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A florist hypothesizes that her customers have preferences in the colours of flowers purchased. Furthermore, she believes that 25 percent of her customers favor blue flowers. 15% favor red; 25% favor pink; and 35% favor yellow flowers. A random sample of 100 customers reveals the following
Flower color number of customers favoring
Blue 30
Red 20
Pink 15
Yellow 35
A. Setup hypotheses to test whether or not these data support the florists hypothesized distribution of color preferences
B. Perform a goodness of fit test and fully interpret your findings.
What is the projects NPV if the appropriate cost of capital is 10%? Round your answer to the nearest dollar.
Based expected value an investment that produces a payoff of $10 with probability 0.3 and -$3 with probability 0.7 is a viable investment."
What is the joint probability density function of the sample?
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a manufacturing company wants to investigate the product coming out of two machines has a similar diameter or not. it
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The Smoky Bear Trucking Company claims the average weight of a fully loaded moving van is 12,000 lb. The highway patrol decides to check this claim.
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