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A survey is planned to determine the mean annual family medical expenses of employees of a large company. The management of the company wishes to be 95% confident that the sample mean is correct to within plus-or-minus $50 of the population mean. A previous study indicates that the standard deviation is approximately $400.
a) How large a sample size is needed?
b) If management wants to be correct to within plus-or-minus $25, what sample size is necessary?
The various measures of central tendency: compare them (how they are similar) and contrast them (how they are different), including specific references to numbers, pictures, and tables derived from the data set.
Carryout the ANOVA and, if essential, post-hoc comparisons. Conduct a graph to represent group differences, and interpret ANOVA in a paragraph written in APA style.
The population of lengths of aluminium-coated steel sheets is normally distributed with a mean of 30.05 inches and a standard deviation of 0.2 inches.
Assume the chief does not want his officers to cite a car for speeding unless they are 99% sure that it is travelling at 58 miles per hour or faster. What is the minimum estimate of speed at which a car should be cited for speeding?
Either no change to the Objective function or a raise in the value of the objective function depends on the constraint.
Ten members of a fraternity take a statistics course. Here are their scores on the first exam in the course:
What would that evaluation be and what is the margin of error?
Determine probability of waiting less than 12 minutes between successive speeders. By using cumulative distribution function of X.
Create ADM/PERT diagram. Determine the critical path.
At the 0.01 level of significance, is there evidence to support the professor's claim?
According to an IRS study, it takes a mean of 330 minutes for taxpayers to prepare, copy and electronically file a 1040 tax form. This distribution of times follows the normal distribution and the standard deviation is 80 minutes.
What percentage of bottles can we expect to have a volume less than 32 oz?
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