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The metro train arrives at the station near your home every quarter hour starting at 6:00 a.m. You walk into the station every morning between 7:10 and 7:30, with your start time being random and uniformly distributed in this interval. What is the PDF of the time that you have to wait for the first train to arrive?
How many samples would be needed to create a 99 percent confidence interval that is within 0.02 of true proportion of premium grade fuel-quality failures.
By using the normal probability distribution, what is the probability the car will be repaired in 35 minutes or less?
Determine estimated average starting salary for school with average GMAT of 600 points?
This exercise is a "what if analysis" designed to determine what happens to the test statistics and interval estimates when elements of the statistical inference change.
What percent of trucks logged more than 57,060 but less than 58,280 miles? What percent of Fords travelled 62,000 miles or less in the year?
A deck of 52 cards is dealt face up in a row. What is the probability that all 4 aces and all 4 kings are adjacent (but in any order)?
what is the equation that predicts mortgage amount from interest rate? Compute the slope of the straight line. compute the y-intercept of the straight line.
Bicycle helmet use. Table lists data from a cross-sectional survey of bicycle safety. The explanatory variable is a measure of neighbourhood socioeconomic status (variable_RFM). The response variable is "percent of bicycle riders wearing a helmet"..
Samples are shown of volatility (coefficient of variation) for sector stocks over a certain period of time.
Assuming that the population variances are equal for male and female Grade Point Averages (GPAs), use the following sample data to test whether the averages are different at the 0.05 level of significance.
Do you think the Poisson distribution, which assumes independent arrivals, is a good estimation of arrival rates in the following queuing systems? Defend your position in each case.
A local bank wants to install motion detector burglar alarms. Each has a 70% chance of detecting a burglar. If the bank wants to be 99% certain of detecting a burglar how many need to be installed?
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