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A sample of 26 offshore oil workers took part in a simulated escape exercise, resulting in the accompany- ing data on time (in seconds) to complete the escape ("Oxygen Consumption and Ventilation During Escape from an Offshore Platform," Ergonomics [1997]: 281-292):
389 356 359 363 375 424 325 394 402
373 373 370 364 366 364 325 339 393
392 369 374 359 356 403 334 397
a. Construct a stem-and-leaf display of the data. Will the sample mean or the sample median be larger for this data set?
b. Calculate the values of the sample mean and median.
c. By how much could the largest time be increased without affecting the value of the sample median? By how much could this value be decreased without affecting the sample median?
1. roshima is researching universities where she could study for her mba degree. she is considering 3 major attributes
What is the maximum amount you would be willing to pay for an insurance policy that will pay you for 100% of your damage in the event of a flood?
A monopoly is considering selling several units of a homogeneous product as a single package. A typical customer’s demand for the product is Qd = 120 - 0.5P, and the marginal cost of production is $150. Decide the optimal number of units to put in a ..
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consider the cobb douglass utility function ux y x16y56 of a typical student. x denotes time spent studying and y
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Presume a bank is faced with two kinds of borrowers- a high risk borrower that must be charged an interest rate of 9% and a low risk borrower that must be charged an interest of 4%. There is a 30% chance of getting a high risk borrower and a 70% chan..
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