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The prof want me to explain how I solve this problem and make outline for that 1/An executive summary outlining the logistic problem, available business actions to solvethe problem as well as the final decisions and recommendations based on your analysis. 2/A brief narrative discussion explaining the logi stic model, how you perform the analysis and come up with the final decisions and recommendations. Justifications to yourrecommendations are also welcome.
The rest have no opinion. " Suppose that a a sample of 100 American adults is quizzed on the subject. What is the probability of the following events?
What would be a good example of a null and alternative hypotheses for a decision relevant in life? What Type I and Type II errors could occur with your decision-making process?
Given that a particular student tests negative for stress, what is the probability that the test results are correct, and that this student is not overstressed?
Tread wear was found to be 80,000 miles with a standard deviation of 5,600 miles. What is the best estimate of the average tread life in miles for the entire population of these tires?
Can you please derive the mean and variance of a RV X, which has a Poisson distribution.
A test statistic is computed from sample data in hypothesis testing and is used in making a decision about whether or not to reject the null hypothesis. True or False
If the probability of no accidents during a 24 hour period is 0.1353, what is the mean number of accidents per 24 hour period?
Determine the probability the sample of 40 will have a sales average less than $400,000.
Enlarged to 14 measurements, by including two additional measurements having a common value of 40 each. Find the standard deviation of the sample of 14 measurements.
Investigate the cost of a home mortgage and to determine the monthly payment.
If a single test is run and indicates that oil is present, what is the revised probability that oil is actually present?
If 49 participants (49 = size of the sample) are chosen randomly, what is the probabilty that their mean spent amount will be in $6 of population mean? (mean+/-6).
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