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A trans-oceanic airline conducted a study to determine whether the average weight of baggage checked by a passenger differs significantly from 45 pounds. A random sample of 25 passenger baggages recorded a mean weight of 43.5 pounds with a standard deviation 6 pounds. Can the airline conclude that the mean weight of checked baggage is significantly different from 45 pounds at a 95% level of confidence?
It is a striking fact that the first digits of numbers in legitimate records often follow a distribution known as Benford's Law, shown below.
Using the .02 level of significance, conduct a five-step hypothesis testing procedure to determine if the new processes significantly reduced the wait time.
The long distance calls made by the employees of a company are normally distributed with a mean of 6.3 minutes and a standard deviation of 2.2 minutes. find the probability that a call
Compute an exponential smoothing forecast with a =.20, an adjusted exponential smoothing forecast with a = .20 and B =.20 and a linear forecast. Compare the three forecast, using MAD and average error (E) and indicate which seem to be most accurat..
Find the lowest possible score a candidate can score and still qualify. Assume the scores are normally distributed.
How much variability will you have if you predict sales with this model?
a. Solve using the p value approch. b. Solve using the classical approch.
Find the t c for a 90% confidence level with a sample size of 18.
In the solution to this problem, what is n? p? q? Does it appear that both np and nq are larger than 5? Why is this an important consideration?
Identify 5 variables of interest to healthcare managers. Select and define one variable and include your rationale for selecting this variable. What is the difference between a dependent and independent variable?
You have an observed mean of 55, an observed standard deviation of 12. Which Z value is associated with each raw score below?
Compute the sample variance and the sample standard deviation for these data (to 2 decimals).
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