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Primary Task Response: Within the Discussion Board area, write 400-600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
WidgeCorp is considering branching out into cold beverages. You have been asked to come up with a regression model to forecast monthly sales of cold beverages for the next year. Think about what variables you might include in your model.
Your manager asks for your thoughts.
In general students who attend private universities come from higher socioeconomic families than those who attend public universities. A sociologist selects a random sample of students from each type of university and finds that the students from ..
If he were to conduct a second study to reduce the maximum error of estimate to 7, about how many hard drives should he include in his new sample?
A system is tested for 10,000 hours and experiences 2 failures. Its failure rate is believed to be Poisson distributed.
Calulate the critical value of ra. (f) Can you reject p = 0? 12.4 Moviegoer Spending ($) on Snacks Age (X) 30,50,34,12,37,33,36,26,18,46. Spent (Y) 2.85,6.50,1.50,6.35,6.20,6.75,3.60,6.10,8.35,4.35.'
A clinical trial is run to investigate the effectiveness of an experimental drug in reducing preterm delivery to a drug considered standard care and to placebo.
according to the internal revenue service the mean tax refund for the year 2013 was 3000. assume the standard deviation
planwell corporation is considering whether to build a large plant or a small plant for new product which has an
Without using formulas, explain the meaning of (a) expected value of a random variable; (b) actuarial fairness; and (c) variance of a random variable.
do students at various universities differ in how sociable they are? twenty-five students were randomly selected from
altitude and temperature listed below are altitudes thousands of feet and outside air temperatures degrees fahrenheit
the probability distribution of a discrete random variable x is given bypx -1 15 px 0 25 px 1 25 .a. compute
Determine the single sampling plans that will accept lots that are 6% nonconforming 12% of the time. Use acceptance numbers of 1, 2, and 4. From a producer's point of view, which of these plans would you choose?
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