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An automobile mileage study tested the following hypothesis:
Hypothesis Conclusion
Ho:µ? 25 Manufacturer's claim supported
Ha:µ< 25 Manufacturer's claim rejected; average mileage per gallon less than stated.
For o=3 and a.02 level of significane, what sample size would be recommended if the researcher wants an 80% chance of deteching that µ is less than 25 miles per gallon when it is actually 24?
A study is conducted to determine if the traffic light patterns at a busy intersection need to be adjusted to help the flow of traffic. Data on the volume of traffic and the traffic patterns during different times of day are recorded.
Compute the appropriate test statistic to test Ho: p = 80/100 vs. Ha: p > 80/100.
Evaluate a simple aggregate price index for 2004. Use 2000 as the base period - Estimating the simple aggregate price index.
Find the probability that a randomly selected student spends between eighty and ninety percent of the time on the test. Find the expected value of X. E(X)
a company that manufactures bookcases finds that the average time it takes an employee to build a bookcase is 23 hours
Speaking to a group of analysts in January 2006, a brokerage firm executive claimed that at least 70% of investors are currently confident of meeting their investment objectives.
How could the engineer increase the accuracy of the interval without changing the level of confidence?
ACME Lumber Company selects a random sample of 36 customers. Customers are rated on their annual spend at ACME Lumber Stores.
Twenty-six percent of couples who plan to marry this year are planning destination weddings. In a random sample of 12 couples who plan to marry, find the probability that exactly 6 couples will have a destination wedding.
Find the probability between the given values for normal distribution.
How many jackets should the store owner order if she wants to maximize her expected profit?
Assuming an exponential service rate μ, set this up as a birth and death process and determine the birth and death rates.
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