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A mean score on a standardized test is 50 with a standard deviation of 10. Answer the following:
a. What scores fall between -1 and +1 standard deviation?
b. What percent of all scores fall between -1 and +1 standard deviation?
c. What score falls at +2 standard deviations?
d. What percentage of scores falls between +1 and +2 standard deviations?
Find out the probability that: (a) The amount requested is between $65,000 or more?
Suppose a company owns three cars that get 20 miles per gallon, two cars that get 22 miles per gallon and one car that gets 24 miles per gallon. Would the mean miles per gallon be 22?
Reynolds Electronics accepts a lot from a particular supplier if the defective components in the lot do not exceed 1%. Suppose a random sample of five items from a recent shipment is tested.
Develop 3 regression models to forecast selling price based upon each of other factors individually. Which of these is best?
Determine out the regression equation. Determine the estimated sales if 40 contacts are made.
Do these results suggest that the different therapies have different effects on mental health? (Use the .05 level.) a. Use the five steps of hypothesis testing.
Jeweller desires to know how many of each item to make each week to maximize profit. Create the integer programming model for this problem (written in format similar to way Problems 1 and 2 were presented).
What is the stock's value at it's highest on 15 days of the year? (Assume that there are 240 trading days in a year).
Compute a 5-month moving average forecast for June through January.
We say that two things have a positive relationship if they move in the same direction, or as one thing increases, so does the other. Or if one thing decreases, so does the other.
Randomly select a sample of five rental agencies. Start with row two and column two. The number is 90935. Use the first two numbers starting with 90.
A statewide real estate company specializes in selling farm property in the state of Nebraska. Their records indicate that the mean selling time of farm property is 90 days.
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