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The shop wishes to hire new machinists. Three grades are available:
Expert Journeyman Apprentice
The budget for the new machinists is $4000 per week (5-day week)
The shop wants a minimum of 60 man-years experience and wishes to maximize productivity
What machinists should they hire?
A random sample of 25 injections resulted in a variance of 0.135 test if the apparatus has a greater variance than the desired one.
What is the probability that none are a commercial success?
Identify each of the random variables as continuous or discrete.
Determine probability, P(Z
Find out best decision, by using following decision criteria.
In which category is ANOVA properly classified?
A sample of approx 25 students enrolled in the university points out that X (bar) = $315.4 and s = $43.20.
Sun Microsystems has approximately 50% of the high-end Unix machines market with its closest competitor being IBM. Suppose that 15 firms were in the market to purchase a high-end Unix machine. Assume that these firms listened to sales pitches by a..
Your customers have been divided into 3 groups. The first group represents 15% of customers, and these customers spent an average of $29.76 last year.
It is suspected that the mean turnover has changed and is not 6.0. Use the .05 significance level. Give the formula for the test statistic.
Develop a joint probability table for these data. If a student goes full time, determine the probability that school quality is first reason for selecting a school?
As sample size increases, the standard error of M _______________ .
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