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Finding the probability value using normal approximation
Use the normal distribution to approximate the desired probability. Find the probability that in 200 tosses of a fair die, we will obtain at exactly 30 faces.
a..0871
b..0429
c..0619
d..1871
How would the General Counsel's decision in Part (b) change if the cost of selling the second suit were only $200,000? What if the cost were $900000?
Drawing the standard normal curve and indicating the area representing the probability and
Compute lower and upper quartiles of log10-balances? Determine 95% range of the balances in $s? Express in English what the two boundaries mean.
Write down the advantages and disadvantages of using computer software for decision making.
Create a 95 % confidence interval for the true mean. Why might normality be the issue here?
The researchers planned to use simple linear regression to see if the age at which a baby was first able to crawl could be predicted from the average outdoor temperature six months after each baby's birthdate.
Find out the cheapest way of manufacturing today's batch of NasaMist.
Create raw score predictions on criterion variable for persons with Z scores on predictor value of -2,-1,0,+1,+2.
Gas consumption of 3 cars (labeled car A, car B, and car C) using 4 different kinds of gasoline. Is there difference among kinds of gasoline?
Compute the suitable Test Statistic to test hypothesis that the proportion of condominiums that sold within 30 days decreased from 2006 to 2007.
Explain a Type I error for this situation. Explain a Type II error for this situation.
Based on this information, if department employee selects random sample of n = 9 containers, determine probability that mean volume for sample will be greater than 1.01 gallons?
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