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1.Bay Oil produces two types of fuels (regular and super) by mixing three ingredients. The major distinguishing feature of the two products is the octane level required. Regular fuel must have a minimum octane level of 90 while super must have a level of at least 100. The cost per barrel, octane levels, and available amounts (in barrels) for the upcoming two week period are shown in the following table. Likewise, the maximum demand for each end product and the revenue generated per barrel are shown.
Develop and solve a linear programming model to maximize contribution to profit.What is the optimal contribution toprofit?
1) What is the purpose of calculating a test statistic? How does this value describe how the sample data either supports or contradicts a claim?
suppose a committee of 3 people is to be selected at random from a group consisting of 6 men adn 4 women. what is the
An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of two emails per hour. Suppose the arrival of these emails is approximated by the Poisson distribution.
Do creative people make better salespeople? Ten sales staff in a large company were given a creativity test (scores range from 0 to 20
a basketball player has made 44.1 of the 3 pointers he has attempted. suppose he attempts 20 3-point goals for the
a genetic experiment involving peas yielded one sample of offspring consisting of 426 green peas and 145 yellow peas.
you are standing on a line and you are going to flip a coin 4 times. if a flip comes up heads you move one foot to the
a multiple choice test consists of 60 questions. each question has 4 possible answers of which one is correct. if all
state the hypotheses and identify the claim. compute the test value At a = 0.05, decide if there is enough evidence to reject the claim of no difference in the ages fo the two groups. Compute and use the standard deviations from the samples.
Calculate the test statistic. Determine the p-value of the test-statistic.
Determine the probability that sample mean will be greater than M=510. In symbols, what is p(M>510)? Determine the probability that sample mean will be greater than M=520.
An economist wishes to estimate the average family income in a certain population. The population standard deviation is known to be $4,500, and the economist uses a random sample of size = 225.
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