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The auto parts department of an automotive dealership sends out an average of 8 special orders daily. The number of special orders is assumed to follow a Poisson distribution.
a) What is the probability that for any day, the number of special orders sent out will be more than 4?
b) What is the standard deviation of the number of special orders sent out daily?
Based on this data, give a 95% confidence interval for the average MAO activity level of bulimic patients. Assume that the level of MAO activity is normally distributed.
Compare two month moving average also exponential smoothing using MAD. The subsiquent data represents demand for company ABC's products for the last 10 months.
The 95% confidence interval is defined as ____. a) an interval such that we are 95% confident that the population value lies within the interval b) an interval such that the probability is 0.95 that the interval contains the population value
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?
If the company does not want to replace more than 5% of the televisions?
An experiment consists of flipping the fair coin three times and noting the number of heads and tails. A random variable x is defined to be two times the number of heads plus the number of tails.
A member of Congress wants to determine her popularity in a certain part of the state. She indicates that the proportion of voters who will vote for her must be estimated within plus or minus 2 percent of the population proportion.
Calculate the expected value and standard deviation of the value.
What is the possibility that for a arbitrarily selected customer the service time could exceed 3 minutes?
There are predictable stages through which every critical thinker must pass. Under what circumstances might one regress from one stage to a previous one?
By constructing null and alternative hypotheses, computing critical values, and comparing test statistic to critical value.
The time required to complete a final examination in a particular college course is normally distributed with a mean of 80 minutes and a standard deviation of 10 minutes. Answer the following questions. a) What is the probability of completing the..
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