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A production process is checked periodically by a quality control inspector. The inspector selects simple random samples of 30 finished products and computes the sample mean product weights X If test results over's a long period of time show that 5% of the X values are over 2.1 pounds and 5% are under 1.9 pounds, what are the mean and the standard deviations for the population of produced with this process?
The distribution of 9 ounce bags of a particular bag of potato chips is approximately Normal with a mean of 9.12 ounces and a standard deviation of 0.15 ounces.
Here are fifty observations on the weight of tea bags. Create mean, mode and median.
Test hypothesis that mean weight of 2 sheets are equal against alternative that they are not(suppose equal variances). Use α=0.05 and suppose equal variances. Determine the P value.
Reading highway signs is not always easy, especially if your vision is imperfect. Vision in general tends to deteriorate with age. Two researchers conducted a study to determine if the distance at which a standard highway sign could be recognized ..
Given the following data, calculate the EMV for each investment alternative. Which is best based on the EMVs you calculated?
Test the claim that the Snickers bars have a mean weight that is different than 20.1 grams. Because shutting down the plant is very expensive, test the claim at the .01 level of significance.
A game involving a pair of dice pays you 3 with probability 17/36, costs you 2 with probability 14/36, and costs you 4 with probability 5/36. What is your probability of losing money in one play of the game?
What is the probability you pick a plum and Which of the following is a legitimate probability distribution for this situation
The results of a recent poll on the preference of shoppers regarding two products are shown below.
Conduct post hoc comparisons with the LSD method. Which groups differ significantly at α = 0.05?
Mention your decision regarding the null hypothesis. If H 0 rejected can we conclude that treatment 2 and treatment 3 differ? Use 95 percent level of confidence.
In order to estimate the difference between the average hourly wages of employees of two branches of a department store, the following data have been gathered.
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