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An automatic filling machine is used to fill 1-liter bottles of cola. The machine's output is normal with a mean of 1 liter and a standard deviation of 0.02 liter. Output is monitored using means of samples of 25 observations.
Compute 3-sigma control limits and given the following sample means: 1.007, 1.002, 0.994, 1.010, 0.997,0.998,determine if the process is stable or not.
For events A and B, Pr(A intersection B) = p, Pr(A' intersection B) = P - 1/8 and Pr(A intersection B') = 3p/5. If A and B are independent, then the value of p is ___.
Formulate the null and alternative hypotheses for a hypothesis test. Identify the population and describe how to select a random sample for a hypothesis test. State in clear terms the conclusion that should be given if the null hypothesis is rejec..
Develop an appropriate forecast model for the given problem whereas the student population has remained constant during this period.
Analyze your organization in terms of structure, power, culture, change management, teamwork, collaboration, and motivation. Reflect on what your organization does well and where it may be lacking.
find the 98 confidence interval for the difference between two means based on this information about two samples.
Based on previous experience, Gamma's management is able to estimate the probability that it will win the bid at each level being considered. The bids and probabilities are summarized below:
A 1-minute television ad costs $30,000 and 1- minute radio add costs $5,000. French Enterprise should decide how many television ads to buy. Write down the decision variables?
Your task is to identify a business problem which can be solved by one of the following techniques: Decision theory, regression, forecasting, inventory and linear programming.
name two ways to increase the statistical power of an experiment. explain how each increases the probability of
What is the null hypothesis? Use α =0.05. Compute critical value. Use α =0.05.
Assume AFDC gives a weekly payment of nonlabor income while effectively reducing a participants wage by half. How would income effects change a workers consumption/leisure decision? How would substitution effects change a workers consumption/lei..
Derive the formula for the entropy of an ideal monoatomic gas using the microcanonical ensemble. This formula is known as the Sackur-Tetrode equation.
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