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The Evergreen Fertilizer Company produces fertilizer. The company's fixed monthly cost is $25,000, and its variable cost per pound of fertilizer is $0.15. Evergreen sells the fertilizer for @0.40 per pound. Determine the monthly break-even volume for the company.
Using goodness-of-fit test and.01 level of significance, find out whether accidents are evenly distributed all through the day. Write a short description of your conclusion.
Based on this sample information find out what percent of variation in starting salaries is described by GPA, and find out the equation that would forecast salary from GPA. Give a scatter plot.
The chance both flights are full is 0.6. Are the two flights being full independent events and What was the mean ranking for the females in this class
To speed up the process in a blood testing procedure, blood samples from 3 people are combined into one mixture. The mixture will only test negative if all the individual samples are negative.
Discuss the fields in which Poisson distribution is applied. Why does it matter whether a population of arrivals is limited or unlimited?
For each of the following situations, indicate the appropriate measure, incidence rate or prevalence rate and the numerical value of the rate.
What is the probability the average of the sample is more than $38000 and What is the standard deviation of the sample mean
Operations manager thinks that only 10% of room service orders must take longer than 25 minutes if hotel has good customer service. Does hotel room service fulfil this goal?
Eighty-eight shoppers were interviewed at random, and 59 said that they prefer to shop alone.
Given 7 male individuals in a Physical Education course, the number of sit ups each individual can do in a one minute period was recorded:
Upon reviewing the accounting records from the restaurant, you discover that it grosses roughly $3000 per day on 6 out of 10 days. Determine the estimated probability that the restaurant will gross over $3000:
Critically discuss why the dowload is a continous numerical varaible and critically discuss why the download time is a ratio scaled variable.
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