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In 2005, the average fee for H&R Block Executive Tax Service was $118.96. Assume that the standard deviation of the fees was $50.00 but that we have no idea Regarding the shape of the population distribution. What is the probability that the mean fee for a sample of 30 customers was less than $125?
Suppose that the proprietor of a shop determines that 60% of her customers use a credit card, 30% pay with cash, and the rest use a debit card. What is the probability that a customer does not pay with cash?
At the .05 significance level, is there a difference in the mean number of calls per day between the two employees?
To conduct a follow-up study that would provide 95% confidence that the point estimate is correct to within plus-or-minus 0.04 of the population proportion, how large a sample size is required?
A random sample of eight adults aged 30 years were asked how much they spent on medical costs in the year 2011. The following data were measured. Compute the sample standard deviation.
If there are 500 students in the school, what is the probability that everyone will pass the exam?
One definition of a low-mileage car is one that is 4 years old and has been driven less than 45,000 miles. What percent of the cars returned are considered low-mileage?
Explain the relationship between total gross and opening gross total gross and number of theatres total gross and week in top 60.
The mean starting salary for college graduates in the spring of 2000 was$31,280. Assume that the distribution of starting salaries follows the normal distribution with a standard deviation of 3,330.
A new improved rocket launching system is being considered for short-range assault rockets. The requirement is that 80% of the rockets shall strike the target area at 800 meters. A sample of 36 experimental launches is made with 29 striking the ta..
It is estimated that 3% of the athletes competing in a large tournament are users of an illegal drug to enhance performance. The test for this drug is 90% accurate.
If random samples, each with n = 4 scores, are selected from a normal population with MK = 80 and o=10
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.
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