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Suppose you were in charge of advertising for an automotive dealership when the gas prices increased to $4 per gallon. Most of your cars are fuel-efficient, but you have two models that have extremely poor fuel economy, that is, a low number of miles per gallon. How would you use a measure of central tendency in your advertising to present your product line in the best light? Why would you choose this measure of central tendency? What circumstances would make you choose an alternative measure? Specify the circumstances and the measure you would use.
Conditional and compound probabilities.The table below gives the distribution of blood types by gender in a group of 1000 individuals.
Ten students in a graduate program were randomly selected. Their grade point averages (GPAs) when they entered the program were between 3.5 and 4.0.
Use the normal approximation to the binomial distribution and part (b) to answer the question: What is the probability that a seat will be available for every person who shows up holding a reservation?
From her district, consisting of several hundred stores, she selects a random sample of 30 stores. For each store she gathered the following information.
What is the expected shape of the distribution of the sample mean?
Population of following N=5 scores: 0,6,4,3, and 12. Calculate μ and σ for the population. Determine the z-score for each score in the population.
Based on p=.60, probability that a randomly selected homeowners will say no to newspaper subscription.
A random sample of eight cars from each manufacturer is selected, and eight drivers are selected to drive each automobile for a specified distance.
Explain the strength of relationship between the assets?
What is the purpose for post tests? To determine how much difference exists between the treatments.
A producer of pleasure boats wants to maximize revenue during the next month. Two types of boats are sold, x1 and x2. Type x1 sells for $40,000 and type x2 sells for $30,000. The x1 boats require 10 weeks of labor and 600 board feet of lumber each..
If we add the absolute values of -3 and -5, we get 8. Using the distributive property to remove the parentheses.
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