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A department store will place a sale item in a special display for a one-day sale. Previous experience suggests that 20 percent of all customers who pass such a special display will purchase the item. If 2,000 customers will pass the display on the day of the sale, and if a one-item-per-customer limit is placed on the sale item, how many units of the sale item should the store stock in order to have at most a 1 percent chance of running short of the item on the day of the sale? Assume here that customers make independent purchase decisions. (Round answer to nearest whole number.)
Assume rivets are defective independently of one another, each with the same probability. If 24% of all seams need reworking, determine the probability that rivet is defective?
someone suggests that the lifetime t in days of a certain component can be modeled with the weibull distribution with
A woman has a collection of snakes and iguanas. Her young son observed that the reptiles have a total of 50 eyes and 56 feet. How many reptiles of each type does the woman have?
according to a survey of american households the probability that the residents own 2 cars given annual household
Which of the following is true regarding ANOVA? a) It is used to test for a difference in medians among three or more populations
the metropolitan area of los angeles-long beach california is the area expected to show the largest increase in the
a salesperson either makes a sale s or does not make a sale n with each of two potential customers. the simple events
A researcher demonstrated a correlation of r = 0.60 between teacher attire and student academic performance across 150 grade schools in her state.
What is the probability that a randomly chosen employee is an Administrator if the employee has the opportunity of gaining promotion next year?
a sketch a t -v diagram then draw a circle to indicate the region where you are guaranteed to find ideal gas states on
Infers that less than 60% of the items are sold within 1 week. Find the probability of the type I error, then state your conclusion in words of the problem at a level of significance of 0.07.
a particular investment fund is comprised of more than 1000 companies world-wide that are considered to be socially
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