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How unusual is this event (Z-Score)?
A department store, on average, has daily sales of $28,707.47. The standard deviation of sales is $1000. On Tuesday, the store sold $34,650.77 worth of goods. Find Tuesday's z score. Was Tuesday an unusually good day?
Company are interested in how a new spaghetti sauce made from green tomatoes (and green in color) will compare to their traditional red spaghetti sauce. They are worried that the green color will adversely affect the tastiness scores.
If the production process is in control, the mean number of chips per cookie is 6.0 What is the probability that in any particular cookie being inspected. What is probability that in any partcular cookie being inspected, there are less than 4 choco..
An anatomy teacher hypothesizes that the final grades in her class are distributed as 10% A's, 23% B's, 45% C's, 14% D's, and 8% F's. At the end of the semester, she has the following grades.
A loaf of bread is normally distributed with a mean of 22 oz and a standard deviation of 0.5 oz. What is the probability that a loaf is more than 22.25 oz?
The cost per unit for ecah product, given each contract result, is shown in the following payoff table. Determine which product should be produced, using the following decision criteria.
Suppose the population standard deviation is 0.3 minutes and the sample mean is 9.975. Find the sample mean and compute. A 90-percent confidence interval for the true mean delivery time, is?
What is the calculation if facebook reports that the average number of facebook friends worldwide is 175.5 with a standard deviation of 90.57 . If i was to take a sample of 25 students, what is the probability that the mean number of facebook frie..
Great Plains Roofing and Siding Company inc, sells roofing and siding products to home repair retailers, such as Lowe's and Home Depot, and commercial contractors.
What is the level L (±0.0001) such that the probability that the average NOX level for the fleet is greater than L is only 0.03?
Be sure to include all relevant information for each of the following problems, including hypotheses, critical value, degrees of freedom, and a statement about significance.
Determine if there is any difference between the pulse rates of smokers and nonsmokers. Compute the p-value of the test. Can you draw any conclusions?
If you were to conduct right-tailed hypothesis test at 5% significance level, you choose the critical value this way. Assuming that the null hypothesis is true
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