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Two restaurants compete against one another for a pool of 10,000 local potential patrons. Assuming people tend to choose between the two restaurants at random and independently, use a binomial model to find how many seats S our restaurant should have such that the probability of turning a customer away due to being at capacity is less than 1%.
Making use of the fact that the chi-square distribution can be approximated with a normal distribution when ν, the number of degrees of freedom, is large, show that for large samples from normal populations is an approximate critical region of siz..
A fair, six-sided die is rolled ten times. Each roll is independent. You want to find the probability of rolling a one more than three times.
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.
An automobile assembly line operates for two shifts a day. The first shift accounts for two-thirds of the overall production.
chi-square test for goodness of fit.there are four entrances to the government center building in downtown
What is the present value of a series of payments of $2500 every six years in perpetuity with the first payment made immediately, if the annual rate is 8.5% per
Assume the data are approximately bivariate normal in distribution. Of the students who score 1000 on the PSAT, about what percentage scored above average.
Look at your answers for the two previous questions (about the small business revenue). Why are your answers to the previous two questions different?
A basketball player makes 80% of his free throws. If he attempts eight free throws during the next game, what is the probability that he will make more than his average?
You currently have savings of $200,000. How much do you need to save each year to meet your goal if your savings earn a return of 10%?
Calculate the regression line. If the length of a light is seven seconds, how many cars would y ou predict would run the red light?
Calculate the effect size (show all work and don't round until your final answer - then, use two decimal places) - even if the results were nonsigificant.
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