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A prospective employee was told she could average more than $80 a day in tips. Assume the standard deviation of the population is $3.24. Over the first 35 days the employee worked the mean daily amount of her tips was $84.85. At the .01 significance level can we (she) conclude that the true average daily amount of tips is greater than $80? yes or no.....
Assume that 60 percent of the voters in a particular region support a candidate. Find the probability that a sample of 1,000 voters will yield a sample proportion in favor of the candidate within 4 percentage points of the actual proportion.
The following data represents 15 quarters of manufacturing capacity utilization (in percentages) Evaluate three and four quarter moving average for this time series. Which moving average provides the better forecast for the fourth quarter of 2003?
A student is taking a multiple choice exam in which each question has four choices . Assume that the student has knowledge of a correct answer to any of the questions.
At the 0.10 level of significance, is the coin biased toward heads? Show your decision rule and calculations.
What is the 95% confidence interval for the mean number of microwaves sold at a retail store in the chain last week?
We assume that the population is approximately normally distributed. Find the confidence interval: for a confidence level of 95%:
Explain whether the symmetry definition of probability is appropriate with respect to the outcomes in the sample space.
First step of analytical hierarchy process doesn't include?
To find the probabilities values of standard normal variable
Suppose X is a random variable with mean u and variance sigma2, Calculate the mean vector and variance matrix of the random vector Y = (X,2+3X)?
Determine the standard deviation of difference between Sarah's and Richard's scores?
Ten students in a graduate program were randomly selected. Their grade point averages (GPAs) when they entered the program were between 3.5 and 4.0.
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