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Find the 90% confidence interval of the true mean.
A study of 415 kindergarten students showed that they have seen on average 5000 hours of television. If the sample standard deviation of the sample was $630, and the sample size was 50. Find the 90% confidence interval of the true mean. If a day-care center were starting up and wanted to keep tuition low, what would be a reasonable amount to charge?
The world record time (in minutes) in the marathon is plotted versus the year in which the record was set for men and women separately. The plotting symbol o is used for men and x for women. The data include only records set between 1908 and 1988.
Construct a 90 percent confidence interval for the true mean weight. Describe factors which might cause variation in the weight of Tootsie Rolls during manufacture.
Evaluate the performance of this decision.
What is the probability that the team wins tonight and that there will be a large crowd at tomorrow's game?
Subjects at both sites were classified as dropouts if they left the study before the conclusion, or completers if they finished the study
Calculate the coefficient of skewness and coefficient of variation of minutes spent commuting. What do these statistics tell us?
The 95% confidence interval for the mean of the sampling distribution of the mean is about:
With this important detail, are there any significant differences with LSD?
How many boxes must the processor sample to be 95 percent confident that the sample mean does not differ from the population mean by more than 0.2 pounds?
Solution utilizing graphical method. Compute the following linear programming problem. Among which of the following points (X, Y) is not a feasible corner point.
Let x be average number of employees in group health insurance plan and y be average administrative cost as percentage of claims. Determine sample correlation coefficient.
Dividend is expected to grow 7% a year for next 3 years and then at 5% a year after that. Determine the expected dividend per share for each of the next five years?
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