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The number of senior citizens (65 and older) in the US in millions n years after 1990 can be estimated using the formula
s=0.38n+31.2
The percentage of senior citizens living below the poverty level n years after 1990 can be estimated using the formula
p= -0.25n+12.2
a) How many senior citizens were there in 2000?
b) In what year will the percentage of seniors living below the poverty level reach 7%
c) What is the first year in which we can expect both the number of seniors to be greater than 40 million and fewer than 7% living below the poverty level?
Establish a 99% confidence interval for the difference in the proportion of suburban and urban housewives who own IPod.
Approve a schedule by .25 minute, down to a minimum time of 1.0 minute to approve a schedule. How many assistants should the dean assign to the advisor?
The annual precipitation amounts in certain mountain range are normally distributed with a mean of 88 inches, and a standard deviation of 10 inches.
Let's treat race of offenders as the independent variable and race of victims as the dependent variable. If we first ignore the independent variable and try to predict race of victim, how many errors will we make?
Consider a worker-paced line with three process steps, each of which is staffed with one worker. The sequence of the three steps does not matter for the completion of the product.
A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,860 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag.
What is the level of measurement for there is no significant difference between marital ages of men and women? and ther eis a significant difference between marital ages between men and women.
Explain the difference between a discrete and a continuous random variable. Give two examples of each type of random variable.
The city of Laguna Beach operates two public parking lots. The one on Ocean drive can accommodate upto 125 cars and the one on Rio Rancho can accommodate upto 130 cars.
Does the sample provide sufficient evidence that the mean pH level in the water differs from 8.5? Conduct a test at the ? = .01 level. What are the upper and lower limits of the 95% confidence intervals?
A final exam in Statistics has a mean of 73 with a standard deviation of 7.73. Assume that a random sample of 24 students is selected and the mean test score of the sample is computed. What percentage of sample means are less than 70?
Normal distribution has mean of 80 and standard deviation of 14. Find out the value above which 80 percent of values will occur.
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