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1. The Arizona State Office of Tourism Development compiles information about the scenic attractions visited by out-of-state vacationers. The office reports that 75% of out-of-state vacationers visit the Grand Canyon, 35% visit the Sunset Crater (Meteor Crater), and 20% visit both. What is the probability that an out-of-state vacationer will visit at least one of these scenic attractions?
2. You are the sales manager of a life insurance agency. All of your sales representatives are successful in selling a policy on 30% of their sales calls. Determine the probability of a sales representative's selling at least four policies if he (she) makes five sales calls.
3. Crash Airlines flies from Los Angeles to Phoenix. Their mean flying time is 70 minutes with a standard deviation of 6 minutes. Flying time is approximately normally distributed. You are meeting a friend at Sky Harbor Airport, who left Los Angeles at 4:00 PM (Phoenix time). You want to have only a 10% chance of having to wait for him at the arrival gate. What time should you arrive at the arrival gate?
Researcher asked group of 30 students - 12 of them supported change, 13 of them didn't, and 5 had no opinion. This is not binomial model as?
What does confidence interval tell you? What does it mean? What 2 things can a researcher do to decrease width of a confidence interval? What are the effects?
What information is provided by the numerical value of the Pearson correlation? For the following scores, compute the Pearson correlation:
State the null and the alternative hypotheses. Using the p-value approach, test to determine whether or not the mean age of all employees is significantly more than 40 years.
Distinguish the various observational study designs and the randomized controlled trial with regard to validity and feasibility.
Conduct a marketing experiment in which students are to taste one of two different brands of soft drink
Consider the many possible distributions of grades on a quiz in a statistics class; imagine that the grades could range from 0 to 100.
Find the P value for the indicated hypothesis test with the given standardized test statistic, z. Decide whether to reject H0 for the given level of significance deviation. Two-tailed test with test statistic z= -2.43 and standard deviation = 0.04..
Compute the suitable Test Statistic to test hypothesis that the proportion of condominiums that sold within 30 days decreased from 2006 to 2007.
Perform a linear regression, 8 month moving average & 3 month moving average forecasting technique to see which is most accurate for the new quarter 11 if quarter 11 sales are 172,000 units
Suppose that beer consumption and religious affiliation are not independent of each other. That means that
Entities arrive at single-server queuing system at average of 4 per hour and server can service average of 5 per hour. Mean in the queue is?
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