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A produce manager wants to estimate the mean size of coke bottle fills with 95 percent confidence. A preliminary sample of 12 bottles shows a sample standard deviation of 3 mil, and mean of 500.
A) What is the sampling or testing error?
B) What would be the sample size to reduce the error to half its value?
The standard deviation of the population of adult female height scores is 3 inches. A random sample of 50 women yields a mean height of 64 inches. Calculate the standard error of the mean.
A statistic practitioner working for Major League Baseball determined the probability that the hitter will be out on ground balls is .75. in a game where there are 20 ground balls, find the probability that all of them were out.
Determine the coefficient of correlation between the two variables. Interpret the value.
Consider a multinomial experiment involving n = 300 and k = 5 cells. The observed frequencies resulting from the experiment are shown in the accompanying table, and the null hypothesis to be tested is as follows:
The average cost per night of a hotel room in New York City is $273 (SmartMoney, March 2009). Assume this estimate is based on a sample of 45 hotels and that the sample standard deviation is $65.
A teller can process an average of 100 customers per hour, which also can be modeled by a Poisson distribution. If there is one teller on duty, determine:
The Starbucks in the Bauer College of Business found that 24% of customers purchase more than one cup of coffee per day from their shop. If 180 customers are randomly selected one day, what is the probability that no less than 25% of them purchase..
CPI and Subway Fare Find the best predicted cost of subway fare when the consumer Price Index (CPI) is 182.5 (in the year 2000).
What is the probability that more than one machine is in the system? Probability that more than two are broken and waiting to be repaired or being serviced? More than three? More than four?
If student is chosen at random, determine the probability that he or she is sophomore and owns a credit card.
One table has a standard deviation of $50 while the other has a standard deviation of $150. What conclusion can be drawn from the data?
Calculate the population mean and population standard deviation.
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