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The demand for a firm's product X is dependent on price, the price function for product X being P = q2/3 - 45q/2 + 450, where q is thequantity sold.
Use differential calculus to find both sales volume at which revenue is maximised and the maximum revenue available from sales of product X.
She then selects a sample of 102 football players and finds that their average math SAT is 460. Use alpha =.01 to perform the appropriate hypothesis test.
Write Cumulative distribution function.Find the cumulative distribution function F(x).
This model is fit to the data using the method of least squares using statistical software, and the following parameter estimates and their standard errors are obtained.
Using the 0.10 level of significance, is there evidence that the population mean is above $300?
What is the probability that the mean annual precipitation during 49 randomly picked years will be less than 101.8 inches?
Compute the difference scores for following data from repeated-measures study.
From Group of 40 People, a jury of 12 people is selected. In how many various ways can a jury of 12 people be selected?
Conduct post hoc comparisons with the LSD method. Which groups differ significantly at α = 0.05?
A sample of 19 albino Hungarian banded aardvarks was examined for nose length. Since this is a small sample, how various degrees of freedom will be used to find the t-score.
Assuming that the population standard deviations are the same, perform a two independent samples t-test on the hypotheses Null Hypothesis: μ1 = μ2, Alternative Hypothesis: μ1 ≠ μ2. What is the test statistic and p-value of this test?
Using the .02 level of significance, conduct a five-step hypothesis testing procedure to determine if the new processes significantly reduced the wait time.
In certain normal distribution of scores, mean is 50 and standard deviation is 4. Determine z-score corresponding to a score of 55.
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