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The waiting time (in minutes) between ordering and receiving your meal at a certain restaurant is exponentially distributed with a mean of 10 minutes. The resturant has a policy that your meal is free if you have to wait more than 25 minutes after ordering. What is the probability of receiving a free meal?
if the probability of success is 1100 how many trials are necessary in order that probability of at least one success
a warehouse distributor of carpet keeps 6000 yards of deluxe shag carpet in stock during a month. the average demand
a client gives you a data set of 30 observed values that represent the number of gallons of gas that 30 individual
Identify at your place of work (or a previous place of work, or an organization with which you are affiliated). Identify a dependent variable and 3 independent variables
according to the consumer electronics manufacturers association 10 of all u.s. households have a fax machine and 52
the data set toxemia contains information for a sample of 100 infants born in two hospitals in boston. indicators of a
A regression of height (X, in inches) on hourly earnings (Y, in dollars), yields the following results: What is the value of b1 in the regression Y = b0 + b1X?
There is a horse race with 12 horses competing. A gambler must rank the 12 horses for first, second, third and fourth place finishing.
Compute the variance and standard deviation
To estimate p, we use the proportion p-hat in the sample who answer "Yes." Justify the use of a normal approximation and find the following probabilities.
Is there evidence that the waiting time at this particular restaurant is less than 3.7 minutes? Use a 1% level of significance. What is your conclusion?
Using the finite population correction factor, compute the standard error for each of the three firms given a sample of size 50.
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