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What excel formula would I use for this problem. Please show me the work for your solution.
If the restaurant stocks 400 hamburgers and 150 chicken sandwiches for a given day, what is the probability that it will run out of hamburgers or chicken sandwiches (or both) that day? Assume that the demand for hamburgers and the demand for chicken sandwiches are independent.
Discuss the strengths and weaknesses of correlational and regression studies; discuss concepts such as positive and negative correlations, correlation coefficients, confounding, and causality.
The ideal number of children. "What do you think is the ideal number of children for a family to have?" A Gallup Poll asked this question of 1016 arbitrarily chosen adults. Almost half (49%) thought two children was idea suppose that p = 0.49 is e..
Explain how many cars would required to go by the speed trap to be 99.8% sure which at least one driver will warm oncoming traffic of the speed trap.
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?
A partial computer output from a regression analysis as follows. The regression equation is:
Estimate a multiple regression model using revenue as your dependent variable. For independent variables, include population, average income, screens, theatre age, and dummy variables for mall and strip mall.
The average monthly cost per household for groceries in kentucky is $625/mo with a standard deviation of $125/mo. The average age of the memebers in each of the households in Kentucky is 22.5 yr with a standard deviation of 5.175 yr. Which data se..
A random sample of 90 printers discovered that 25 of them were being used in small businesses. Find the 95% limit for the population proportion of printers that are used in small buisnesses.
In your environment (business or personal), please give an application of exponential smoothing and why you would use this technique.
MATH1550H: Assignment: Questions: Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.
A study of 20 worldwide financial institutions showed the correlation between their assets and pretax profit to be .86. At the .05 significance level
When determining the sample size necessary for estimating the true population mean, which factor is not considered when sampling with replacement
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