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The scores of students taking the Scholastic Aptitude Test (SAT) are normally distributed with a mean u = 1035 and a standard deviation o = 131.
a) Determine the probability that a simple random sample of 15 students would earn an average score of 1000 or less.
b) Determine the probability that a simple random sample of 50 students would earn an average score of 1080 or greater.
c) Determine the probability that a simple random sample of 75 students would earn an average score between 1020 and 1060.
Suppose the random variable X is normally distributed with mean =50 and standard deviation =7 calculate P(X).
Costs of Television: Listed below are prices (in dollars) and quality rating scores of rear-projection televisions. All of the televisions have screen sizes of 55 or 56 inches.
Develop a frequency distribution table with proportions. What is an experiment? Can you describe what a Group Frequency Distribution Table is and what it looks like?
Critique the HR manager's planned approach and give him advice on how to proceed. You can assume that a reasonable estimate for the proportion of new hires that are happy with the company is .8.
A suburban hotel derives its gross income from its hotel and restaurant operations. The owners are interested in the relationship between the number of rooms occupied on a nightly basis and the revenue per day in the restaurant.
At α = .05, is there a difference in variances? Illustrate all steps clearly, including the illustration of the decision rule.
Samples of size 49 are taken from a population with a σ of 17. If the mean of the sample is 25, what is the confidence interval at the 90% confidence level?
Compare two month moving average also exponential smoothing using MAD. The subsiquent data represents demand for company ABC's products for the last 10 months.
Compute the skewness for your data set using Pearson's
Two-liter plastic bottles used for bottling cola are shipped in lots of 100. Suppose the lots are 5 percent defective. Some bottles leak, some are too small, and so forth.
Biting an unpopped kernel of popcorn hurts! As an experiment, a self-confessed connoisseur of cheap popcorn carefully counted 773 kernels and put them in a popper. After popping, the unpopped kernels were counted. There were 86. a) Construct a 90 ..
Using the .02 level of significance, conduct a five-step hypothesis testing procedure to determine if the new processes significantly reduced the wait time.
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