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Suppose you were a manager of a business. You can only pick on method to solve the LP problems, which method would you choose and Why?
Determine the variance of X? (Illustrate your computation either in Table or in Equation form)
Find out the regression variable that correlates best. Among which regression variable, carbon dioxide or methane correlates best with the earth's surface temperature.
Utilize the given degree of confidence also sample data to construct a confidence interval for population proportion.
What is the probability that the cereal would be high calorie? In other words, what is P (high calorie)?
One of the main measures of the quality of service provided by any organization is the speed with that responds to customer complaints. A large family-held department store selling furniture and flooring, including carpet, had undergone a chief ex..
If x is a binomial random variable where n = 100 and p = .1, find the possibility that x is less than or equal to 10 using the normal approximation to the binomial.
The first unit produced after the calibration effort to be found to be defective. What is the probability that machine is in adjustment?
What kind of statistical test best did you use?
Compare a three-month moving average forecast with an exponential smoothing fore-cast for a = 0.2. Which provides the better forecasts using MSE as the measure of model accuracy?
The lifetime of a 2-volt non-rechargeable battery in constant use has a Normal distribution with a mean of 516 hours and a standard deviation of 20 hours. The proportion of batteries with lifetimes exceeding 520 hours is approximately.
What is the predictive value of a negative test result? In other words, what is the probability that an individual who returns a negative tests for hypertension is not hypertensive? Please give your answer to 3 decimal places.
How many jackets should the store owner order if she wants to maximize her expected profit?
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