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The amount of time a bank teller spends with each customer has a population mean, u, of 3.10 minutes and standard deviation , O, of .40 minute. If you select a random sample of 16 customers:
a) what is the probability that the mean time spent per customer is at least 3 minutes?
Brief description of the real-world situation or problem you selected to address, the independent and dependent variables you would study
What is the difference in appearance between a t-distribution and a z-distribution? Why do they have slightly different appearances?
What is the purpose of a survey? What are three examples of a survey and what potential purpose could each be used for? How can one work to ensure the participants of a survey will have their responses kept private?
Questions based on binomial distribution, variance of the binomial distribution, discrete random variable and continuous random variables.
Suppose that we generate a random sample from a given distribution. If it is desired that the probability that the sample mean will be within 2 standard deviations of the mean of the distribution is at least .99, how large should the sample size b..
If we select a crew member at random, what is the probability the crew member earns:
Is the normal distribution (or its special case, the standard normal distribution) effective in characterizing situations and/or in helping managers make decisions?
Estimate the population means growth in 1 year for 14-year-old boys. Make a point estimate and an 80% confidence interval estimate.
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The MacBurger restaurant chain claims that the waiting time of customers for service is normally distributed,
A recent study compared the time spent together by single- and dual-earner couples. According to the records kept by the wives during the study, the mean amount of time spent together watching television among the single-earner couples
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