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In the laboratory for another class, you and your lab partner are told to calculate a 95% confidence interval for the mean. After doing this your partner says: "The true mean is a random number, and there's a 95% chance that it falls in our interval." Explain to your partner how a 95% confidence interval should be interpreted correctly.
if a couple plans to have 10 children what is the probability that there will be a least one girl? if the couple
Mayfair's insurance company proposed a settlement based on lost sales of $240,000 in July and August. Is this amount fair? If not, what amount would you recommend as a counteroffer?
If in fact the true mean score of all students taking the preparatory course is 522, which of the following statements is true about our hypothesis test?
What is the relationship between descriptive statistics and Affirmative Action ? Can using probability in market trending decisions lead to a bad decision? Explain?
Use MegaStat's output for simple linear regression to determine the regression equation
An assembly line turns out 10% deffectives. Determine an acceptance number and sampling plan for samples of size 14 and a producers risk of 3%. (AQL = 10)).
customers come to a store as a poisson process with rate 12 per hour.a compute the probability of three customers
at a large university it is known that 40 of the students live on campus. the director of student life is going to take
the structure shown is constructed of circular rod which has a mass of 8.5 kg per meter of length. determine the moment
What should the average weight be if the production manager wants no more than 6% of the products to weigh more than 7.4 ounces?
Suppose that an IQ test was given to a large group of persons, the scores are assumed to be from a normally distributed population, that mean = 100 and s (standard deviation) = 15.
problem 1if various samples of size 15 that is each sample consists of 15 items were taken from a large normal
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