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The mean annual salary paid to all employees in a company was EURO 30.000,-. The mean annual salaries paid to male and female employees of the company were EURO 32.000,- and 24.000,- respectively. Determine the percentage of males and females employed by the company.
When such digits are randomly generated, what is the distribution of those digits? Given such randomly generated digits, what is a test for "goodness-of-fit"?
Frequently, tests tha yeild abnormal results are repeated for confirmation. What is the probability that for a normal person a test will be at least 1.5 times as high as the upper limit of normal on two seperate occasions.
At the .01 significance level, can we conclude that the 30-yeer mortgage rate for small banks is less than 6 percent? Estimate the p -value.
Write the hypothesis statement. What distribution are you using?
Find a 95% confidence interval for the population mean concentration of uric acid in this patient's blood. What is the margin of error?
Confirm that these statements are accurate by finding the geometric mean rate of increase.
What was the probability that a student worked a part time job or made the Dean's list. Interpret the results.
Discuss the factors which might cause variation in the weight of Tootsie Rolls during manufacture.
In the graphical method, how do you know when a problem is infeasible, unbounded, or when it has multiple optimal solutions? Give a real-world example of when you could have an infeasible problem.
What would be a good example of a null and alternative hypotheses for a decision relevant in life? What Type I and Type II errors could occur with your decision-making process?
Consider the following two economic characteristics with two possible outcomes each: employment (increase, decrease) and economic trend (positive, negative).
Consumer Reports published an article on some sport-utility vehicles they had tested recently. They reported some basic information about each of the vehicles and the results of some tests conducted by their staff.
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