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Suppose that on a certain section of I-95 with a posted speed limit of 65 mph, the speeds of all vehicles have a bell-shaped distribution with a mean of 72 mph and a standard deviation of 3 mph.
a. Using the empirical rule, find the percentage of vehicles with the following speeds on this section of I-95.
i. 63 to 81 mphii. 69 to 75 mph
Write a statistical laboratory report using the guidelines in the assigned article, "How to Write a Statistical Report."
In Texas, 1991, the weights of babies, the mean birth weight for all babies is 3369 grams, with a standard deviation of 581 grams, (454 grams = 1 pound). Looking at a baby that weighed 16.1 lbs at birth: What would his Z-score be when compared to ..
A psychology professor is interested in whether implementing weekly quizzes improves student learning. She decides to use the weekly quizzes in one section of her introductory psychology class and not to use them in another section of the same cou..
A consensus of experts has agreed on the following table of potential NPVs and their likelihoods for a capital budgeting project that involves considerable uncertainty and is therefore risky:
Studies from a local mall show the typical shopper spends 0.75 hrs shopping. the standard deviation is 0.10 hours. A sample of 45 shoppers revealed the mean time spent increased to .080.
Construct a decision table for this problem. Include all conditional values and probabilities in the table.
Based on testing, company makes following statement: "Our batteries last the average of 430 to 470 minutes, and our confidence in that interval is 95%" Find out standard deviation and show work.
Assume grades in college accounting class are normally distributed with a mean of 82 and a standard deviation of 7. what is the probability that a randomly selected student from this class will have a grade lower than 65?
Assume there are 18 homes in the Quail Creek area and 9 of them have a security system. Five homes are selected at random: what is the probability all five of the selected homes have a security system?
Test for single mean - What do you conclude - Compute z and P
Explore the descriptive statistics and draw some scatter plots. Does this meet the basic assumptions of regression?
The total profit (in dollars) for sales of x rowing machines is given by P(x) = -0.2x^2 + 300x - 200. What is the profit if 500 are sold? For what value of x will the profit be at a maximum?
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