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Francis Construction Co. has an outstanding bank loan of $600,000 at an annual interest rate of 8%. The company is required to maintain a 20% compensating balance in its chequing account. What is the annual interest cost on the loan?
jacks game preserve is stocked with 30 moose 25 elk and 45 deer. five years later a sample of animals yields 90 moose
The following histogram shows the scores on the first exam for a statistics class. How many students took the exam? What is the class interval? What is the class midpoint for the first class
Does this sample prove a violation of the guideline that the average patient should pay no more than $250 out-of-pocket?
Recently, research efforts have focused on the problem of predicting a manufacturer's market share by using information on the quality of its product.- Estimate the simple linear regression relationship between market share and product quality rati..
the marketing manager of a large supermarket chain would like to determine the effect of shelf space on the sales of
Standard deviation of 424 and 155 respectively. at the .05 level of significance, test the claim that the new version has standard deviation equal to that of the past version.
The class mean was 105 and the standard deviation 15. On the third exam, the mean was 45 and the standard deviation 3. Ableson got 51. Which test should be dropped?
What is the probability that the number of granite specimen selected for analysis is within 1 standard deviation of its mean value
Find the standard error of the sampling distribution to be used in constructing the confidence interval. Round your answer to two decimal places.
Diastolic blood pressure are assumed to follow a normal distribution with a mean of 85 and a standard deviation of 12.
What is the upper bound off the 90% confidence interval for the mean lifetime of the components?
Is there any evidence to suggest that the mean amount bet on Major League baseball games has increased? Assume the distribution is normal and use a = 0.05.
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