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Christopher Electronics bought new machinery for $5,030,000 million. This is expected to result in additional cash flows of $1,220,000 million over the next 7 years. What is the payback period for this project? Their acceptance period is five years.
Is there evidence of a significant difference in the proportion who get their news primarily from newspapers between those 36 to 50 years old and those above 50 years old? (use α = 0.05)
the city council of pine bluffs is considering increasing the number of police in an effort to reduce crime. before
Compare the words per day spoken by the men with the words per day spoken by the women using the Wilcoxon rank sum test. Summarize your results and conclusion in a short paragraph.
If the customer starts with $4 and wants to maximize the chances of finishing with at least $7 after two rounds, how much should be bet on each round?
identify the limitations presented by the study population and the advantages and disadvantages of the statistical analysis used - What is the sample? How did the researchers select their sample?
Assume that the distribution of rs is approximately normal. Calculate the value of the test statistic and the p-value.
Complexity is indicated by letters A, B, and C, with complexity increasing from A to B and B to C. Construct an appropriate control chart and comment on the process.
The following data represent the concentration of organic carbon collected from organic soil. Construct a 99% confidence interval for the mean concentration.
Why is it important to study ethics in statistics? Have you seen statistics misused? Without naming specific companies or people, can you provide examples?
In this context, describe what is meant by the power of the test.- If the hypothesis is tested at the 1% level of significance instead of 5%, how will this affect the power of the test?
the average act score in minnesota in 1986 was 19.4. assuming a standard deviation of 2.0 find approximate the
What is the long run expected number of cars in the system - Find the long run probability that a caller is put on hold?
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