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Q1) Automotive Company gets a certain kind of gaskets from supplier in lots of 100 items each. From each such lot, Quality Control department of automotive company randomly selects 20 gaskets for testing. If 2 or more of the tested gaskets fails, whole lot is rejected and is sent back to supplier.
Supplier knows that single gasket may fail with probability of 0.05. Determine the probability that randomly selected lot would get rejected?
Q2) Determine the following areas under standard Normal distribution curve:
a) Area to the left of (-1.12)
b) Area to the right of 2.1
c) Area between (-1.5) and 2.4
d) Area to the left of 2.3
e) Area to the right of 1.33
Support colour-coding on packaged food to indicate healthier options
If the payoff from outcome A is twice the payoff from outcome B, then the ratio of these utilities will be.
For thefts involving more than $1,000, there is an inverse relationship between the value of the goods stolen and the length of the prison sentence given to the thief.
A Correlation matrix (correlation, coefficients and probability level under the hypothesis rho = 0) for a company's sales force (age, years of service, and current sales) is given below. Comment.
If the sample standard deviation of the sample was $630 also the sample size was 50. Findout the 90% confidence interval of true mean.
A faculty group wants to determine whether job rating (x) is a useful linear predictor of raise (y). Consequently, the group considered the linear regression model:
Would you expect the mean absolute percentage error to be more than or less than 0.25? Describe.
Determine margin of error for confidence interval in (a)?
Plot a scatter diagram of the results with Depth of Water as the independent variable.
Conclude whether the given conditions justify using the methods of this section when testing a claim about a population mean µ.
Find probability using normal distribution.Using N (1152, 84), the Normal model for weight of Angus steers, what percent of steers weigh.
MATH1550H: Assignment: Question: what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?
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