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A loaf of bread is normally distributed with a mean of 22 oz. and a standard deviation of 0.5 oz. What is the probability that a loaf is less than 22.25 oz.?
.1915
.8413
.7257
.6915
.3085
Joe is considering pursuing an MBA degree. He has applied to two different universities. The acceptance rate for applicants with similar qualifications is 25% for University A and 40% for University B.
Identify the null and alternative hypothesis, test statistics, p-value or critical value(s), conclusion about the null hypotesis and final conclusion that address the original claim.
Find the probability between the given values for normal distribution.
Discuss the assumptions of this model. Specifically, how does each variable affect demand? How do the variables influence each other? What limitations might this model have? How can it be improved?
Using Microsoft Excel, create a correlation analysis of Wal-Mart's annual net income over the past 10 years compared with Sears's annual net income over the past 10 years and interpret the results.
Interpret the correlation between each set of variables.
Compute the length-of-life value for which 10% of the watch's batteries last longer.
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.
In a certain town, 30% of adults have a college degree. The accompanying table describes the probability distribution for the number of adults (among 4 randomly selected adults) who have a college degree. Find the standard deviation for the probab..
Estimate with 95% confidence the mean reduction in time it takes for someone who has taken the sleeping pill to fall asleep.
A certain random experiment can result in one of four different possible outcomes, which we'll call A, B, C and D.
In analyzing two independent small samples you notice that the standard deviation for both samples are the same. How does this affect the S2p (the pooled variance)? Explain your answer.
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