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It is reported that 21% of American households use a cell phone exclusively for their telephone service. In a sample of eight households, find the probability that:
a. No household uses a cell phone as their exclusive telephone service. (Round your answer to 4 decimal places.)
b. Exactly 2 households exclusively use a cell phone for telephone service. (Round your answer to 4 decimal places.)
c. Find the mean number of households exclusively using cell phones. (Round your answer to 4 decimal places.)
Suppose we have private values but types are correlated. Find the optimal auction amongst the class of all-pay auctions.
a random variable x follows a normal distribution with a mean of 10 and standard deviation of 3. a standardized value
Show that if in the Law of Large Numbers we omit the assumption that all the X have the same mean and replace the m in the conclusion by [E(X1)+...+E(Xn)]/n, the law remains valid.
Using the .10 level of significance, can we conclude that the assembly time using the new method is faster?
What does the result suggest about the effectiveness of cigarette filters?
A 95% confidence interval for a population proportion yielded the interval (.678, .764). Show your work. 1. Compute the margin of error.
suppose you have a bag of 150 marbles 52 are all red 23 are all green 40 are all blue 9 are red and green 14 are green
an important application of regression analysis in accounting is in the estimation of cost. bycollecting data on volume
A film developer claims that the mean number of pictures developed for a camera with 24 exposer is less than 22. If the hypothesis test is preformed, how should you interpret a decision a)reject the null hypothesis and b) fail to reject the null h..
utility analysis is a sophisticated theoretical approach to decision-making. list a few of your personal decision
Perform the appropriate test of hypothesis to determine whether Kim's average time has changed. Use alpha=.01. Compute the power of the test if Kim's actual mean swimming time is 147.3 seconds. Interpret the results.
h-p is said to be the leading seller of pc's in the U.S WITH 27% share of the pc market. if a researcher selects 130 recent pc purchases
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