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The population mean for psychology test in a class that is usually taken by juniors and seniors is 100 (out of 200)with a population standard deviation of 16. A random sample of 16 sophomores is selected from the course and they have a mean score of 116 with a sample standard deviation of .10.With alpha set to .01, the research question is whether or not sophomores are different from the average students in the class.
How large a sample is required to estimate the mean speed with a margin of error equal to 2 miles per hour with 90% confidence?
1. compute the percentage of the normal curve located at or above each of the following z values.a. 1.50b. -1.50c.
6 % have both defects. If you purchase one of the flashights in this shipment, find the probability that it has the following: defective bulb or a defective battery.
In other words, you are finding the probability that a randomly selected cat will cost more than a randomly selected dog in terms of their annual medical costs.
state university uses thousands of fluorescent light bulbs each year. the brand of bulb it currently uses has a mean
Assume that all activity durations follow a normal distribution, with the means and standard deviations shown. Use simulation to determine the probability.
If Boer's investment bankers charge a flotation cost of 0.14 as a fraction of the price of a new stock issue, what is Boer's cost of issuing new equity?
(a) What is the sampling distribution of the mean? You should give a brief explanation of your answer.
An Internal Revenue Oversight Board survey found that 82% of taxpayers said that it was very important for the Internal Revenue Service to ensure that high-income tax payers do not cheat on their tax returns
Not sure how to get the standard deviation, but I think the variance should be:
Assuming that the standard deviation of stock price movements that day was 2 points and assuming stock price movements were normally distributed around their mean of 1.5, what is the probability that the average stock price of your portfolio incre..
Air-America has a policy of booking as many as 14 people on an airplane that can seat only 12. (Past studies have revealed that only 92% of the booked passengers actually arrive for the flight.)
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