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BestCoffeeInTown is concerned that the mean wait time of customers for a table is not greater than 7 minutes. It can be assumed that the population standard deviation is 2.8 minutes based on past experience. A sample of 300 customers is selected and the sample mean is 7.6 minutes. Using a level of significance of .01, is there evidence that the population mean wait time is greater than 7 minutes? Fully explain your answer.
the ages of five randomly chosen professors are 62 59 51 60 and 41. calculate the sample variance of these ages. if the
Develop a loan amortization project using Excel spreadsheets. This can be a car loan or a home mortgage. You will develop two alternative loan schedules using realistic rates and repayment schedules and write up a comparison of your two amortizati..
the annual income from the certificate of deposit is $200 more than the annual income from the mutual fund. how much money was put into each fund?
A manufacturer drills a hole through the centre of a metal sphere of radius 5cm. The hole has radius 3cm. What is the volume of the remaining ring?
a company decides to add a new program that prepares randomly selected sales personnel to increase their number of
To accomplish this reduction, management decides that the new bar should have teh same 3-cm thickness, but the length and width of each should be reduced an equal number of centimers. What should be the dimensions of the new candy bar?
When a student is taught how to find the mean of a set of data, why might the child have a difficult time accepting the answer? Please explain in details and give example.
Write the converse of this statement. Is the converse true. Explain. Write the contrapositive of this statement. Is the converse true. Explain.
Evaluate the constant of variation and write an equation of direct variation
Solve equations and systems of equations in two variables, formulate real-world problems in terms of linear equations and solve these systems by several commonly applied methods.
What is the planning value for the population standard deviation? How large a sample should be taken if the desired margin of error is.
A rectangle that is 2x feet wide is inscribed in an ellipse of equation 9x^2+16y^2=144. Express the area of the rectangle as a function of x.
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