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The Wall Street Journal reported some interesting statistics on the job market. One statistic is that 40% of all workers say they would change jobs for "slightly higher pay." In addition, 88% of companies say that there is a shortage of qualified job candidates. Suppose 16 workers are randomly selected and asked if they would change jobs for "slightly higher pay." What is the probability that nine of more say yes? What is the probability that three, four, five or six say yes? If 13 companies are contacted, what is the probability that exactly 10 say there is a shortage of qualified job candidates? What is the probability that all of the companies say there is a shortage of qualified job candidates? What is the expected number of companies that would say there is a shortage of qualified candidates?
You should use the hypergeometric distribution because you are sampling a small population without replacement.you are sampling a large population without replacement. You are sampling a small population with replacement.
What is the point estimate of the difference between the population mean expenditure for males and the population means expenditure for females?
Give the Z- score cutoff (or cutoffs) on the comparison distribution at which the null hypothesis should be rejected
What is the probability that a randomly selected cell phone bill is more than $67.75?
According to Fortune, Missouri is within 500 miles of 44% of all U.S. manufacturing plants 8. If a Missouri company needs parts manufactured in 122 different plants, what is the probability that at least half of them can be found within 500 miles ..
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.
What is the probability that the team wins tonight and that there will be a large crowd at tomorrow's game?
Compute an F-statistic for each linear construct and determine its significance.
Finding the probability of each event in a group of events of different possibility
By using 0.05 level of significance, is there any evidence of difference in mean life of bulbs produced by two kinds of machines?Calculate p-value and interpret its meaning.
Best Electronics, Inc. offers a "no hassle" returns policy. The number of items returned per day follows the normal distribution. The mean number of customer returns is 10.4 per day and the standard deviation is 2.3 per day.
If the probability that it will rain tomorrow is 0.33, then what is the probability that it will not rain tomorrow?
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