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Teachers' salaries A researcher is interested in estimating the average salary of teachers in a large urban school district. She wants to be 95% confident that her estimate is correct. If the standard deviation is $1050, how large a sample is needed to be accurate within $200?
Suppose probability that person has desease is 0.06 for all people, independently of each other, and calculate expected number of tests essential for each group.
Estimated proportion is within 2.5 percentage points of the true proportion. A previous poll suggests that the proportion is 85%. How large must your sample be?
The measurements (in millimeters) for the period from 8:00 a.m. to 10:30 a.m. follow. Use Microsoft Excel to design a mean chart and a range chart. Is the process in control or out of control?
Selecting a sample of 50 one bedroom apartments in this town and getting a sample mean of less then $530 if the population standard deviation is $100?
You have been retained as a consultant to SarParKingsGraUsch. Your job is to determine if this particular overbooking strategy is sound. Use simulation methods to perform your analysis.
Find the probability that among the next 5 thefts cases reported in this district. Exactly 2 resulted from the need for money to buy drugs.
An EMT Service keeps records of emergency calls. A study of 150 five-minute time intervals resulted in the distribution of number of calls as follows.
The standard deviation of the ages of a sample of 21 executives from the northern states was 8.4 years; while the standard deviation of the ages of a sample of 30 executives from southern states was 12.8 years.
Describe a business situation where you would want to use a t-test. Why would you choose that test? What would you expect to show by doing this?
In the last quarter of 2007 a group of 64 mutual funds had a mean return of 0.9% with a standard deviation of 5.2%. Consider the normal model N(0.009.052) for the returns of these mutual funds.
Determine z score corresponding to minimum height requirement and determine z score corresponding to maximum height requirement.
Find the standard normal area for each of the following: (Round the answers to 4 decimal places.)
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