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The production manager for Beer etc. produces 2 kinds of beer: light and dark. Two of his resources are constrained: malt, of which he can get at most 4800 oz per week; and wheat, of which he can get at most 3200 oz per week. Each bottle of light beer requires 12 oz of malt and 4 oz of wheat, while a bottle of dark beer uses 8 oz of malt and 8 oz of wheat. Profits for light beer are $2 per bottle, and profits for dark beer are $1 per bottle. What are optimal weekly profits?
Paul has calculated the indifference probability for the lottery having a payoff of $160K with probability p and -$80K with probability (1-p) as follows:
I have a problem that wants to know the sample size of Illinois republican voters, they want to know the sample size with 95% confidence and 3% margin of error, not sure how to get started.
What is the critical F value for a sample of 21 observations in the numerator and 15 in the denominator? Use a two-tailed test and the 0.02 significance level. (Round your answer to 2 decimal places.)
30% of the time the wife is listening to the radio. Find the probability that:a. If the wife is listening to the radio, the husband is also listening to the radio.
If the computer manufacturer decides to sample 2,300 of the microchips received in each shipment, what acceptance number, c, would they want?
In Texas, 1991, the weights of babies, the mean birth weight for all babies is 3369 grams, with a standard deviation of 581 grams, (454 grams = 1 pound). Looking at a baby that weighed 16.1 lbs at birth: What would his Z-score be when compared to ..
A researcher selected a sample of 50 residents from each of 3 different cities to determine if they were willing to participate in a medical experiment. which of the following assumptions is NOT made for the F test for comparing 3 or more means?
A department store, on average, has daily sales of $29,876.76. The standard deviation of sales is $1000.00. On Tuesday, the store sold $34,893.71 worth of goods.
How can these three levels be used to evaluate risk to patients in implementing decisions based on research findings? a statistical significance of p
Children per family for certain community from census data. Recognize random variable of interest, find out whether is a discrete or continuos, and write its possible values.
Explain why it is not appropriate to perform a formal inference procedure and yet it is still reasonable to conclude that the incidence rate is higher for gulf war veterans than for those who did not serve in the gulf war.
Compute the value of the proportion of the population.
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