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Assume we have set of blood pressure with a mean of 80 Diastolic, and a sample standard deviation of 10 points. If we assume a normal distribution of Diastolic blood pressures, between what two values can we be assured 99.7% of all Diastolic blood pressures will lie?
Calculate a standard error for the sample mean production rate for the new method and what is the standard error of the $1600 estimate?
Determine mean and standard deviation for number of erroneous returns per batch.
When calculating correlation coefficient, what does a value of -2 indicate? Strong negative correlation, Weak negative correlation.
Based on the information in (a), find a one-sided lower 90% confidence limit for m. Also, find a one-sided upper 90% confidence limit for m.
Calculate expected value for each decision and choose the best one. Find out how much firm would be eager to pay to a market research firm to gain better information about future market conditions.
Make a decision regarding the null hypothesis based on the sample information. Interpret the results of the test and state your conclusion.
Insurance policy from company A costs $300 a year but guarantees to replace any losses due to theft. Create the decision tree.
What is the optimal strategy for producing 500 tons of newsprint pulp, 600 tons of packaging pulp, and 300 tons of print stock quality pulp at minimum cost?
Analyze the data using linear contrasts to make the following comparisons:
Find the range and the standard deviation of the times.
Determine the z values for 29 and 34 hours. What percent of the garages take between 32 hours and 34 hours to erect?
MATH1550H: Assignment: Questions: Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.
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