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Find probability using normal distribution. Using N (1152, 84), the Normal model for weight of Angus steers, what percent of steers weigh
a) Over 1250 pounds?
b) Under 1200 pounds?
c) Between 1000 and 1100 pounds?
The Price-to-Earnings ratio (P/E) of a publicly listed profit-making company is defined as the ratio of the stock price of the company to the earnings per share.
If a complete failure occurs, calculate the probability that the fault occurred in:
Determine point estimate of population mean? By using 90% confidence, determine the margin of error?
what percent of the total number of seeds germinated?
Make a forecast for 2004, using either the fitted trend model or a judgment forecast. Why is it best to ignore earlier years in this data set?
The following frequency distribution was obtained. The data values are in hours. Construct a histogram for the data .
Mean and standard deviation are 584.6 and 34.28
Draw a tree diagram representing this experiment. Use this tree diagram to find the probabilities below.
The ideal number of children. "What do you think is the ideal number of children for a family to have?" A Gallup Poll asked this question of 1016 arbitrarily chosen adults. Almost half (49%) thought two children was idea suppose that p = 0.49 is e..
The lengths of pins produced by a machine follow a normal distribution with mean 2.54 cm and standard derivation 0.04 cm.
Compute the probability of exactly 0,1,2,3,4, and 5 arrivals per day.
Explain the terms parameter and statistics. Make sure the concepts of population and sample are included in the definitions.
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