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A retailer finds that the demand for a very popular board game averages 100 per week with a standard deviation of 20. If the seller wishes to have adequate stock 95% of the time, how many of the games must she keep on hand.
After performing a two sample t-test, you see a p-value of 0.0355. Of the following, which is the appropriate conclusion?
The specification limits are set between 15.8 and 16.2 ounces.
Scores on a scholastic aptitude test are normally distributed with standard deviation σ=100 points. A group of 25 inner city high school students takes the test; their mean scores is x-bar = 440 points.
What shape curve do you get when your data set has the mean, median, and mode all with the same value? Could the value of the sample mean and the value of the population mean ever be the same?
What is meant by the probability of an event? Discuss how addition and multiplication techniques are used to solve probability problems.
In an evaluation of the medical lab, the manager is interested in the efficiency of three technicians when they process four routine blood tests.
When writing about the probability that it will rain in Boston on July 4 of next year, a newspaper reporter states that the probability is ½, because either it will rain or it will not.
In a distribution of sentence lengths in months like the following: 6, 12, 10, 18, 24, 360; which statistic would a researcher not want to report?
Use the above information to calculate the number of watches (units) and the sales dollars we need in order for our flea market business to break even for the day.
If probability of drawing a face card is 0.625. Determine the probability of not drawing a face card.
Design a Linear programming problem for the flair Furniture Company and find the combination of tables and chairs that the company must produce to maximize profits.
The university policy department must write, on average, five tickets per day to keep department revenues at budgeted levels. Suppose the number of tickets written per day follows a Poisson distribution with mean of 6.5 tickets per day. Interpret ..
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