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1) Length of time to complete door assembly on the automobile factory assembly line is normally distributed with mean 6.7 minutes and standard deviation 2.2 minutes. For door selected at random, determine the probability assembly line time will be between 5 and 10 minutes?
2)Manufacturer of new compact car claims he miles per gallon (mpg) for gasoline consumption is mound shaped and symmetric with mean of 25.9 mpg and standard deviation of 9.5 mpg. If 30 such cars are tested, determinethe probability the average mpg achieved by these 30 cars will be greater than 28?
Annual returns, in percentages, on stocks A and B for 3 possible states of economy are given in the table below.
Economy State
Probability
StockA
StockB
Good
0.5
40
20
Average
0.3
Bad
0.2
10
8
3) If one invested in Stock A, what would be expected annual percentage return
4) If one invested in Stock A, Determine standard deviation of percentage return?
Find out the probbility that exactly five arrive within two days?
We code middle-aged Americans as 1 and senior citizens as 0, the logistic regression model for senior citizens
High levels of glucose in the blood are indications of diabetes, which is becoming more prevalent in the United States. Diabetes can lead to many complications such as blindness and heart disease. A random sample of 180 individuals had their blood su..
Carry out suitable multiple comparison procedure to determine the source of the difference.
It was reported that 20 readers responded and 87% said "no" while 13% said "yes." Recognize 4 major flaws in this survey.
Make a scatter plot, illustrate the regression lines. Determine the correlation coefficient between husband’s and wife’s education for couples in which wife is employed full time?
Use normal approximation to determine probability that x = 2. Illustrate all work.
For the past 20 years, the high temperature on April 15th has averaged (j = 62 degrees with a standard deviation of a = 8. Last year, the high temperature was 66 degrees.
All but one of the following statements contain a blunder. Which one does not contain a blunder
At.05 significance level, can we conclude that larger proportion of the agents think the economy is expanding this month?
Compute the 95% confidence interval around the mean of each of the three groups and plot the confidence interval in the space provided above.
For the data shown below, prepare a x-bar chart. Note that the sample size is three. Record the values for the UCL, center line, and LCL. In addition, note any points that are out of control.
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