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The amount of time that a custome spends waiting at an airport check-in counter is a random variable with mean 8.3 minutes and a standard deviation 1.5 minutes. Suppose that a random of n=49 customers is observed. Find the probability that the average time waiting in line for these customers in
a. Less than 10 minutes
b. Between 5 and 10 minutes.
What is your conclusion? Are the two variables independent?
Critically discuss the concept of the normal distribution, why it is important, and what you think it means. When students talk about "grading on the curve," how does that apply to the normal distribution?
Calculate the MEAN and STANDARD DEVIATION for the distribution below:
If they have a GPA that falls in the range between 2.50 and 3.50, what is their z score and percentage of the area do they fall in?
Find the probability that a random selection of 9 songs will have mean length of 186.30 seconds or less. Assume distribution of the lengths of the songs is normal.
When constructing your decision tree, you can reuse the EMV for the outcome after the decision to not hire the consulting team.
The underlying data are in file XR10033. Identify and interpret the p-value for the test. Using the 0.025 level of significance, what conclusion will be reached?
Find the margin of error for the 95% confidence interval used to estimate the population proportion.
Find the indicated percentage for the normally distributed variable. Round your answer to two decimal places, if necessary.
Please define correlation and regression. Describe a management or business-related scenario where a researcher might be interested in whether a number of variables are correlated (without any assumptions about causation).
a at a local car dealership the probability of a salesman making a car sale to a customer is 0.4. the probability
A bridge hand consists of 13 cards dealt at random from an ordinary deck of 52 playing cards. How many possible bridge hands are there?
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