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A TV executive is interested in the popularity of a particular cable TV show. She has been told that a whopping 68% of American households would be interested in tuning in to a new network version of the show. If this is correct, what is the probability that all 6 of the households in her city being monitored by the TV industry would tune in to the new show? Assume that the 6 households constitute a random sample of American households.
Round your response to at least three decimal places
A Gallup Poll (June 9 to 12, 2008) interviewed a random sample of 822 adults (18 years or older). The people in the sample were asked about their level of confidence in a variety of institutions in the United States. Here are the results for small..
Use the five steps of hypothesis testing to determine whether the observed differences in the number of activities in the following table performed by the three groups are statistically significant at the .05 level of significance. Clearly indicat..
The amounts of money requested on home loan applications at a particular bank follow the normal distribution, with a mean of $80,000 and a standard deviation of $24,000. A loan application is received during the day.
We can use two products at my work, which are mutual funds and see if there is a correlation between the two. The two different funds are: a domestic stock mutual fund, which only invests in large organizations (large cap companies) based here in..
Can we conclude there is a difference in mean number of surgeries performed by hospital or by day of week?
Compute the standard error of the mean O(funny o with line) line over x, for sample sizes of 50, 100, 15o, and 200. What can you say about the size of the standard error of the mean as the sample size is increased?
Assume the arrival of these emails i3 approximated by the Poisson distribution.
Find the probability of an untrained dog performing as well as Maggie. Is it unusual for an untrained dog to do as well as Maggie?
What is the probability that: The amount requested is $80,000 or more?
How does multilinear regression analysis apply to your profession? Specify the dependent value and the set of predictors. Where would you get the data?
The trial failed to show significance. How many subjects would be required to detect the difference in proportions observed in the trial with 80% power?
A recent article in the Myrtle Beach Sun Times reported that the mean labor cost to repair a colour television is $90 with a standard deviation of $22. Monte's TV Sales and Service completed repairs on two sets this morning. The labor cost for the..
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