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Coal is carried from a mine in West Virginia to a power plant in New York in hopper cars on a long train. The automatic hopper car loader is set to put82 tons of coal into each car. The actual weights of coal loaded into each car are normally distributed, with mean µ = 82tons and standard deviation s = 1.2ton.
If 8 ounces of honey is used as an estimate of the actual mean number of ounces per cake, what can we assert about the maximum error
Why crime statistics should be collected, how they are used, and how analysis of those statistics could benefit the community.
The arithmetic average for the past four years is 6 percent. What is the standard deviation of the stock's returns for the four-year period?
A college student is taking 5 courses in a semester. He is willing to assume that he will get an A with probability 0.10, a B with probability 0.80, and a C with probability 0.1 in each of the courses. He defines X1, X2, and X3 to be the number of..
You are trying to analyze how much a customer is expected to spend at a local grocery store. Based on historical data, there are 50%, 30%.
question a manufacturer of chocolate candies uses machines to package candies as they move along a filling
in basketball a players free throws percentage ft is expressed as a number between 0 and 1 which represents the
in the basic economic order quantity eoq model at q the estimated total annual holding costa. is less than the
The following are average weekly inventory costs in thousands of dollars for two proposed inventory control policies. The values were obtained from independent replications of a simulation model of the system.
A time series trend equation for Hammer Hardware is Y' = 5.6 + 1.2t, where sales are in millions of dollars and t increases by one unit for each year. If the value of sales in the base year of 2016 is $5.6 million, what would be the estimated sale..
In a poll of 500 randomly selected voters, 260 of them support the strategist's candidate. At = .05, is the political strategist's claim warranted?
What is the probability of a customer being sold an underweight bag of sugar and find the Z score corresponding to the bottom 4% of the N(0,1) distribution.
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