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1. Draw a project network that includes all the activities.2. Calculate the start and finish times for each activity and determine the minimum number of weeks for completing the project. Find the critical set of activities for the project.3. Identify slack in the the activities not on the project critical path.4. Your boss would like you to suggest changes that could be made to the project that would significantly shorten it. What would you suggest?
A sample of 20 pages was taken without replacement from the 1,591-page phone directory Ameritech Pages Plus Yellow Pages.
Since over 10,000 students in his state took the Math SAT, he can show that the P-value for testing whether the mean score in his state is more than the national average of 480 is less than 0.0001. What we can conclude from this?
A craftsperson makes stuffed animals for sale. 85% of the animals she makes are bears while the remaining 15% are rabbits. Suppose she sells 75% of her bears at craft shows but only 50% of her rabbits are sold at craft shows.
The study does provide sufficient evidence to support the claim that less than 75% of college student spend less than $250 per semester on textbooks.
Find the sample space for the number of outcomes (you don't need to list the possible outcomes, just how many possible outcomes there are).
The mean of a sample is 22.5. The mean of 1000 bootstrapped samples is 22.491. The bias of the bootstrap mean is
A government survey conducted to estimate the mean price of houses in a metropolitan area is designed to have a margin of error of $10,000.
Explain why an observed value of 250 hours is not unusual for an individual light bulb, even though it is outside the confidence interval you calculated.
Assume that the measurements came from a normal distribution. The variability of the manufacturing process is unknown means the same as the standard deviation is unknown.
What is the value of the test statistic and decision? Show step by step on how you obtained your final answer.
If one investment can give you $1200 with a probability of .20 and you could lose $800 with a probability of .80, and another investment can give you $600 with a probability of .70 and a loss of $300 with a probability of .30, which investment is ..
You're a risk manager of ABC company and you are reevaulating your insurance contract. Your insurer has informed you that the expected value of frequency per month for ABC is 2.43.
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