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Promotion occurs on average every 10 days in a large corporation. What is the probability that the next promotion will occur within:
The level of glucose, x, in blood follows a normal distribution with mean = 13.8, and std dev = 2.6. What is the probability that in a healthy adult:
what is the post-test probability of disease being present in a patient with a positive test result for test A if a cutoff value of 4.0 mg/ml is chosen?
Computing the Z scores for the given data and evaluate µ and σ for the population.
A well-established power-drink dispensing machine is programmed to dispense an average of 2.02 liters into a container labled"2 liters". Actual quantities are known to be normally distributed with a standard deviation of 0.015 liters. What is the ..
Given CAPM as the benchmark, is either of the two managers over-performing the market? What if you use the Sharpe Ratio as benchmark? Explain the answer carefully.
Assume that p-value was 0.07, would you reject null hypothesis of equal mean rates for a Type- I error rate of 5%? (Circle one).
Evaluate probability values using normal distribution and How many students earned more than $36,000? _______
Calculate (a) MAD, (b) MSE, and (c) MAPE for the following forecast versus actual sales figures.
Assuming the sample size of 40 can be considered as large, compute the confidence interval for a confidence level of 90%.
Of the 1,4000 homemakers sampled, 420 were able to identify the brand by name. Estimate the value of the population proportion.
A test of hypothesis is conducted at the .05 level of significance to test either or not the population correlation is zero.
What is the distribution of X? State its mean and variance.
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