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1. For each of the following statements, indicate whether it is True/False. If false, explain why.
The manager of a warehouse monitors the volume of shipments made by the delivery team. The automated tracking system tracks every package as it moves through the facility. A sample of 25 packages is selected and weighed every day. Based on current contracts with customers, the weights should have μ = 22 lbs. and σ = 5 lbs.
i) Before using a normal model for the sampling distribution of the average package weights, the manager must confirm that weights of individual packages are normally distributed.
ii) The standard error of the daily average SE( ) = 1.
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Caselet on McDonald’s vs. Burger King - Waiting time
Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.
Problems on Sampling Variability and Standard Error and Confidence Intervals
Estimate the population mean
Conduct a marketing experiment in which students are to taste one of two different brands of soft drink
Find out the probability
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