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The average price of homes sold in the medium size city in Canada in the past year was $220,000. A random sample of 81 homes sold this year showed an average price of $210,000 with a sample standard deviation of $36,000. Determine whether there has been a significant decrease in the average price of homes.
If a proposal evaluator randomly selected two proposals, what is the probability that both of them met the specified?
Explain the purpose of the critical value in a hypothesis test, how do you find the critical value and what purpose does it play?
a study of peach trees found that the average number of peaches per tree was 825. the standard deviation of the
a. Formulate the given problem as a linear programming problem? b. The following is the final simplex tableau for the above problem:
You are one space short of winning a child's board game and must roll a 1 dice to claim victory. You want to know how many rolls it might take. Describe how you would simulate rolling the dice until you get 1.
Beanstalks. Beanstalk Clubs are social clubs for very tall people. To join, a man must be over 6'2" tall, and a woman over 5'10" The National Health Survey.
The mean annual salary paid to all employees in a company was EURO 30.000. The mean annual salaries paid to male and female employees of the company were EURO 32.000, and 24.000, respectively. Determine the percentage of males and females employed..
Zip codes. Holes-R-Us, an Internet company that sells piercing jewelry, keeps transaction records on its sales. At a recent sales meeting, one of the staff.
Determine equation in point-intercept form for line that goes through points (8,-1) and (4,3).
Risk management consists of a series of steps that should be followed to reduce the consequences of disruptions. Briefly discuss these steps.
An Introduction to Statistics class in Davies County, KY conducted a hypothesis test at the local high school.
Classify each of the following random variables as discrete or continuous.
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