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Complete the Using Probability Distribution in Research simulation located on your student website. During the third cycle of the simulation, you need to make a decision about buying machinery. The stakeholders in the simulation have different opinions as to the proper course of action the organization should take.
Write a 350-word memo to the stakeholders in the simulation.
Explain the decisions you made in the third cycle of the simulation.
Steps in hypothesis test procedure - conducting a hypothesis test for some general statistic, ? say.
Assume that a hand of 12 cards is dealt from a normal deck of 52 playing cards. What is the probability that of the 12 cards, 3 will be diamonds, 3 will be clubs, 3 will be spades, and 3 will be hearts.
Assume that standard deviation is $3,204 and that 36 four-year institutions are arbitarily selected. Determine the probability that sample mean cost for these 36 schools is less than $25,000.
Office Visits what is the age distribution of patients who make office visits to a doctor or nurse?
A manuscript is sent to a typing firm consisting of typists A, B, and C. If it is typed by A, then the number of errors made is a Poisson random variable with mean 2.6; if typed by B, then the number of errors is a Poisson random variable
30% of college freshmen support increased military spending. If 12 college freshmen are randomly selected, find the probability that more than 5 selected students support increased military spending.
Assume that results of survey were used to create seperate 99% confidence intervals for boys and girls. would the margins of error be same as, larger , or smaller than that for question one?
Michelle is a counselor at the local crisis center. She wishes to determine if there is a relationship between the gender of an individual and the amount of alcohol consumed.
A snack food manufacturer selected a sample of 15 bags of pretzels off the assembly line and weighed their contents. If the sample mean is 10.0 and the sample standard deviation is 0.15
According to the National Association of Homebuilders, the average life expectancies of a dishwasher and a garbage disposal are about the same: 10 years.
A car rental office checks out an average of 30 cars per day with a standard deviation of 8 cars. If a sample of 25 days of operation is selected and the sample mean is computed.
A 90% confidence interval estimate for a population mean was computed to be (38.2, 59.4). Determine the mean of the sample, which was used to determine the interval estimate.
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