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How are your emotions impacting your decision-making? Provide specific examples of how your emotions triggered you to make a mistake or to make a good decision?
How do you handle situations in which you notice that others are making decisions based on their emotions?
Suppose 70 managers selected randomly in the United States are interviewed. What is the probability that fewer than 35 use self-directed work teams.
A clinician allows his patient to participate in a clinical trial with an experimental drug for a certain form of terminal cancer.
Test of product quality using human inspectors can lead to serious inspection error problems. To evaluate the performance of inspectors in a new company, a quality manager had a sample of 12 novice inspectors evaluate 200 finished products.
Assuming the frequency of the trait is still 1 in 8, determine the mean and standard deviation of the number of frogs with the trait he should expect to find.
Is there any evidence to suggest that the proportion of Americans affected by the sequester changed? Use a = 0.05.- Find the p value associated with this hypothesis test.
The receiver is correct only 85% of the time. What is P(W), the probability of a wrong decision if the probabilities of receiving 0s and 1s are equally likely? What can you conclude from your result?
A city near a government weapons clean-up site is concerned about the level of radioactive byproducts in their water supply. The EPA limit on naturally occurring radiation is 5 picocuries per liter of water.
Standard deviation of 24 min. What is the probability that a random sample of n=15 batteries results in a mean talk time of at least 330 minutes?
Suppose that it is known from experience that the standard deviation of the weight of 8-ounce packages of cookies made by a certain bakery is 0.16 ounce.
Arrows. An Olympic archer is able to hit the bull s-eye 80% of the time. Assume each shot is independent of the others.
What is the probability that a randomly selected group of 50 shoppers will spend a total of more than $5300 - Should the national brand ketchup manufacturer
Two semiconductor factories are being compared to see if there is a difference in the average defect rates of the chips they produce. In the first factory, 250 chips are sampled. In the second factory, 350 chips are sampled. The proportions of def..
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