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What do you think is more difficult to plan: Capacity in a service company or Capacity in a manufacturing company? Why? 3-4 sentences.
For the following stock price one-year percentage changes, plot the data and identify any outliers. Find the mean and median.
suppose we wanted to know if people get more nervous before flying in an airplane or taking a ship to their
How many cars, instructors, and students to have. Costs are estimated - Write an expression for total cost.
A random sample of 17 wolf litters in Ontario, Canada gave an average of x1= 4.9 wolf pups per litter, with estimated sample standard deviation s1 - 1.0.
What is the difference between a null hypothesis and an alternate hypothesis? Explain what is meant by the critical value of a statistical value.
Having had success using customer data to build predictive models to guide direct mail campaigns for special plumbing offers, he considers that data mining could help him to identify a subset of customers who should be good prospects for his new s..
information regarding the price of a roll of camera film 35 mm 24 exposure for anbspsamplenbspof 12 cities worldwide is
Let us suppose you have taken 100 samples of size 49 each from normally distributed population. Compute standard deviation of sample means if population's variance is 16. Area to left of ‘z' is 0.9976.
intelligence tests are designed to provide a normal distribution of iq scored whith a mean of 100 and a standard
Construct a 99% confidence interval for the population proportion of employed individuals who work at home at least once per week.
Rrepresented as a table or a graph, both shown below. The random variable xi represents the number of complaints, and p(xi) is the probability of receiving xi complaints.
(a) the transition probabilities of this Markov chain; (b) E[Xn|X0 = i]; (c) the stationary probabilities of this Markov chain.
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