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A university is planning on surveying grade 12 students in local high school to estimate the proportion who plan to attend the university after graduation. How large a sample should be selected in order to estimate the population proportion to within a margin of error of 0.02 with 97% confidence. The sample proportion from the preliminary sample was 0.18.
According to the data from the College Entrance Examination Board, scores on the SAT-I test have a mean of 1017, and Q1 is 880.
Develop a decision tree for the case of a company operating at full capacity and with product demand rising. The choice is between new equipment and overtime.
In the Distance problems, the kids are given a Rate (speed) that a vehicle is going, as well as a Time that the vehicle travels, and asked to calculate the Distance travelled. In the Rate problems they are asked to compute Rate from the other two ..
At 0.05 level of significance, is there evidence that proportion of claims processed under this new system is higher than article reported for previous system?
Drug manufacturer knows that for a certain antibiotics, the average number of doses ordered for a patient is 20. Steve Simmons, a salesman for the company
What proportion of time will it take clean-up crew 56 or more hours for cleaning plant? Define the lower and upper limits of interval.
Woodco manufactures tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. A total of 150 board feet of oak and 210 board feet of pine are available.
The regression equation is Y = 29.29 - 0.96X, the sample size is 8, and the standard error of the slope is 0.22. What is the critical value to test the significance of the slope at the 0.01 significance level?
Construct a 95% confidence interval estimate of the population mean life of the light bulbs.
Generate a 95% confidence interval for the true mean total cholesterol levels in children.
Suppose the random variable x is best described by a normal distribution with µ = 24 and σ = 2.7. Find the z-score that corresponds to each of the following x values.
What is the purpose of sampling? What are some concerns and dangers of sampling? How important is the sample design to data validity? Explain.
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