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The first unit required 9800 hours to manufacture. The company expects to experience an 82% unit learning curve. Estimate the cost of the 20th unit. (Round intermediate calculations to 4 decimal places)
8036 hours
23112 hours
4155 hours
5408 hours
There are 5,000,000 Adults 25+ in Mtown. An advertiser buys a schedule on Channel 45: 20 spots in early news with an average A25+ quarter hour audience of 150,000, 25 spots in daytime with an average A25+ quarter hour audience of 200,000, and 10 s..
If you had a research problem appropriate for ANOVA and it was based on the results from three samples, what would be the null hypothesis?
How many individuals will it need to sample to achieve this level of accuracy and confidence?
Construct appropriate control charts for before and after introduction of the new pathway. Discuss process stability and the results.
Similar survey of student population 10 years ago found that coffee shop was favoured by 20% of students, and pizza and hamburger were each preferred by 40% of the students. Determine the expected frequencies for chi-square test.
If the manager decides to spend $3000 on advertising, based on the simple linear regression results given above, what would the estimated sales be?
The management of a regional bus line thought its cost of gas might be correlated with its passenger/mile ratio. Comment on the data and correlation matrix below.
Critically discuss some examples of descriptive statistics? Why are they used in research? What is a confidence interval?
Number of rescue calls received by rescue squad in city follows a Poisson distribution with mu = 2.83 per day. Squad can handle at most four calls a day. Determine the probability that squad will be able to handle all calls on a particular day?
One state lottery has 1000 prizes of $1, 200 prizes of $5, 50 prizes of $25, 15 prizes of $150, 4 prizes of $500, and 1 prize of $2500. What is the lottery expected profit per ticket?
Modify above problem (Problem 8th) so that each hardware vendor now demands seventy-five (75) units. Any units available from the vendors that are not shipped cost nothing.)
Within each of your current careers/ jobs, there are sets of data that can be analyzed. For example, a teacher can use a set of test scores, a dietician can analyze a set of patient weights and correlate them to incidences of diabetes, and a sales..
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