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The annual rates of growth of output of a factory in 5 years are 5.0, 7.5, 2.5, 5.0, and 10.0 respectively. What is the compound rate of growth of output per annum for the period?
The problem related to Basic Statistics and it is about lobstermen catching lobsters. The probability of finding a lobsterman whose catch is less than the average weight has been compute in the solution
A random sample of 36 customers is selected. What is the probability that the average time spent per customer is between 2.9 and 3.2 minutes?
How much morning, afternoon, and everning advertising time should Excelsior buy to maximize exposure of its commericals.
Using least squares regression analysis, what would you estimate demand to be for each month next year?
Consider the single-sample plan with c = 2 and n = 50, as discussed in Example 16.11, but now suppose that the lot size is N = 500. Calculate P(A), the probability of accepting the lot, for p 5 .01, .02,..., .10, using the hypergeometric distribut..
If you created a histogram what particular "elements" of a Histogram do you want the reader to notice? What is the overall impression that you expect the reader to have from looking at the Histogram?
Typically, these children must have IQ scores in the top 5%. What is the minimum score to qualify a child for these programs?
the mean weight on my sons football team is 185 pounds with a standard deviation of 20 pounds. determine the standard
In the definition of Wilcoxon's statistic, let W1 be the sum of the ranks of those observations of the sample that are positive and let W2 be the sum of the ranks of those observations that are negative. Then W = W1 - W2.
to test the efficacy of a new cholesterol-lowering medication 10 people are selected at random. each has their ldl
the random variable x has a binomial distribution with parameters p0.20 and p0.156. use an appropraite distribution to
How would you use the standard normal table? What is the relevance of the z-score? Continue to discuss conditional probability. Discuss the importance of the notation symbol " l".
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