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The diameter of 3.5 inch diskettes is normally distributed. Periodically, quality control inspectors at Dallas Diskettes randomly select a sample of 16 diskettes. If the mean diameter of the diskettes is too large or too small the diskette punch is shut down for adjustment; otherwise, the punching process continues. The last sample showed a mean and standard deviation of 3.55 and 0.08 inches, respectively. Using α = 0.05, the appropriate decision is?
A box contains six parts. Two of the parts are defective and four are ok. If three of the six parts are selected from the bin, how large is the sample space?
A mortgage department of a large bank is studying its recent loans. Of particualr interest is how such factors as the value of the home (in thousands of dollars), education level of the head of the household, age of the head of the household, curr..
Is there evidence that teams with higher total payrolls tend to be more successful? Justify your answer.
This question is asking for speculation about the possible results of a study if we change the size of the population. It all depends on unknowns such as how representative the 100 adults are of the population.
The New York Times reported (L.J> Flynn, Tax Surfing, The New York Times, March 25, 2002, p. C10) that the mean time to download the home page for the internal Revenue Service (IRS) , was 0.8 second. Suppose that the download time was normally di..
21 percent of the employees in a company have managerial positions, and 31 percent of the employees in the company have MBA degrees. Also, 66 percent of the managers have MBA degrees. Using the probability formulas, find the proportion of employee..
What are the expected value and variance of the following probability distribution?
A manufacturer of executive jet aircraft is concerned with its profit picture over the short run. It produces two different models of planes, x1 and x2. Its profits are $30,000 for each x1 and $20,000 for each x2. There are two major constraints o..
A presidential candidate's aide estimates that, among all college students, the proportion p who intend to vote in the upcoming election is at least 60%.
Calculate a 95% confidence interval on the average weight of packaged mustard seed. Explain very carefully to the packaging workers what the 95% confidence interval numbers mean. Include your Excel output. Is there anything you would want to note ..
Percentage points in either direction from what would have been obtained by interviewing all voters in the United States." Find the sample size suggested by this statement.
The mean SAT verbal score is 412, with a standard deviation of 90. Use the Empirical Rule to determine what percent of the scores lie between 412 and 592.
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