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Although cities encourage carpooling to reduce traffic congestion, most vehicles carry only one person. For example, 70% of vehicles on the roads in Winnipeg during rush hour are occupied by just the driver. If you choose 12 vehicles at random, what is the probability that 7 or more carry just the driver?
The distribution of sample mean for samples of 500 homes is normal with a mean of 2.64 and a standard deviation of 0.06. Suppose you select a random sample of n=500 homes and determine that the mean number of people per home for this sample id 2.5..
Negatively correlated and that the area of the home and the selling price are positively correlated? Use the .05 significance level. Report the p- value of the test.
You are given an annual time series with 40 consecutive values and asked to fit a fifth-order autoregressive model.
Assume a mean wage of $1,000 and standard deviation of $100. What's the probability of finding an employee with a wage of between $790 and $1000?
If a Normal model is useful for describing slalom times, approximately how many of the other 35 skiers finishing the event would you expect skied the slalom faster than Jean-Baptiste?
Construct a 95% confidence interval estimate for the population proportion of adults who report that e-mails are easy to misinterpret.
The sales of Lexus automobiles in the Detroit area follow a Poisson distribution with a mean of 3 per day. What is the probability that for five consecutive days at least one Lexus is sold?
Calculate the value of Pearson correlation. Illustrate what information is provided by the numerical value of the Pearson correlation.
What percentage of the dealer prices for the Mercedes CLK350 Coupe is more than $43,000 and hence priced out of the BMW 3 Series Coupe 335i market?
Let p vary from 0.02 to 0.20 in increments of 0.02. b) Sketch the graph of the probabilities of the lot acceptance as the p value varies from 0.02 to 0.20.
If a member of this senior class is selected at random, find the probability that the student a) smokes but does not drink alcoholic beverages; b) eats between meals and drinks alcoholic beverages but does not smoke; c) neither smokes nor eats bet..
The salaries of the employees of a corporation are normally distributed with a mean of $25,000 and a standard deviation of $5,000.
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