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Find the probability that the mean energy level is greater than 1075 kWh.
In one region, the September energy consumption levels for single-family homes are found to be normally distributed with a mean of 1050 kWh and a standard deviation of 218 kWh. If 50 different homes are randomly selected, find the probability that their mean energy consumption level for September is greater than 1075 kWh.
When the Sharpe Ratio for the market portfolio is 0.5, what risk-free rate Rf is the market anticipate? Draw on a diagram for the Capital Market Line derived from the above data. Make sure to clarify the intercept and the slope.
What type of error would result in that case? Respond to at least two of your classmate's postings.
The American Sugar Producers Association wants to estimate the mean yearly sugar consumption. A sample of 16 people reveals the mean yearly consumption to be 60 pounds with a standard deviation of 20 pounds.
Show that someone will think that the claim has more than a fifty percent chance of being true if p > q / (1 + q). Explain.
Describe the sampling distribution of the sample mean.
What is the p-value associated with the sample results? What is your conclusion based on the p- value?
Following data from an x bar chart, is the process capable (capability index>1.33)?
Thirty-two samples of 8 items each were collected from a process. The average sample mean is 12 and the average range is 0.10.
The χ 2 statistic from a contingency table with 6 rows and five columns will have:
Find the probability that a randomly selected employee earns less than $5.43.
Which combination of factors has greatest likelihood of rejecting null hypothesis?
The null hypothesis is that there was no change in average liquor consumption. State this formally in terms of µ.
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