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Probability : Confidence Interval
After reviewing 100 drug stores across nation, you discover that a certain prescription drug has an average price of $40 for $20 pills with a standard deviation of $5. Using this information, deduce with 95% accuracy where the national average cost of 20 pills lies.
What happens if the first shot is intentionally missed? What is the better strategy shooting the deadliest one or the weakest one?
Evaluate whether the given sets of vectors form a basis or not.
Description of Probabilities, A survey of MBA students obtained the following data on "student's first reason for application to the school in which they matriculated".
Determine the number of turns made by a wheel to cover a well known distance using perimeter of circle.
What is the probability that the mean of a random sample of size n = 4 of tire lifetimes will be less than 20,000 miles?
Assume that the average annual salary for a worker in the United States is $28,500 and that the annual salaries for Americans are normally distributed with a standard deviation equal to $6,250. Find the following
Fitting of simple linear regression
Derive an expression using the given data - Show that this reduces to the integration-by-parts formula if u and v are continuous across x = c. It is not necessary for du/dx and dv/dx to be continuous at x = c.
Evaluate formulae for the coefficients -Hint: Use the linear transformation
Evaluation of probability of randomly selected customer- Normal Distribution
Quantitative Methods- Probabilities Problem. A country road averages 6 potholes per mile. A road crew is sent out to repair the road. Find the following probabilities. Use the appropriate table or software if you want.
Assume Jim had executed 15 "Splits" before his last split of 20 seconds. If his eventual time in the road race is 4:05 , what was the average time for one of his earlier splits?
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