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Four different paints are advertised as having the same drying time. To check the manufacturer's claims, five samples were tested for each of the paints. The time in minutes until the paint was dry enough for a second coat to be applied was recorded. The following data were obtained.
Paint 1 Paint 2 Paint 3 Paint 4
128 144 133 150
137 133 143 142
135 142 137 135
124 146 136 140
141 130 131 153
At the .05 level of significance, test to see whether the mean drying time is the same for each type of paint.
Supposing that there is no cost of entering the sweepstakes, find the expected value of the amount won for one entry. Determine the expected value if the cost of entering this sweepstakes is the cost of a postage stamp. Is it worth entering the cont..
The new Lucky Lady Casino wants to increase revenue by providing buses that can transport gamblers from other cities. Research shows that these gamblers tend to be older, they tend to play slot machines only, and they have losses with a mean of $1..
At the .10 significance level, can we conclude that there is a difference in the amounts quoted?
The useful life of an electrical component is exponentially distributed with a mean of 2500 hours. a. What is the probability the circuit will last more than 3,000 hours.
Develop the management-research question hierarchy that will help you to develop a specific proposal.
For any distribution the score that separates the highest 10% from the rest of scores is called.
Use a 0.05 significance level to test the claim that these credit rating are from a population with a mean that is equal to 700.
Conduct the following test using 95% level of confidence.
Critically discuss how you can apply the concept and method of interval estimation to help you solve some of the problems in a regularly accounting department. Give a few examples.
The mean top of knee height of a sitting mate is 20.7 in.
Is there a significant difference in mean fetal heart rates by position? Run the test at a 5% level of significance.
Researcher asked group of 30 students - 12 of them supported change, 13 of them didn't, and 5 had no opinion. This is not binomial model as?
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