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The mean length of the work week for the population of American workers was reported to be 39.2 hours with a standard deviation of 4.8 hours in September, 2000. A researcher wants
Draw a tree diagram to represent all probabilities for the following. a bag contains 11 red and 8 blue marbles. Two marbles are selected at random without replacement from the bag.
The Foschini Group has just issued a batch of preference shares that will pay a constant dividend of R8, beginning 6 years from now. If the required rate of return is 8%, what does
It is a numerical average, as equal to the sum of terms in a given series divided by the number of terms in that series is the mean which is also called the expected value.
An internal report issued by the marketing manager of a oil-change franchise claims that the mean number of miles between oil changes is for franchise customers is at least 3600 mi
CORRELATION & REGRESSION: 1) What do you mean by the term correlation? 2) Point out the differences between coefficient of correlation and regression. 3) If the correl
How to solve problems of index number fixed based method
#difference between historigrams and histograms
This type of sampling is also known as chance sampling or probability where each and every item in the population has an equal change of inclusion in the sample and one of the poss
A machine that cuts corks for wine bottles operates in such a way that the distribution of the diameter of the corks produced is well approximated by a normal distribution with mea
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