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A professor believes that the final examination scores in statistics are normally distributed. A sample of 40 final scores has been taken. You are given the sample below. The mean of the scores is 83.1 and the standard deviation is 10.38.
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63
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72
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100
a. State the null and alternative hypotheses.
b. Compute the test statistic for the goodness of fit test.
c. At the 1% level using the p-value approach, test the hypotheses. What do you conclude about the distribution of final examination scores?
Write a short (2-3 page, double-spaced, typed) essay identifying and describing the current state of the health care industry using the tools we have studied this semester.
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Suppose that the nominal rate of interest is holding steady at 8 percent even as the anticipated rate of inflation rises.
Illustrate what will be the price of this new drink in the long run, assuming the industry is a Cournot duopoly.
In 2013, the furniture store PB produced 13 mahogany desks. One of them is sold to Jeanine for $3,349, later that same year Jeanine sold the desk to Pamela for $1,919. The remaining desks were not sold to anyone that year and stay in PB's inventory a..
Why is the term asymmetric information in order to understand why some people are better informed than others, and the imbalance in information
When Jennifer is healthy, her utility level is 99. However, there is 0.15 chance that she will get sick. Once she is sick, her utility level drops to 17. What is Jennifer's expected value of utility?
What factors must a financial manager consider when making decisions about accounts receivable?
“The law of demand says that when the price of something falls, more should be consumed. But when the price of a vacation falls, I still just take one vacation per year.” How does the law of demand fit in this circumstance?
Explain the three main "eras" in U.S. stadium funding: entrepreneurial, public infrastructure, and public-private partnership.
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