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A food manufacturer uses an extruder that yields revenue for the firm at a rate of $200 per hour when in operation. However, the extruder breaks down an average of two times everyday it operates. Let Y denote the number of breakdowns per day and let R=1600-50Y2 represent the daily revenue generated by the machine.
a. What kind of distribution does Y have (give name and parameter value(s))?
b. Find the expected daily revenue for the extruder.
a semiautomatic popcorn popper is shown. after the unpopped corn is placed in screen s the fan f blows air past the
Develop a linear regression model to predict MPG using horsepower as the only independent variable. Develop another model with weight as the independent variable. Which of these two models is better?
redundant array of inexpensive discs raid is a technology that uses multiple hard drives to increase the speed of data
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Random sample of 64 services is selected. Assume the population consists of 400 services. Find out the standard error of mean.
A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 175 and a standard deviation of 15. If an applicant is randomly selected, find the probability of a rating that is between 150 and 200.
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If probability of demand for 50 units is .40, probability of demand of 100 units is .50, and probability of demand for 150 units is .10, what lot size would you recommend if the goal is to maximize expected profit?
Determine the probability that none of the calculators will be defective?
the average serum cholesterol level in a certain group of patients is 240 milligrams. a new medication is designed to
Set up hypotheses to test if distribution of birthdays can be considered coming from uniform distribution.
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