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Douglas Boats is a supplier of boating equipment for the states of Oregon and Washington. It sells 5,000 White Marine WM-4 diesel engines every year.
These engines are shipped to Douglas in a shipping container of 100 cubic feet, and Douglas Boats keeps the warehouse full of these WM-4 motors.
The warehouse can hold 5,000 cubic feet of boating supplies. Douglas estimates that the ordering cost is $10 per order, and the carrying cost is estimated to be $10 per motor per year. Douglas Boats is considering the possibility of expanding the warehouse for the WM-4 motors. How much should Douglas Boats expand, and how much would it be worth for the company to make the expansion? Assume demand is constant throughout the year.
Use a decision tree to describe the possible strategies and the consequences (or payoffs) of each. Show your decision tree.
Use the study to estimate the risk of an air bag fatality on a child seated on the front passenger seat.
On average, the size of the difference between the sample mean and the population mean is predicted by:
The grade point average of the students at UTC is 2.80 with a standard deviation of 0.84. The grade point average of students at UTK is 2.4 with a standard deviation of 0.84. Which university shows a more dispersed grade distribution?
Student team examined parked cars in 4 different suburban shopping malls. One hundred vehicles were studied in each location. Research question : At α = . 05.
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The annual precipitation amounts in certain mountain range are normally distributed with a mean of 88 inches, and a standard deviation of 10 inches.
The sample proportion of large gloves for each location is and . (Round your answers to 4 decimal places.)
What can be done to remedy multicollinearity? Use ANOVA instead of Regression.
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