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Focus groups of 10 people are randomly selected to discuss products of the Famous Company. It is determined that the mean number(per group) is 4.80000019 and the standard deviation is 0.73. Would it be unusual to randomly select 10 people and find that greater than 8 recognize the Famous Brand?
illustrate briefly how an experimental study is conducted. What is the difference between the two types of variables used.
What is the probability that the mean completion time is between 1 and 2 hours, i.e.., 60 and 120 minutes?
Find the probability that a customer with 2 or more late payments will actually default on his payments and, in light of this probability, criticize the manager's credit plan.
Create a flow diagram for entire process. Include flow paths for students (solid lines) and prescriptions (dashed lines).
Figure out the necessary sample size to reduce sampling error to plus or minus $500. Do you need to have an estimate of the current mean income to answer this question? why or why not?
Calculate the profit earned/loss incurred on; a high performance tire that exceeds 40,000 miles, a high performance tire that does not exceed 40,000 miles.
Quantify the uncertainty of your estimate by giving the standard deviation of the distribution. Round your response to at least three decimal places.
A sample of 93 IQ scores was randomly selected from a certain population. At the 0.03 level of significance, test the hypothesis that the population has a mean IQ of 105.
Solve for the following items: The point on the x-axis that is equidistant (equal distance)from (10,4) and (6,2).
CPI and Subway Fare Find the best predicted cost of subway fare when the consumer Price Index (CPI) is 182.5 (in the year 2000).
Generate a 95% CI for the difference in proprotions of particpants reportinga reduction of symptoms between the experimental and placebo groups.
For a sample of 12 items from a normally distributed population for which the standard deviation is s=17.0, the sample mean is 230.8. At the 0.05 level of significance
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