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The number of widgets produced by 9 employees in an eight hour shift is recorded below. Find the mean number of widgets produced.
135, 120, 116, 119,121,125,135,131,123
In some ways, ANOVA is like what communications engineers refer to as "signal-to-noise ratio". What could I possibly mean by that statement?
Determine future value of annuity due which has $750 deposited at the starting of each month for 15 years at 5.9% compounded monthly.
A slot machine in Reno costs $1 to play. If the jackpot is $1,000 and the expected value is $ - 0.50 find the probability of winning.
In a survey on the quality of customer service at Car Toys, customers were asked to rate the service on a scale from 1 to 10, with 10 being that a customer was completely satisfied.
Determine the probability of fatal accident over lifetime? Describe your reasoning carefully. Suppose independent events. Why might the supposition of independence be violated?
The weight of an almond is normally distributed with mean 0.05 ounce and standard deviation of 0.015 ounce. Find the probability that a package of 100 almonds will weigh between 4.3 and 5.3 ounces.
Make a scatter plot of Y and X1 using Word. To do this click on insert and then chart. Click on X Y (Scatter). Enter the data from the table.
Processing an order for more disks cost $15. Zip uses 60000 disks annually, and the company has a 25% cost of capital. (a) Find the optimal order quantity.
Assume that the underlying population variances are equal. a. Are the two samples paired or independent?
An independent financial advisor claims an average rate of return, μ, on a particular investment is at least 7%. In testing her claim, the correct pair of hypotheses is:
What id Steve's grade point average at graduation and what is Steve's median grade point at graduation
Devise a method for estimating and plotting Bayesian credible regions for the paramters, using your MCMC sample and compute LS estimators of a and b,
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