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An employment exchange officer claims that the applications received in his office are processed in an average of less than 5 working days. A sample of 8 applications are randomly taken and these were processed in 7, 6, 7, 9, 3, 3, 8 and 5 days. Assuming that the processing time is normally distributed, test the validity of the officer's claim at 0.01 level of significance.
an unfair coin comes up heads 38 of the time. if the coin is flipped 12 times what is the probability that it comes up
in a particular faculty 60 of students are men and 40 are women. in a random sample of 50 students what is the
The following table shows the number of defective, acceptable, and superior items in samples taken both before and after the introduction of a modification in the manufacturing process.
Austin should not consider financing with yen and simultaneously purchasing yen 1 year forward because the effective financing rate would be 7 percent, the same as the financing rate in the United States.
assess the use of qualitative data to support business decision making. consider different tyoes of qualitative data
What are the mean and standard deviation of the proportions of random samples of 400 motorcylce owners who own Harleys?
a basketball coach wants to know how many free throws an nba player shoots during the course of an average practice.
The incarceration rate in one nation's prisons was 965 per 100,000 male residents, and 65 per 100,000 female residents.
suppose a shipment of 50 cell phones has arrived from your supplier the samsing manufacturer. as the engineer for your
data were collected on annual personal time in hour taken by a random sample of 16 women group 1 and 7 men group 2
Pierre has a utility function for total asset position of u(x)=ln(x), His assets currently consist of $50,000 in cash and a rare violin he inherited from a rich uncle which is valued at $100,000.
The amount of money requested on a home loan application at federal savings follow the normal distribution, with a mean of $270,000 and a standard deviation of $35,000. A loan applicatiom is received this morning. What is the probability:
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