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For a normal distribution, a. What z-score separates the highest 25% from the rest of the scores? b. What z-score separates the highest 60% from the rest of the scores? c. What z-score separates the lowest 30% from the rest of the scores? d. What z-score separates the lowest 80% from the rest of the scores?
Give an ending for the below statement.Last week Tom had exams in Statistics and in English. He scored 10 points above the mean on both exams. From this information, you can conclude.
For a sample of engineers, the mean salary is $95,000 with a standard deviation of $30,000. The median value is $80,000. What is the relative shape of the distribution and coefficient of skewness?
There are three loan officers at Farmer National Bank. All decisions on mortgage loans are made by one of these officers. The president of the bank would like to be sure that the rejection rate is about the same for the three officers.
Draw two pie charts, which allow the total yearly exports to be compared. Explain the trend in the export of fish as shown in the two pie charts.
Find the confidence interval of the true proportion of students to receive a 3.0 GPA. Find the Z score, standard error, range, and your conclusion in a sentence.
Finally, the when large plant is built and the demand happens to be high, the net present value of the profits $800,000. Draw a decision tree.
A certain type of lightbulb has an average life of 500 hours with a standard deviation of 100 hours. The length of life of the bulb can be closely approximated by a normal curve.
The confidence interval must be less than 5 percentage points i.e. the confidence interval should extend at most 2.5 percentage points above and below the sample proportion?
According to US Census Bureau, 7.1% of all births to non-smoking mothers are of low birth weight (
The manager of a Farmer Jack Super Market would like to know if there is a preference for the day of the week on which customers do their shopping.
The Price-to-Earnings ratio (P/E) of a publicly listed profit-making company is defined as the ratio of the stock price of the company to the earnings per share.
It is believed that population standard deviation is 15 days. If test is conducted using 0.05 level of significance, what conclusion must be reached?
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