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Select a company (maybe your employer) and assess how it uses data in marketing its products or services. (If it is not your employer, find a sizable local company or search the Internet for a company and contact the marketing department.) Specifically, address the following considerations:
15 pieces are selected at random for inspection. What is the probability of exactly 4 defective pieces being found in the sample?
analysis of variance- one way classification.a pharmaceutical company wants to determine whether there is any
If light bulbs have lives that are normally distributed with a mean of 2500 hours and a standard deviation of 500 hours, what percentage of light bulbs have a life less than 2500 hours?
A valid probability model
Assume the observed value of the test statistic is 1.53. What is the smallest level for which there is sufficient evidence to reject H 0 (i.e. the p-value for this test)?
How would you use the binomial distribution in making a business decision during a normal day of work in the career of your choice?
So what you send is what you see, no more and no less. handgun would it be possible to register this firearm? What is the process?
the hit-and-miss manufacturing company produces items that have a probabilitypof being defective. these items are
specify the level of measurement used for each of the following itemsresponse time to flashing imagesrating of job
A researcher claims the average American drinks 52 gallons of cola per year with a population standard deviation of 2.0 gallons. We sample 25 random people and find the mean yearly consumption was 49 gallons.
Suppose that a certain college class contains 54 students. Of these, 34 are sophomores, 35 are psychology majors, and 7 are neither. A student is selected at random from the class.
A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product. To do this, the company randomly chooses 6 small cities and offers the candy bar at different prices.
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