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Beverly Ann Cosmetics has created two new perfumes: Summer Passion and Ocean Breeze. It costs $5.25 to purchase the fragrance needed for each bottle of Summer Passion and $4.70 for each bottle of Ocean Breeze. The marketing department has stated that at least 30% but no more than 70% of the product mix be Summer Passion; the forecasted monthly demand is 7,000 bottles and is estimated to increase by 8 bottles for each $1 spent on advertising. Summer Passion sells for $42.00 per bottle and Ocean Breeze, for $30.00 per bottle. The forecasted monthly demand for Ocean Breeze is 12,000 bottles and is estimated to increase by 15 bottles for each $1 spent on advertising. A monthly budget of $100,000 is available for both advertising and purchase of the fragrances. Develop and solve a linear optimization model to determine how much of each type of perfume should be produced to maximize the net profit.
Is this statistically significant evidence that candidate has sufficient valid signatures overall? Describe.
Given length an athlete throws a hammer is a normal random variable with mean 50 feet and standard deviation five feet, what is the probability he throws it: Between 50 feet and 60 feet.
Test whether the mean rate is less than 6%. Use P-value approach.
In certain normal distribution of scores, mean is 50 and standard deviation is 4. Determine z-score corresponding to a score of 55.
Assume the population standard deviations are not the same. At the .05 significance level, is there a difference in the mean waiting time?
Investigate the cost of a home mortgage and to determine the monthly payment.
What is the probability that the mean contents of a six-pack are less than 12 ounces and what is the chance I find at most two defectives in the sample
Test hypothesis that annual incomes of corporate trainers in areas of more than 500,000 are considerably more than those in areas of less than 100,000. Make use of the 5% level of risk.
At α = .01, did yellow fire trucks have a considerably lower accident rate? Determine sample proportions and z test statistic.
The data below show the average daily high temperature for Chicago, Illinois, for twelve recent spring and summer months. Create a stem-and -leaf diagram for the data.
Evaluate z statistic for the Wilcoxon rank sum test, standard deviation for the Wilcoxon rank sum test and P-value for the Wilcoxon rank sum test
MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?
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