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Use formula z=(mean of values in sample - mu subscript mean of values in sample) divided by (lower case sigma divided by sqrt number of values in sample)
The claim is mu = 73.4 and sample statistics include n=35, mean of values in sample = 69.5, and s=8.7
A large retail corporation plans to sample sales receipts of its meat department to estimate the average size (in dollars) of a customer purchase. Previous analysis suggest that the standard deviation of the purchase amount is approximately $50.72..
What are confounds? Give an example of a design that has three confounds. Describe three ways to alter the design to address these confounds and explain the advantages and disadvantages of each.
A pie chart shows the market shares of cola products. The "slice" for Pepsi-Cola has a central angle of 90 degrees. What is its market share.
The state highway department is studying traffic patterns on one of the busiest highways in the state. As part of the study, the department needs to estimate the average number of vehicles that pass an intersection each day. A random sample of 64 ..
You have a standard deck of cards and you take out 2 cards at random. Let Y1 represent the number of red Queens in your sample and let Y2 represent the number of spades in your sample.
He is expected to satisfactorily service 10 patients per day at an hourly wage of $8. Which dental hygienist would be the better hire? Why?
Test whether there is difference in the two population mean. Use p-value approach
An investor estimates that there is a 1 in 10 chance that a stock purchase will lose 20% of its value, a 2 in 10 chance it will break even, a 4 in 10 chance it will gain 15% and 3 in 10 chance it will gain 30%. What is the expected return.
Construct a 96% confidence interval for the mean weight of all firefighters six months after the exercise rooms were installed.
What is the probability that the first order will come on the fourth sales call of the day? Please show work and round to 4 decimal places.
A sample of 40 decaffeinated-coffee drinkers showed a mean of 5.84 cups per day, with a standard deviation of 1.36 cups per day. Use the .01 significance level. Compute the p-value.
Describe the given data show a seasonal effect using moving average method. Describe the data which show a seasonal effect.
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