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A random sample of 72 statistics students was taken to estimate the proportion of students who are also in the Math Club. The 90% confidence interval was 0.438 to 0.642. Using this information, what sample size would be necessary to estimate the true proportion to within 0.08 using 95% confidence?
Make use of normal probability distribution features of EXCEL to help determine the probability.
Create Gantt chart using MSP. Suppose the 5 day workweek, compute critical path of the project.
Construct a 95% confidence interval on the population mean for the following sample data set:
Give three logically possible directions of casualty, indicating for each direction whether it is a reasonable explanation for the correlation in light of the variables involved (and why).
If p is the probability of Event 1 and (1-p) is the probability of Event 2, based on the expected returns, for what values of p would you select A? B? C? Values in the table are payoffs.
Compute average daily rainfall in the week and for weekends. Get the average of weekdays' rainfalls and average of weekend's rainfalls.
How does bell-shaped curve for sampling distribution of sample means for samples of size n =120 compare tobell-shaped curve for sampling distribution of sample means for samples of size n =95?
Following sample data shows the weekly closing price of ABC stock. Compute the sample mean and variance from this data set.
Either summarize your design or give an appropriate layout with table.
How large a sample should be taken if the desired margin of error is?
Solution utilizing graphical method. Compute the following linear programming problem. Among which of the following points (X, Y) is not a feasible corner point.
Given 7 male individuals in a Physical Education course, the number of sit ups each individual can do in a one minute period was recorded:
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