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You are planning to start a new business next year, so you are finalizing your business plan now. You know there is a high failure rate for new small businesses, so you want to increase your chances of success by selling products that consumers absolutely need regardless of whether the economy is in a recession or not. You want to sell products that you know consumers will buy before they buy any other products because your products satisfy their most basic needs.
Based on this information, you should focus your new business on selling products that satisfy consumers':
In a normal population with sigma=20, a random sample of size n gave X(mean)=56.53. At the 5% significance level, make a two-tailed test of the null hypothesis mu=50, when (a) n=24 (b) n=36
The article "Nonbloated Burned Clay Aggregate Concrete" (J. of Materials, 1972: 555-563) reports the following data on 7-day flexural strength of nonbloated burned clay aggregate concrete samples (psi):
A plane with a capacity of 13 weight units is to be used to transport the products. How should the plane be loaded to maximize the value of goods shipped?
Only 4% of people have Type AB blood. A bloodmobile has 12 vials of blood on a rack. If the distribution of blood types at this location is consistent with the general population, what's the probability they find AB blood in:
If a single test is run and indicates that oil is present, what is the revised probability that oil is actually present?
For many years TV executives used the guideline that 30 percent of the audience were watching each of the prime-time networks and 10 percent were watching cable stations on a weekday night.
Find the calcium level that is the borderline between low calcium levels and those not considered low. Carry your intermediate computations to at least four decimal places. Round your answer to at least one decimal place.
A figure showing each score and the number of times each score occurred is a: (a) histogram
Do a search using an Internet search engine and discuss some of the many computer algorithms and programs that exist to solve linear programming problems.
The time spent by a factory worker A packing a box is a random variable with mean 3.5 minutes and standard deviation 1 minute. The times spent packing any two boxes are independent.
given a sample size of 22 with sample mean 726.2 and sample standard deviation 85.3 we perform the following hypothesis
a committee of eight members is to be formed from a group of eight men and eight women. assume people from the group
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