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A gas station sold a total of 8019 gallons of gas on nine randomly picked days. The amount sold on a day is normally distributed with a population standard deviation of 90 gallons.
Suppose we are testing if the true mean amount of gas sold on a day is less than 900 gallons, at a 5% level of significance, the value of z* would be?
A random sample of 100 peaches is gathered and the mean diameter is calculated. What is the probability that the sample mean is greater than 3.79 inches.
A realtor took a random sample of records of sales of homes from the files maintained by the Albuquerque Board of Realtors.
Consider a hypothesis test of H0: μ = 0 against H1: μ > 0 where μ is the mean percent change in total body bone mineral content of young women. The population standard deviation is σ = 2. The level of significance for the test is α = 0.05.
Describe the difference in the fit provided by the two estimated regression equations.
If an applicant is randomly selected, find the probability of a rating that is between 200 and 275.
Construct a 98% prediction interval for the selling price of a 4l- year old house having 4500 square feet, 13 rooms, and an attached garage.
Joe has started an iphone booth in the mall. His francise booth and other startup costs total $82,000. Joe expects to pay $240 per iphone unit and sell them for $390 each. Joe needs to reach a 10% profit margin.
How do you solve this problem: a researcher conducted a study of the access speed of 50 hard drives and concluded that his maximum error of estimate was 24.
Choose the Hypothesis. Specify the Decision Rule. Calculate the Test Statistic. Make the Decision. Give an interpretation of the Decision
Find the indicated probability using the geometric or Poisson distribution. A newspaper finds that the mean number of typographical errors per page is nine. Find the probability that?
Describe the similarities between an F-ratio and a t statistic. The basic relationship between t statistic and F-ratios can be stated in an equation. What is that equation?
Find the test statistic . Find the standardize test statistic. decide whether the standardize test statist is in the rejection region and decide whether you should reject or fail to reject the null. Sample are random and independent. Claim u1 =u2,..
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