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There are many nonparametric tests that have been developed over the years. Explain what nonparametric tests are and why they were developed. As part of your answer explain why it might be preferable to use a nonparametric test even when a parametric test could be used.
If the restaurant stocks 400 hamburgers and 150 chicken sandwiches for a given day, what is the probability that it will run out of hamburgers or chicken sandwiches (or both) that day? Assume that the demand for hamburgers and the demand for chick..
Joe has started an iphone booth in the mall. His francise booth and other startup costs total $82,000. Joe expects to pay $240 per iphone unit and sell them for $390 each. Joe needs to reach a 10% profit margin.
Dana and Cathy are playing tennis. The probability that Dana wins at least one out of two ames is 0.3. What is the probability that Dana wins at least one out of four?
Define the terms parameter and statistic. Be sure that the concepts of population and sample are included in your definitions.
In a survey on the quality of customer service at Car Toys, customers were asked to rate the service on a scale from 1 to 10, with 10 being that a customer was completely satisfied.
A human resources director, on learning about the regression effect, decides to hire people who have been fired by their previous employer for poor performance.
Suppose that 1% of all people have a particular disease. A test for the disease is 99% accurate. This means that a person who test positive for the disease has a 99% chance of actually having the disease
The standard deviation is 2 pounds. If 15% of the suitcases are overweight, Determine the maximum weight allowed by the airline. Assume the variable is normally distributed.
You have just started own airline. You have one plane for a route connecting Austin, Boise, and Chicago. One route is Austin-Boise-Chicago and a second route is Chicago-Boise-Austin.
What is the difference between the mean of the two groups? What is the difference in the standard deviation?
Calculate the mean and standard deviation of the following data sets, then produce a five number summary and box plot of data.
Apply Scheduling Theory in order to optimize a schedule of events and reduce lost productivity
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