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It is found that due to manufacturing defects customers return about 10 percent of the table lamps of a particular brand that they buy. A retailer has ordered a consignment of 5000 such lamps for its chain store nationwide. What is the probability that,
(a) the number of defective lamps will be 500 or less?(b) the number of defective lamps will be more than 550?
Sample is found to have a mean of 80.6,a standard deviation of 1.4 test the claim that the true mean of this process is different than 80. use 10% level of significance.
Solar cells are attached to a panel with a new heat resistant adhesive. The adhesive must provide 2.80 pounds of force in order to hold the cell on the panel. A random sample of 50 cells is tested and the following forces are necessary to break th..
The mean age of 25 randomly selected college seniors was found to be 23.5 years, and the standard deviation of all college seniors was 1.3 years. Which of the following is the correct symbol for 1.3 years?
A market survey was conducted to estimate the proportion of homemakers who would recognize the brand name of a cleanser based on the shape and color of the container. Of the 1,4000 homemakers sampled, 420 were able to identify the brand by name.
A company tracked the number of complaints it received during the first 6 months of last year, as shown in the following table:
The following sample data were obtained from three populations that did not follow a normal distribution. Compute the value of the test stastic. What is your decision on the null hypothesis?
7% of his eggs are underweight, and that 14% weigh over 72 grams. If a normal model is appropriate, what would the standard deviation of his egg weights be?
What would happen to the size and the sign of the correlation coefficient if we correlated these two variables? How can researchers work around this issue?
Draw the complete decision tree and determine whether the product should be launched or not.
What are the differences among a proportion, a percentage, and a ratio? When would a researcher use a hypothesis test for the difference in two population proportions? Explain.
The Absent Minded Professor study was a RCT, which had an objective to estimate the protective effect of drug "No-Reminder" compared to drug "Reminder" on risk of "Forgetful syndrome". The study found that the drug "No-Reminder" was protective.
30% of the college of business students major in finance. A random sample of 20 students is selected. What is the probability that no more than 3 students of the selected students are majoring in finance?
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