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The mean bill per customer at Shane's Service Station is $9.50 with a standard deviation of $0.75. The median bill is $10.00. The mean amount of time spent by a customer in the station is 6.5 minutes with a standard deviation of 2 minutes.
According to Chebychev's Theorem, what proportion (percent) of the customers spent between 3.30 minutes and 9.70 minutes at the station?
An error of .01 in the computation of the short interest rate, approximately what error do you expect to make in the computation of the value of the portfolio?
This project will be completed and turned in individually, not as a team. You will submit a write-up of your solutions (hand written is fine).
Announcements for 84 upcoming engineering conferences were randomly picked from a stack of IEEE Spectrum magazines. The mean length of the conferences was 3.94.
A lot consisting of 100 fuses is inspected by the following procedure: 5 fuses are selected randomly, and if all 5 "blow" at the specified amperage, the lot is accepted. Suppose that the lot contains 10 defective fuses. Find the probabily of accep..
Explain how they would conduct this experiment using a completely randomized design.- Explain how they would conduct this experiment using a randomized block design.
They plan to set up a radar trap and check the speeds of 80 randomly selected cars. Can this distribution be approximated by a normal curve?
What percentage of the product made in this process can be expected to fall into this desired category? (3) What is the theoretical probability of this process producing sheets with 5 or more inclusions?
What is the probability that today’s production will be more than 950? If there are 22 working days in June, how many could be expected to have production being more than 950? What is the probability that today’s production will be between 950 and 10..
A professor is targeting a score of 80 on an exam. His forty-nine students averaged 78 on an exam with s = 7. Are the scores significantly less than 80 at a significance level of 0.05? Show your work and state the conclusion.
A real estate broker purchased 3 two- bedroom houses in a depressed market for a combined cost of $71,000. He expects the cleaning and repair costs on each house to average $3700
1. What arc the fundamental differences between a thermal and a photon (quantum) d etector?
Create network for aerospace launch project below and determine its critical path.
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