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The mean area of several thousand apartments in a new development is advertised to be 1250 sq. ft. An engineer measured a random sample of apartments: 1244 1245 1242 1245 1237 1245 1246 1232
1247 1245 1240 1234 1244 1243 1234 1238
The apartments sizes in the development vary Normally with o = 5 sq. ft. Is there good reason to believe that the mean is less than 1250 sq. ft? Why?
The average number of days absent per student per year at West Valley School is 17 days with a standard deviation of 4 days. How many standard deviations from the mean is 6 absent days?
Computing the probability values using normal distribution - what proportion have SAT scores greater than 550?
Find a 95% confidence interval for the population mean concentration of uric acid in this patient's blood. What is the margin of error?
What is the expected shape of the distribution of the sample mean?
Far West University offers both day and evening classes in business administration. One question in a survey of the students inquires how they perceive the prestige associated with certain careers.
What sample size should be chosen so that there is 0.95 probability of estimating the mean monthly income in $150 or less?
Find out best decision, by using following decision criteria.
Machine X test unit cost $3000 with beta=3 and theta=500, Machine Y test unit cost $2000 with beta=3 and theta=400. If the machines oil fixtures has life of 20 hrs, which machine goes to market first?
Using quadratic regression model find the estimated number of planes.
The probability of error in the transmission of a binary digit over a communication [2] channel is 1=103. Write an expression for the exact probability of more than 3 errors when transmitting a block of 103 bits. What is its approximate value? Ass..
What is the probability that all 3 would iPods from best buy? Or at least one would have iPod from best buy?
Finding Normal probabilities using standard normal table or Excel built in functions
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