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In 2005, the average fee for H&R Block Executive Tax Service was $118.96. Assume that the standard deviation of the fees was $50.00 but that we have no idea Regarding the shape of the population distribution. What is the probability that the mean fee for a sample of 30 customers was less than $125?
A researcher hypothesizes that individuals who listen to classical music will score differently from the general population on a test of spatial ability. On a standardized test of spatial ability, µ =58.A random sample of 14 individuals who listen..
The owner of Western Clothing Company has determined that the company must sell 670 pairs of denim jeans each month to break even (i.e., to reach the point where total revenue equals total cost).
The average delivery time is 26.7 with a standard deviation of 8.527. If the customer estimates the time using a 99% confidence interval, what is the margin of error?
Draw two pie charts, which allow the total yearly exports to be compared. Explain the trend in the export of fish as shown in the two pie charts.
The Martin Company is in the process of planning for new production facilities and developing a more efficient distribution system design. At present, it has one plant at St.Louis with a capacity of 30000 units.
Find the probability that there are two oral proposals and two written proposals in a particular week. Find the probability that there are exactly two oral proposals and two or fewer written proposals in a particular week.
To be 99% sure that we will not be late in completing the project, what is the requested completion time in work-days?
Determine the least square trend equation. Estimate the number of employees in 2008. By how much the number of employees decreases (or increases) per year on the average?
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?
Suppose a coin is flipped and a die is rolled. Let E1 denote the event "the coin shows a tail", let E2 denote the event "the dies shows a 3", and let E3 denote the event "the coin shows heads and the die shows an odd number".
If you buy a box of Wisk, the probability of getting a scoop is 97%. If you buy 9 boxes over the next several months, what is the probability of missing two scoops?
The past history shows that 60% of employees prefer Starbucks brand coffee. A sample of 5 employees is selected, what is the probability that less than 3 prefer Starbucks?
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