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As a bonus, students are encouraged to research new and interesting articles/ websites/ interactive tools, etc. which are pertinent to the class material. In order to earn extra credit in this way, the website/ article must be new, and must be something that is not easily found by "Googling" the section title. (ie. a wikipedia site on Parametric Curves would not be acceptable)

Reference no: EM1399817

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Recommendation of a safety stock level : Linda would like to maintain a 90% service level. what safety stock level do you recommend for BX-5?
Determine the p-value of the test statistic : Let p represent the population proportion of all numbers in the corporate file that have a first nonzero digit of 1. Test the claim that p is less than 0.301 by using What is the P-value of the test statistic?
Pertinent to the class material : As a bonus, students are encouraged to research new and interesting articles/ websites/ interactive tools, etc. which are pertinent to the class material.
Computing the sample test statistic : Joan's nursery specializes in custom-designed landscaping for residential areas. the estimated labour cost associated with a particular landscaping proposal is based on the number of plantings of trees,shrubs and so on to be used for the project.
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Basic Statistics Questions & Answers

  Following normal probability distribution

A study group of long distance phone calls made from the corporate offices of Pepsi Bottling Group, Inc., in Somers, New York, revealed the length of the calls, in minutes, follows normal probability distribution.

  Determining the values of mean m

Determine the values of mean M and standard deviation s for original sample?

  Find probability with the cards

An experiment consists of selecting a card at random from a 52-card deck. Refer to this experiment and find the probability of the event.

  Standard deviation of the distribution

In a group of six professors selected at random, what is the expected number of extroverts? What is the standard deviation of the distribution?

  Expected value using pdf of chi-square distribution

The profit from selling food at an outdoor cafe depends on the number of hours of sunshine through the formula, Profit = 1000(1-(e -x /10)). Find the expected level of profit.

  Limitations of seasonal forecasting

Critically illustrate out the limitations of seasonal forecasting? Provide examples.

  Performing a chi-square test for independence

When performing a chi-square test for independence, explain how the "cell frequencies under the independence assumption" are calculated.

  Draw a sample size from normal distribution

How large a sample is required if the 97 percent level of confidence is used and the estimate is to be within $2,500? The standard deviation is $16,000.

  Values at which the product will operate properly

Specification limits for a particular characteristic of a product indicate the values at which the product will operate properly. Assume we have a product with an upper specification limit of 7.25 and a lower specification limit of 4.0. As long as..

  Difference in the mean household incomes

There is no significant difference in the mean household incomes between the two neighborhoods +0.05

  Random sample of eight cars

A random sample of eight cars from each manufacturer is selected, and eight drivers are selected to drive each automobile for a specified distance.

  Standard deviation-normal distribution and z-scores

The accounting department at Weston Materials, Inc., national manufacturer of unattached garages, reports that it takes two construction workers mean of 32 hours and standard deviation of 2 hours to erect the Red Barn model.

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