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The Investment Research Institute reported in its Mutual Fund Fact Book that the number of mutual funds increased from 5725 in 1999 to 7977 in 2009. What is the geometric mean annual percent increase in the number of funds?
The population standard deviation for both groups is 6. At α = 0.01, is there a difference in the cholesterol levels between the two groups? Find the 99% confidence interval for the difference of the two means.
Suppose that 55 percent of the people in a population of 500,000 support your candidate. If you conduct a poll of 1,000 people, what is the interval that has a 95 percent chance of containing the results of your poll?
Given that Americans of Mexican ancestry constitute 79.1 % of the populations of those eligible for jury duty and given that Partida was convicted by a jury of 12 people with only 58% (7 jurors) of them that were Americans of Mexican ancestry, can..
510 people were asked which of four fast food restaurant were their favorite. Determine if there is a preference for any one place over any other.
At the .05 significance level, can we conclude that the mean waiting time is less than 3 minutes?
What is probability of selecting 2 families neither had taxes prepared by H&R Block?
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?
In a non instanteneous receipt model, daily demand is 55 units and daily production is 120 units, Co=$70 and Cc=$4 per unit per year. What is the maximum inventory level?
State the main points of the Central Limit Theorem for a mean. Why is population shape of concern when estimating a mean? What does sample size have to do with it?"
Which of the following models are appropriate to forecast a time series whose amplitude increases over time?
In brief describe three situations in which the 'First In First Out' discipline rule is not applicable in queuing analysis. Provide examples of four situations in which there are limited, or finite population.
A firm keeps account for 28 customers. 12 of these are defined as new customers and 14 are locally based. If just 3 new customers live locally, how many established customers do not live locally?
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