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Megley cheese company is a small manufactuer of several different cheese products. One of the products is a chees spread that sold to retail outlets. Jason Megley must decide how many cases of cheese spread to manufacture each month. The probability that the demand will be six cases is 0.1, for 7 cases is 0.3, for 8 cases is 0.5, and for 9 cases is 0.1. The cost of every case is $45, and the price that Jason gets for each case is $95. Unfortunately, any cases not sold by the end of the month are of no value, due to spoilage. How many cases of cheese should Jason manufacture each month?
Given that the mean of all 102 atomic numbers is 51.794, and the population standard deviation is 29.804, what is the probability that the mean of the 40 atomic numbers selected by the student will be at least 57.3?
Formulate and solve a 0-1 integer linear program model that can be used to find the minimum number of locations necessary to provide coverage to all areas. Clearly indicate your linear program model.
What then is the probability that a shaft will be acceptable? Suppose that the diameter of the shaft is a random variable that is Normally distributed.
Calculated test statistic at the 5% level of significance and An airline claims that 65% of its flights depart on time.
Each year approximately 160 colleges compete in national concrete canoe competion. Each team should design a seaworthy canoe from a substance not known for its capacity to float. T
Define the standard error of the mean. What happens to the standard error as the sample size increases? Explain
We want to test the hypothesis that the population variances are equal.
In Texas, 1991, the weights of babies, the mean birth weight for all babies is 3369 grams, with a standard deviation of 581 grams, (454 grams = 1 pound). Looking at a baby that weighed 16.1 lbs at birth: What would his Z-score be when compared to ..
how many individuals will I need to sample if I want a 95% margin of error to be no more than 3%, I want to know if the results are significant at = 10%. With the information given.
Below are scores for 10 randomly selected students on each exam. 95% confidence interval for the mean scores on?
Critically discuss the general characteristics of a research study for which an independent-measures t would be the appropriate test statistics
Can the researcher conclude that humidity has a significant effect on eating behavior? Use a two-tail test with α = .05.
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