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In a two population test, when will you use independent samples?
Provide an example and state the Null and the Alternative hypothesis for the example in symbolic form.
Explain the assignment model and how it is similar to a transportation problem. Give a real-world example of an assignment model to describe what is transported where.
Why do you use the chi-square statistic? What type of data is used with chi square analysis?
In a sample of 64 patients, suppose that 47 showed allergic reduced reaction and 17 show increased reaction. Are these results sufficient to conclude a significant effect?
If writing scores for population have standard deviation of σ = 20, does sample give adequate evidence to conclude that new composition course has significant effect?
Average performance evaluation is higher for managers hired from outside firm compared with those promoted from within? What other stories does this graph tell?
Find out the area using Normal distribution. As, if Z is a standard normal variable find out the probability that Z lies.
In brief describe three situations in which the 'First In First Out' discipline rule is not applicable in queuing analysis. Provide examples of four situations in which there are limited, or finite population.
Compute a 99% confidence interval for the true average number of months taken by bankruptcy petitioners to acquire debts listed on their petitions.
Compare the two forecasts computed in (a) and (b), using MAD. Which one should the dealer use for January of the next year?
Use Excel and determine the number of each type of person that will be needed to complete the job within the allotted time and at minimum cost.
We want to estimate the population mean within 5, with a 99% confidence level. The population std dev is estimated to be 15. How large is the required sample size?
Explain in detail and give an original example of the four types of probability.
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