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Resistors produced by a certain firm are marketed as 10-ohm resistors. However, the actual resistances of the resistors may vary. It is observed that 5% of the values are below 9.5 ohms and 10% are above 10.5 ohms. If two of these resistors, randomly selected, are used in a system, find the probability that:
(a) both have actual values between 9.5 and 10.5 ohms
(b) at least one has an actual value in excess of 10.5 ohms
Compute expected value for each of three actions and find out if manager must accept, further analyze, or reject the lot? Determine expected value of perfect information (EVPI)?
Using the .05 level of significance: a) Is there a difference among types of gasoline? b) Is there a difference in the cars?
Using the data for women, complete an analysis of CHD incidence in women similar to the one completed for men.
question sadik inc.s bonds currently sell for 1280 and have a par value of 1000. they pay a 135 annual coupon and have
A pollster calls 500 randomly selected people and all 500 respond to her first question. Because the subjects agreed to respond, is the sample a voluntary response sample?
At the 0.01 level of significance, test the claim that the mean is less than 342 km. Should the storage yard be moved? Give your reasons.
a small company has 10 employees that receive a monthly paycheck and you calculate the mean and standard deviation for
Pilot sample of 30 items indicates a sample standard deviation of 900. Determine the required sample size if the confidence level is 90%.
The letters of the word PRESERVE are arranged at random. Then what is the probability that all the 3 E's occur together??
What is the difference between the Confidence Interval and the Prediction Interval given in a Minitab printout of a multiple regression? When do you use each?
Write a paragraph summarizing the results of the analysis and determine whether the calculated values of chi-square are statistically significant
What is the idea of "least squares"? What is the connection between "least squares" and linear regression?
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