identify and report the following:
What is the probability that they all hit the target?
Shows a sample mean of 1,261 with a standard deviation of 59. Should Pennsylvania adopt the new system for all toll roads in the state?
Conduct an analysis of variance
If 1 man aged 18-24 is arbitrarily chosen, determine the probability that his serum cholesterol level is between 165 and 200.
An experiment was performed to investigate lifetime of a component exposed to high heat. Three different oven types were used at either 550°F or 600°F.
Create the corresponding decision tree and make recommendations.
What are the null and alternative hypotheses in this situation?
The Minitab output for the Tukey Least Significant Difference multiple comparisons is below. Which means are different and similar
Does this sample indicate a smaller average? Use α = 0.05 and assume a normally distributed population.
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