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When bucketing data for a histogram what is the standard way of deling with data entries that are on the boundary of two buckets? To elucidate point, if hvae buckets of 0.15 size starting at 1, should the data entry 1.15 fall in the first bucket or the second?
Compute the variance and standard deviation
Determine point estimate of population mean? By using 90% confidence, determine the margin of error?
The Web-based company Henrietta Balloons has a goal of processing 96% of its orders on the same day they are received. If 95 out of the next 100 orders were processed on the same day, would this prove that they are exceeding their goal, using a 90%..
A probability distribution is a mutually exclusive listing of the outcomes of an experiment which can occur by chance and the corresponding probabilities of occurrence.
The university policy department must write, on average, five tickets per day to keep department revenues at budgeted levels. Suppose the number of tickets written per day follows a Poisson distribution with mean of 6.5 tickets per day. Interpret ..
What is the best estimate of the average tread life for the entire population of these tires?
Fawns Fawns among1 or 5 months old in Mesa Verde National Park have a body weight that is approximately normally distributed with mean
What is the probability of receiving more than three pieces of junk mail today?
Assume you want to estimate the population proportion,p, and the estimator for the mean proportion (p-hat)= 0.34, N = 6000, and n = 1300. Find an approximate 95% confidence interval for p.
Two new york designs are under consideration for possible adoption in an assembly plant. A time study is conducted with 10 workers using design 1, and 12 workers using design 2. The means and standard deviation of their assembly times in minutes a..
From the given polynomials, identify the polynomials of degree one. I know that I have to use the substitution methode and the elimination. I am not sure if I applied the correct system.
Suppose a machine is worth 33000 after 4 years and 18000 after 8. Find the rate of depreciation using the linear depreciation method
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