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A TV executive is interested in the popularity of a particular cable TV show. She has been told that a whopping 65% of American households would be interested in tuning in to a new network version of the show. If this is correct, what is the probability that all 6 of the households in her city being monitored by the TV industry would tune in to the new show? Assume that the 6 households constitute a random sample of American households.Round your response to at least three decimal places.
Do men and women have different beliefs on the ideal number of children in a family? Based on the following GSS2008 Data and the obtained t statistics, what would you conclude?
A statewide real estate company specializes in selling farm property in the state of Nebraska. Their records indicate that the mean selling time of farm property is 90 days.
Which sessions, morning or afternoon, had more stable or uniform attendance over three-day period? Describe by using the suitable calculation for each data set and compare two calculations .
The State of Ohio plays a daily (except Sunday) three digit lottery, where the player chooses any three numbers, 1 thru 10, three different times.
Which two types of probability sampling are best suited for business research and statistical data analysis, and why?
Listed below is the rate of return for one year. Using the .05 significance level is it reasonable to conclude that the mean rate of return is more than 4.50%?
Farley purchases and pays for merchandise 60% in the month of acquisition and 40% in the following month. Accounts payable is used only for inventory acquisitions. How much cash will Farley receive during November?
The null hypotheseis it true? Sketch the density curve of the sampling distribution. Be sure to locate mean and standard deviationn correctly.
A clothing retailer wishes to investigate the relationship between order size (in dollars) and the level of satisfaction of the customer.
Let X be net income of the AirCanada from the above described random experiment. Compute the probability function of X.
Suppose a bookie will give you $6 for every $1 you risk if you pick the winner in 3 ballgames. For every $1 bet, you either lose $1 or gain $6. What is the bookies expected earnings per dollar wagered?
The average weight is 215 pounds and the standard deviation is 15 pounds. Approximately how many players had weights between 215 and 225 pounds?
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