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Drug testing of job applicants - In 1990, 5.8% of job applicants who were tested for drugs failed the test. At the 0.01 significance level, test the claim that the failure rate is now lower if a simple random sample of 1520 current job applicants results in 58 failures. Does this result suggest that fewer job applicants now use drugs?
Determine the least squares equation. According to this information, what are the estimated sales for 2005? Listed below is the net sales in $ million for Home Depot, Inc. and its subsidiaries from 1993 to 2002.
Avalon Bakery would like you to recommend how many loaves of its rye bread to bake at the beginning of each day. Each loaf costs the bakery $3.00 and can be sold for $6.00.
What proportion of the variability in steel shipments for motor vehicles is described by regression equation?
a. Is there evidence the mean amount is different from 1.0 gallon (alpha= 0.01)? b. Compute the p-value and interpret its meaning. c. construct a 99% confidence interval estimate of the population mean amount of paint.
Your customers have been divided into 3 groups. The first group represents 15% of customers, and these customers spent an average of $29.76 last year.
Customers enter the waiting line at a cafeteria on a first-come, first-served basis. The arrival rate follows a Poisson distribution, while service times follow an exponential distribution.
Evaluate the performance of this decision.
Suppose we have observations x1, x2, . . . , xn. Prove that the sum of deviations of the observations from their arithmetic mean is always equal to zero.
An urn contains 8 balls identical in every respect except color. There are 4 blue balls, 3 red balls, and 1 white ball.
Suppose that possibility of being seated at two restaurants are independent of each other, determine the probability that. Both restaurants will be able to seat you next Saturday night?
A college student is taking 5 courses in a semester. He is willing to assume that he will get an A with probability 0.10, a B with probability 0.80, and a C with probability 0.1 in each of the courses. He defines X1, X2, and X3 to be the number of..
Explanation on what is the logic behind using the sum of the products of deviation scores as the numerator of the formula for the correlation coefficient?
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