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Sun Microsystems has approximately 50% of the high-end Unix machines market with its closest competitor being IBM. Suppose that 15 firms were in the market to purchase a high-end Unix machine. Assume that these firms listened to sales pitches by all the major players selling high-end Unix machines.
a) What are the mean and the standard deviation of the number of firms that purchase a Unix machine from Sun Microsystems?
Assume that the master budget for Cannondale shows total variable expenses of $10,000. The budget was based on production of 5,000 units. Cannondale sells all units it produces.
Given the following data, calculate the EMV for each investment alternative. Which is best based on the EMVs you calculated?
The researcher computes the sum of squares for groups as SSG = 40030 and the sum of squares for error as SSE = 414780. The numerical value of the ANOVA F statistic is
Write a brief summary of the distribution of life expectancy.
1. What do discrete random variables describe? 2. Explain joint probability. 3. Explain conditional probability.
What is the probability that a U.S. user who downloads music, selected at random, obtained it from either the United States or Canada.
Florida State University administers a test of mathematics placement to students when they first enter the university.
For the 20 test scores shown, find the percentile rank for a score of 86.
Find the sample mean and sample standard deviation for the amount of unspent money returned at the end of the day.
The researcher expects a 12-point treatment effect and plans to use a two-tailed hypothesis test with a = 0.05.
Mark makes it a policy not to buy bananas unless the price is 33 cents or less per pound. What proportion of the time would he buy bananas?
Create a 95% confidence interval for mean cost of repairs. Interpret this interval.
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