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A sensitive measuring device should not have a large variance in the errors of measurements it makes. A random sample of 41 measurement errors gives s2 = 102.
Give a 99% confidence interval for the variance of measurement errors.
Alternative C would have fixed costs of $100,000 and variable costs of $15 per unit. Revenue is expected to be $50 per unit. Which alternative has the lowest break-even quantity?
Using Non-parametric test, whether there is significant difference in the motor coordination skills.
Briefly explain the advantage of using an alpha level of 0.01 verus a level of .05. general, what is the disavantage of using a smaller alpha level?
Test the claim about population mean, u, at given level of significance using given sample statistics. Find out critical value(s).
let z be a random variable with a standard normal distribution and let x be a random variable with normal distribution
Make a scatter diagram for the data, using Sales for the independent variable and Net Profit for the dependent variable. Insert the trend line and add the equation and R2 value to the diagram.
What is the value of μ for the network? What is the value of σμ2 for the network? What is the probability that this network can be finished within 27 days?
a genetic experiment involving peas yielded one sample of offspring consisting of 414 green peas and 153 yellow peas.
Standard deviation of 44.7 mg/dL. Let x signify serum total cholesterol level for U.S. females 20 years old or older. Draw the distribution of the variable x.
data from previous years reveal that the distribution of the final exam scores in an introductory statistics class is
Use the p value method to determine whether or not to accept or reject the null and alternate hypotheses.
you want to know if redesign of the new whole foods has significantly increased sales. you sample 25 customers who shop
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