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A firm will promote two employees out of a group of six men and three women.
a. list the chances of this experiment if there is particular concern about gender equity.b. which concept of probability would you use to estimate these probabilities?
Develop and solve a linear optimization model to determine the optimal mix to maximize profit, and write a short memo to the president, Kathy Chung, explaining the sensitivity information in language that she can understand.
Specify the appropriate null and alternative hypotheses if we wish to test the research hypothesis that the mean GHQ score for all employed men exceeds 10.
54% of men consider themselves professional baseball fans. You randomly select 10 men and ask if he considers himself a fan. Find the probability that the number who consider themselves professional fans is
Identify the sampling distribution to be used: the standard normal distribution or the Student's t distribution. Find the critical value(s).
Based on the results of the test, can the consumer group report in its next publication that the tires last less than 60,000 miles?
Bolts are randomly selected until a 5 mm bolt is obtained. The outcomes are the sequences of bolts that can be selected. So one outcome is 1, and the other is 342. List the equally likely outcomes.
You are appraising the quality of diamonds for your importer. A diamond without a clear center (opaque center) shall be downgraded and sold at discount.
Test the proportions of yellow fire trucks have a significantly lower accident rate.
Suppose there are two samples of size 6 and 7, with a rank sum of 58 in the sample of size 6. Using the Wilcox on rank-sum test, evaluate the significance of the results, assuming there are no ties.
Over the past 50 years, the number of hurricanes that have been reported are as follows: 9 times there were 7 hurricanes, 14 times there were 8 hurricanes, 19 times there were 11 hurricanes, and in the remaining years there were 14 hurricanes. Wha..
Define the Linear programming problem (LPP)
The mean return for a random sample of 33 mutual funds is 14.93 percent with a standard deviation of 9.57. Build a 95 percent confidence interval for mu, population mean.
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