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Let X1,... x30 be independent Poisson random variables having mean 1.
(a) Use Chebyshev's inequality to find a lower bound on the probability
P(25<= sigma from 1 to 30 of Xi <=35)
(b) Us the fact that sigma from 1 to 30 Xi is a Poisson random variable with mean 30 to find the exact value of the above probability. (R may be used).
The following table lists the annual amounts of glass cullet produced by Kimble Glass Works, Inc. Determine the least squares trend equation. Estimate the amount of scrap for the year 2005.
At the .01 significance level can we conclude the mean age is more than 8.4 years for the cars of university students? State the null hypothesis and the alternate hypothesis.
How variable is the number of service calls with which Sam's department must deal?
Consider the following data values of variables x and y. The equation of the least-squares regression line for this data is
At the 0.10 level of significance, is the coin biased toward heads? Show your decision rule and calculations.
The mean amount purchased by a typical customer at Churchill's Grocery Store is $23.50 with a standard deviation of $5.00. Assume the distribution of amounts purchased follows the normal distribution. For a sample of 50 customers, answer the follo..
Develop the opportunitiy loss table and compute the expected opportunity loss for each product. Determine how much the firm would be willing to pay to a market research firm to gain better information about future market conditions.
Out of the 109 males, 42% preferred Pepsi and out of the 53 females, 40% preferred Pepsi. Pepsi wanted to test to determine if the males preferred Pepsi more than females.
Tired of careless spelling and grammar, a company decides to administer a test to all job applicants. The test consists of 20 sentences. Applicants must state whether each sentence contains any grammar or spelling errors.
Is there evidence of difference in median performance between two methods? (Use α = 0.05.)
You've administered a standardized test of manual dexterity to two groups of 10 semi skilled workers. One of these two groups of workers will be employed by you to work in a warehouse with many fragile items.
A member of Congress wants to determine her popularity in a certain part of the state. She indicates that the proportion of voters who will vote for her must be estimated within plus or minus 2 percent of the population proportion.
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