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The "fun size" of a Snickers bar is supposed to weigh 20 grams. Because the punishment for selling candy bars that weigh less than 20 grams is so severe, the manufacturer calibrates the machine so that the mean weight is 20.1 grams. The quality-control engineer at M&M-Mars, the company that a manufacturer Snicker bars, is concerned that the candy does not weigh 20.1 grams. She obtains a random sample of 42 candy bars, weighs them, and obtains a mean weight of 20.3 grams with a standard deviation of 0.64 grams. Test the claim that the Snickers bars have a mean weight that is different than 20.1 grams. Because shutting down the plant is very expensive, test the claim at the .01 level of significance.
You play a game with two possible outcomes. Outcome A has probability 0.4 and outcome B has probability 0.6. When B occurs you win $2.00; otherwise, you lose $1.00. What is your expected value for this game?
Compute the score based on their appropriate class means and standard deviations:
Linear programming problems. Computethe following linear programming problem. Among which of the following points (X,Y) is feasible.
Then describe trade-offs which will happen when you lower sample to $10,000 to meet their budget.
Compute SS, variance, and standard deviation for following population of N = 7.Scores: 8, 1, 4, 3, 5, 3, and 4. The definitional formula works well with these scores. Use the definitional formula to compute SS.
Calculate the Pearson correlation for these data also determine whether there is a significant correlation among attitudes for husbands also wives.
Create a set of n observations from the binomial distribution with 1 trial and the event probability of 0.007, where n is your answer.
Which of the following would be most helpful in assessing the practical significance of a test of hypotheses about a proportion?
Write ten-step study plan with suitable example that will permit you to analyze your data.
Otherwise you lose $1. If you make this wager very many times, what will be the mean outcome?
A recent census of a small town in Michigan showed that 60% of the residents are male, 20% have college degrees, and 15% are both male and college graduates.
What is the probability the average of the sample is more than $38000 and What is the standard deviation of the sample mean
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