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1.Fifty percent of the people that get mail-order catalogs order something. Find the probability that exactly two of 8 people getting these catalogs will order something.
Firebrick Tire Company wants to increase sales of its long running, low-end Roadmaster Tire brand with anew advertising campaign promoting they will last at least 28,000 miles [Mu=28,000 miles]. Tests with arandom sample [n=30 tires] show a sample m..
It is estimated that such a programme will cost $7m and that the probability of flu striking in the next year is 0.75 - With the aid of a decision tree, determine, quantitatively, the optimal c ourse of action the committee should take.
My question is on George's T-Shirt. I need someone to direct me on how the decision tree is being made and also an answer to the question. Please what is the decision tree on George's T-Shirt?
1.) The mean number of English courses taken in a two-year time period by male and female college students is believed to be about the same. An experiment is conducted and data are collected from 29 males and 16 females. The males took an average of ..
Build a regression model
The number of gallons of paint that Home Depot sells in a given day is normally distributed with a mean of 160 gallons and a standard deviation of 55 gallons (I realize that the distribution is probably different for weekends compared to weekdays, bu..
Derive the expression for the PDF of X
Discuss all assumptions and conditions for inference using this data set - Construct a 99% confidence interval for the amount the typical worker spends on health care.
Where y∗i = a1 · yi + a2, for i = 1, ..., n, and a1 and a2 are known positive constants?
The null hypothesis woud be rejected.
Find the average time a plane must wait in line before itcan land.c.Calculate the average time it takes a plane to clear therunway once it has noti?ed the airport that it is in thevicinity and wants to land.d.The FAA has a rule that an air traf..
Toss the coin four times. If the coin lands either all heads or all tails, reject Ho: p=1/2 (the p denotes the chance for the coin to land on heads.) Complete parts a and b. a. what is the probability of a type 1 error for this procedure? b. if p=4/5..
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