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A study of peach trees showed that the average number of peaches per tree was 1000. The standard deviation of the population is 100. A scientist wishes to find the 98% confidence interval for the mean number of peaches per tree. How many trees does she need to sample to be accurate within 10 peaches per tree?
The theoretical probability of undesirable side effects resulting from taking Grebex is 2 in 19. If 570 people take Grebex to lower their blood pressure, how many will encounter undesirable side effects?
A statisitcs professor plans classes so carefully that the lengths of her classes are uniformly distributed between 45.0 and 55.0 minutes. Find the probability that a given class period runs less than 50.5 minutes.
Given CAPM as the benchmark, is either of the two managers over-performing the market? What if you use the Sharpe Ratio as benchmark? Explain the answer carefully.
The travel time for a college student traveling between her home and her college is uniformly distributed between 40 and 90 minutes.
If a group of 10 printers is chosen at random from the store, find the mean and variance of the number of ink jet printers.
Rewrite this simplified radical form. Assume all variabel represent positive real numbers.
Consider the following hypothesis test What is the value of the test statistic? What is the p-value? With a=.05, what is your conclusion, reject or accept?
What fraction of cups will probably overflow if 230-milliliter cups are used for the next 1000 drinks? 0.0228 or 23 out of the 1000 drinks will overflow.
A researcher claims that the average age of people who buy lottery tickets is 70. A sample of 30 is selected and their ages are recorded as shown below. The standard deviation is 16. At alpha = 0.05 is there enough evidence to reject the researche..
At the .01 significance level, can we conclude that there is more variation in the selling prices of the oceanfront homes?
Critically discuss the difference among strategic, long-term, and short-term objectives? What is the relationship between objectives and goals? What are examples of this relationship?
How many solutions exist for a quadratic equation? How do we determine whether the solutions are real or complex? Translate the following into a quadratic equation, and solve it, showing your work:
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