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The average diameter of sand dollars on a certain island is 4.50 centimeters with a standard deviation of 1.00 centimeters. If 9 sand dollars are chosen at random for a collection, find the probability that the average diameter of those sand dollars is more than 4.13 centimeters. Assume that the variable is normally distributed.
M&M Confidence Interval regarding the count of each color of M&M contained in a "fun size" bag of M&Ms for hypothesis testing. Use the traditional hypothesis testing method,
The samples do indicate that university A's students are younger than university B's; but is the difference significant at the 1% level?
When the conditionally and unconditionally expected values of a discrete random variable would be different?
It is generally believed that electrical problems affect about 14% of new cars. An automobile mechanic conducts diagnostic tests on 128 new cars on the lot. What is the standard deviation for the sample proportion?
Compute the unit manufacturing cost of the product under the contribution approach. Compute the effect on net income of accepting a special order for 500 units at $10 per unit assuming excess capacity.
When assigning probabilities of two simple events, can we assume that each event is always equally likely to occur and, thus assign .5 to each event?
Investigate the comparative pros and cons of the mean and the median. Find examples where the mean is more appropriate than the median and vice-versa. Discuss the locations of the mean, median and mode for a normal, left-skewed and right-skewed di..
Given that SAT test scores are normally distributed with a mean of 1000 and a standard deviation of 200, what is the lowest possible score a student needs to qualify for acceptance into the university?
Assume that 12 percent of adults in this country have filed for bankruptcy at some point in their life.
The monthly income of residents of Dayton is normally distributed with a mean of $3000 and a standard deviation of $500.
Let x = number of the ball obtained on any selection. Then the probability distribution for x is given by:
Select the variable team salary and find the mean, median, and the standard deviation
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