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Suppose that 45% of all adults regularly consume coffee, 65% regularly consume carbonated soda, and 70% regularly consume at least one of these two products.
a. What is the probability that a randomly selected adult regularly consumes both coffee and soda?
b. What is the probability that a randomly selected adult doesn't regularly consume at least one of these two products?
A fast-food franchiser is considering building a restaurant at a certain location. Based on financial analysis, a site is acceptable only if the number of pedestrians passing the location averages more than 100 per hour.
Find a 90% confidence interval for the mean amount left by all groups.
An investment project is expected to earn $100,000 on average with a standard deviation of $50,000. Assume earnings from this investment project is a normal distribution. Of the next 15 people that invest in this project, what is the probability t..
Could this information be viewed as representing the ratio scale of measurement? If so , explain why. If not, why not.
Determine the optimum mix of products in terms of maximizing contributions to profits for the next period. Show all work.
An overnight express company must include seven cities on its route. How many different routes are possible, assuming that it matters in which order the cities are included in the routing?
Test the equality of the means of three populations.
Assume duration of human pregnancies follow mound-shaped distribution with mean of 266 days and the standard deviation of 16 days.
An artifact is discovered at a certain site. If it has 46% of the carbon-14 it originally contained, what is the approximate age of the artifact to the nearest year?
At.05 level of significance test to find out if number of breakdowns is independent of shift.
Describe the data for a correlational research study. Explain how correlational research is different from other research evaluating the relationship between two variables.
Determine the relationships among data above? Analyze with charts/graphs/tables and a discussion.
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