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The boss ask you to use probability skills to build a model to help determine the number of staff members assigned to the drive up window at the bank. You know that the most drive up customers in one day is 80 and the smallest amount served is 10. Based on this information which probability model would be a good candidate for the number of drive up customers per day? What is the mean and variance of this model?
let x be the amount of time in minutes that a particular san francisco commuter must wait for a bart train. suppose
a major brokerage company has an office in miami florida. the manager of the office is evaluated based on the number of
Calculate the interval μ ± 2σ. What is the probability that X will fall into this interval? d. If you were to select a very large number of values of X from the population, wouldmost fall into the interval μ ± 2σ? Explain
The manager wants to know the probability that any particular cookie will have fewer than 5. What type of probability distribution will most likely be used to analyze the number of chocolate chips per cookie?
Calculate the least squares estimate of and What's the first row, second column entry of ? (Round to the nearest fourth decimal)
the cranston hardware company is interested in estimating the difference in the mean purchase for men customers versus
A certain state lottery awards 418 prizes; 28-$200 prizes, 120-$25 prizes and 270-$20 prizes, for every 10,000 tickets sold.
Comment on the graphical comparison of the estimates obtained with the two automatically selected spans in Problem 13 to the estimate obtained in Problems 5 and 6 using Friedman's method with cross-validation span and an appropriate value for the ..
short answer writing assignmentall answers should be complete sentences.q1.when rolling a die is this an example of a
Blades, Inc., has recently decided to establish a subsidiary in Thailand to produce Speedos, Blades' primary roller blade product. In establishing the subsidiary in Thailand, Blades was motivated by the high growth potential of the Thai roller bla..
alice and bob plan to arrive independently at a certain restaurant between 1200 and 100. suppose that the arrival times
estimating the sample standard deviation using normal score.for a sample with a mean of m 85 a score of x 90
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