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Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise safety.
(a) How large a sample would be needed to estimate the true proportion of jets with the wiring problem, with 98 percent confidence and an error of ± 6 percent? (Enter your answer as a whole number (no decimals). Use a z-value taken to three decimal places in your calculations.)
Sample is found to have a mean of 80.6,a standard deviation of 1.4 test the claim that the true mean of this process is different than 80. use 10% level of significance.
Alternative C would have fixed costs of $100,000 and variable costs of $15 per unit. Revenue is expected to be $50 per unit. Which alternative has the lowest break-even quantity?
Test the hypothesis that the median weight of NFL players is 250 pounds against the alter- native that it is greater at α = 0.05, using (a) the large sample sign test and (b) the Wilcoxon signed rank test.
You will want to use software to find the regression equation, either a TI calculator or Statdisk or other software you have found useful. The sales of a company (in million dollars) for each year are shown in the table below.
Suppose normality, determine a 90% confidence interval for population variance.
Which regression models explain less than 50% of the observed variation between the actual values of the dependent variable and the mean value of the dependent variable values for the sample data set?
A random process has sample functions of the form X(t)=A, where A is a Rayleigh distributed random variable with mean of 4. Is this process wide sense stationary? If so, why?
Random samples of 30 days each were selected and showed that in the winter months, the sample mean daily attendance was 300 with a standard deviation of 52, and the sample mean daily attendance for the summer months was 280 with a standard deviati..
Develop a model that determines your round-trip gasoline cost. What assumption or approximations are necessary to treat this model as deterministic model?
determine the area under the standard normal curve in parts a through c below. find the area under the normal curve to
The entire batch will be rejected if at least one of those tested is defective. What is the probability that the entire batch will be rejected? Assume independence.
What is the probability of not getting any hits in a game and what is the probability of getting three hits in a game
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