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Subjects in a study by Dabonneville et al. included a sample of 40 men who claimed to engage in a variety of sports activities (multisport). The mean Body Mass Index (BMI) for these men was 22.41 with a standard deviation of 1.27. A sample of 24 male rugby players has a mean BMI of 27.75 with a standard deviation of 2.64. Is there sufficient evidence for one to claim that in general, rugby players have a higher BMI than the multisport men? Perform the test at the 0.01 level of significance.
The standard deviation of the sample is $3,000. Interpret your findings.
Findout the margin of error for this survey if we want a 99 percent confidence in our estimate of the percent of adults over 50 who take vitamin supplements.
The credit score of a 35 year old applying for a mortgage at Ulysses Mortgage Associates is normally distributed with a mean of 600 and a standard deviation of 100.
If a proposal evaluator randomly selected two proposals, what is the probability that both of them met the specified?
LSAT scores are normally distributed, with a mean of 150 and s = 10.
Can the company claim that they are faster than the average utility?
Finding the value of test statistic utilizing two-tail 't' test also interpret the result. The Commercial Bank as well as Trust Company is studying the use of its automatic teller machines.
Carry out the suitable hypothesis test, at alpha = .05, to find out whether there is a relationship between school/work and stress.
Find the range and the standard deviation of the times.
Below are the sample times in minutes. At the .05 significance level, can we conclude that there is a difference in their mean times?
Calculate the value of Pearson correlation. Illustrate what information is provided by the numerical value of the Pearson correlation.
A monthly budget of $100,000 is available for both advertising and purchase of the fragrances. Develop and solve a linear optimization model to determine how much of each type of perfume should be produced to maximize the net profit.
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