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A car rental company has determined that the probability a car will need service work in any given month is 0.2. The company has 900 cars.
a.What is the probability that more than 200 cars will require service work in a particular month? b.
b.What is the probability that fewer than 175 cars will need service work in a given month?
The frequency distribution below shows the distribution for suspended solid concentration (in PPM) in river water of 50 different waters collected in September 2011.
Why do we do power calculations with single sample z test? A) Because we can use Z area tables to calculate the power. B) Because comparing a sample mean against a population mean is very powerful
At a board meeting of 20 businessmen, all of whom wear ties, what is the probability that:
If writing scores for population have standard deviation of s = 20, does sample give sufficient evidence to conclude that new composition course has significant effect? Suppose a two tailed test with a = 0.05.
Conduct a hypothesis test to determine if the average cardiac outputs measured by the two evaluators differ. Use a significance level of 0.02.
Of the 1,4000 homemakers sampled, 420 were able to identify the brand by name. Compute the standard error of the proportion.
The diameter of stabilizing O-Rings washers manaufactured at a large factory is expected to be normally distributed with a mean of 1.30 inches and a standard deviation of 0.04 inches.
You're responsible for planning parking needed for a new 256-unit apartment complex, and you're told to base the needs on the statistic 'average number of vehicles per household is 1.9'.
Suppose the random variable X is normally distributed with mean =50 and standard deviation =7 calculate P(X).
Evaluate percentage of households in town with one or more cars; attach standard error to be evaluate. If this is no possible, describe why not.
For following two regressions describe and interpret major parts from regression output. write down the difference between two regressions?
Can and how would you apply basic probability concepts to facilitate business decision making? Critically discuss the difference between discrete and continuous probability distributions?
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