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Marketing and Consumer Behavior
In the country's 2012 budget, Canada decided to stop production of the penny. The government indicated that it costs 1.6 cents to produce each penny, some see the penny as a burden to the economy, and approximately 10% of all Canadians believe the penny is a nuisance. Suppose 50 Canadians are selected at random and asked if they believe the penny is a nuisance.
a. Find the mean, variance, and standard deviation of the number of Canadians who believe the penny is a nuisance.
b. What is the probability that at most three Canadians believe the penny is a nuisance?
c. Find the probability that the number of Canadians who believe the penny is a nuisance will be within two standard deviations of the mean.
Assuming that they wish to test the claim at alpha = 0.025, determine the rejection and non rejection regions based on your hypotheses in a). State the critical value.
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several years ago in a survey of n 625 randomly selected adults a polling organization asked do you favor lowering the
How are air cargo rates calculated? Calculate the cost of international air transportation for the following shipment: 200 cartons of fine jewelry weighing a total of 2,500 pounds. The carton dimensions are 18 in by 12 in by 12 in (L × W × H). The..
a shipment of 20 cameras include 3 that are defectivegt what is the minimum number of cameras that must be selected
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The City of Tampa, Florida, runs a system of senior centers where older citizens of the city can obtain services, information, and opportunities for social interaction. The city government is interested in conducting a user satisfaction survey of ..
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