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Fast Computers Inc. supplies made-to-order personal computers through direct (telephone and online) sales channels. A key competitive feature of its business is the delivery time - the time lapse between receipt of an order and final delivery to the customer. By tracking thousands of previous orders, the company has found that delivery times to the large Toronto market are well-approximated by a normal distribution with a mean value of 5.4 days and standard deviation of 1.34 days. In answering the following questions, you may assume that these parameters are known exactly.
Confidence interval for the true proportion of the stores that violate the standard were not met. Determine the number of stores that must be sampled in order to estimate the true proportion to within 0.05 with 95% confidence using the large-sa..
Observed Treatment Success
What would the optimal action be for International before running the sneak preview?
The shelf life of a battery produced by one major company is known to be Normally distributed, with a mean life of 4 years and a standard deviation of 1 years.
What can we say about the shape of the distribution of the sample mean?
Perform exploratory data analysis on the relevant variables in the dataset. When possible, include appropriate graphs to help illustrate the dataset.
A local ice-cream store receives an average of 3 customers per hour. Assume that the arrival events are well described by Poisson distribution. The cashier wants to leave the store to run an errand. The manager computes the expected time T between..
Determining factors of gender identification and gender roles.
Find the relation of question with some of the factors you think important as motivators of choosing the medical profession. Why do you choose these factors?
Find the Expected Value of Marketing - the marketing manager at Cooke Collectibles has analyzed the possible demand levels
How are the degrees of freedom for the chi-square hypothesis tests different from those of most other hypothesis tests? In most previous hypothesis tests, the degrees of freedom have been based on sample size.
Define the hypothesis and find the standard error of the difference in the means also find the test statistic - Determine the required sample size to be able to use a 99% confidence interval.
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