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Among the 15 scientists working on a research project, 10 have Ph.D.'s. If four of these scientists are chosen at random to attend a convention.(a) What is the probability that three of them have Ph.D.'s?(b) What is the probability that all four have Ph.D.'s?
Find the for a test of the claim that the proportion with lawn mowers in Omaha is higher than 65%. Among 497 randomly selected homes.
Management at the Kansas City Corporate office for tax prepration wants to accomplish a business objective by conduting a study of the waiting time in its tax offices in different states.
For population with mean of µ=60 and a standard deviation of s=24. Determine the z score corresponding to each of following samples.
Find the critical value, t0, to test the claim that the mean1>mean 2. Two samples are randomly selected and come from populations that are normal. The sample statistics are given below. Assume that standard deviation 2/1 is not equal standard devi..
Suppose you went to the Bureau of Labor Statistics web site and found several predictors of your salary. State three possible predictors and a simulated multilinear regression equation along with their p-values. What does your p-values tell you ab..
Let x be the random variable that denotes the net amount a playr wins by playing this lottery. Write the probablity distribution of x. Determine the mean and standard deviation of x. How will you interpret the values of the mean and standard devia..
Assume that you go to the drive through window at Wendy's and place an order. Two friends of yours independently place orders at the drive through window at the same Wendy's.
Assuming that any newspaper left over has no value and that running short has no effect on any customer's tendency to return, determine the losses due to understockting and overstockting.
What is the point estimate of the students mean salary? What is the point estimate of the standard deviation of the students salaries? Construct a 95% confidence interval for the mean salary of the DM students?
Does lovastatin (a cholesterol-lowing drug) reduce the risk of heart attack? In a Texas study, researchers gave lovastatin to 2,325 people and an inactive substitute to 2,081 people (average age 58). After 5 years, 57 of the lovastatin group had s..
A manufacturer of batteries is considering three new battery designs. An attempt was made to determine whether the mean lifetime in hours is the same for each of the three designs.
A supervisor has noticed that sales for all departments world wide has been averaging $12,000 a month for a number of years. For the last 18 review periods the average sales figure has dropped to $11,500 with a standard deviation of $4,000. Manage..
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