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Cliff Jamison sells business forms and he's regarded as a top-notch salesperson. He works hard, plans ahead, and exhibits self-confidence. One day, he made his first presentation to a prospective new client, the California Steel Company. "Ladies and gentlemen," said Jamison, "our forms are of the highest quality, yet they are priced below our competitor's forms. I know that you are a large user of business forms and that you use a wide variety. Whatever your need for business forms, I assure you that we can supply them. Our forms are noted for their durability. They can run through your machines at 60 per minute and they'll perform perfectly." "Perfectly, Mr. Jamison?" asked the California Steel executive. "Didn't you have some trouble at Ogden's last year?" "Oh," replied Jamison, "that wasn't the fault of our forms. They had a stupid operator who didn't follow instructions. I assure you that if our instructions are followed precisely you will have no trouble. "Furthermore, we keep a large inventory of our forms so that you need never worry about delays. A phone call to our office is all that is necessary to ensure prompt delivery of the needed forms to your plant. I hope, therefore, that I can be favored with your order." Did Jamison handle this situation correctly? Why?
Use these data to test whether there are any significant differences among the three age groups. Use α = .05. SSbetween= ? T2/n - G2/N = 152/3 + 122/3 + 32/3 - 302/9
Construct a 95% confidence interval for the proportion of all executives who would like to start over, assuming the sample used was random and representative of all executives.
test the slope of the regression line for the following data. use alpha equals .01.x 139 118 104 88 66 29 25y 26 30 48
below you are given a payoff table involving two states of nature and three decision alternatives.decision alternative
a manufacturing of window frames knows from long experience that 5 percent of the production will have some type of
How many calories does a hot dog have? Consumer Reports magazine presented the following data on the number of calories.
Find the probability that the roots are real. - Find the probability that the roots are complex. - Find the probability that the roots are equal.
He concludes that the new treatment, with a P-value of 0.047, is more effective. Explain what the P-value means in this context.
a study of 31000 hospital admissions in new york state found that 4 of the admissions led to treatment-caused injuries.
The following study was developed by Economist Simon Fass. Fass surveyed a sample population of low-income households in St. Martin. The variables analyzed were monthly income per adult and choice of rental contract for housing.
What criteria should be used when taking a student from one level to another? Which tests should be used to assess learning.
Discuss the potential harmful consequences of committing a Type I Error in this situation, and the potential harmful consequences of committing.
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