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Consider repair cost for Car A and Car B. The mean repair cost for each is $500 per year. Which statistics about repair cost may play into your decision to purchase one of these? Which car would you choose? Explain. Do you take the cash back or 0% financing? How do you know? How much life insurance should you have?
Powers Tire Company (Which specializes in tires for vehicles ca. 1965) needs your expertise to help them schedule over the next three months. They can make tires using regular labor, or subcontracting.
Evaluate 2-month moving average and Exponential smoothing by MAD.
Suppose a random sample of 600 credit card users is taken. What is the probability that more than 150 credit card users are very close to the total limit on their card(s)?
There are 8 members on the board of directors. If the board must form a committee of 6 members, how many different ways may the committee be selected from among the 8 board members?
can a pretest on mathematics skills predict success in a statistics course? the 82 students in an introductory
for the following situation find the mean and standard deviation of the population. list all samples with replacement
Let the random variable X represent the number of light bulbs selected that function properly (i.e., that are not defective). Define the appropriate probability density function for X. What is the probability space for the experiment?
Based on data from a dart-throwing experiment, the article "Shooting Darts" (Chance, Summer 1997, 16-19) proposed that the horizontal and vertical errors from aiming at a point target should be independent of one another, each with a normal distri..
Five have a 3/10,000 chance for failure. Four have a 4/10,000 chance for failure. One componet has a 1/100 chance for failur. What is the overall reliability of the product?
a university has 1000 computers available for students to use. each computer has an 850-gigabyte hard drive. the
questionto test the efficacy of admissions or release an emergency room embarks on a controlled experiment. each
a non profit company concerned with the school dropout rates in a nearby state has designed a tutoring program aimed at
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