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Assume that we want to estimate the mean IQ score for the population of statistics professors. How many statistics professors must be randomly selected for IQ tests if we want 99% confidence that the sample mean is within 2 IQ points of the population mean? Assume the population standard deviation is 15.
It is the last play of the game and the famous coach's team is on offense. If it makes 5 yards or more, it wins; if not, it loses. Both sides choose Nash equilibrium strategies.
The Weithoff company has a contract to produce 10000 garden hoses for a customer. Weithoff has 4 different machines that can produce this kind of hose.
Sketch density curves that might explain distributions with fallowing shapes: symmetric, but with two peaks( i.e., two strong clusters of observations)
The daily revenue totals for the next 30 days will be monitored. What is the probability that the mean daily revenue for the next 30 days will be between $7000 and $7500?
what is the equation that predicts mortgage amount from interest rate? Compute the slope of the straight line. compute the y-intercept of the straight line.
Students in the capstone business policy class are assigned to teams of three. In how many different ways could a team contain exactly one student from each concentration?
As a part of the editorial a random sample of 260 households showed 170 own pets. Does this data disagree with the Pet Food Dealers Association data? Use a 0.05 level of significance.
What can one conclude about the librarian's hypothesis at a level of significance of .05?
Mr. Pickwick takes his umbrella. When rain is not forecast, he takes it with probability 1/3. Find: (a) the probability that Pickwick has no umbrella, given that it rains.
How many students should be surveyed if a 90% confidence interval is desired and the margin of error is to be only 3%?
ample of fifteen 8 ounce Baby Ruth candy bars are weighed and it is found sample standard deviation is 0.6 ounces. Test company's claim at (alpha sign) is 0.05.
With the exponential function e^x and logarithmic function log x how do I graphically show the effect if x is doubled?
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