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The mean starting salary for college graduates in the spring of 2000 was$31,280. Assume that the distribution of starting salaries follows the normal distribution with a standard deviation of 3,330. That percent of the graduates have starting salaries:
1) Between 30000 and 35000.
2) More than 40000
The availability of venture capital provided by big boost in funds available to companies recent years. According to Venture Economics, 2,000 venture capital disbursements were made in 1999.
A poll found that 38% of male voters and 46% of female voters support a particular candidate. To test whether this candidate has equal levels of support between male and female voters, the null hypothesis should be:
What is the probability that the first order will come on the fourth sales call of the day? Please show work and round to 4 decimal places.
95% confidence interval evaluate for proportion of Americans who believe Abraham Lincoln is United States' most outstanding President is 65% to 75%. If more precise estimate is requested, then confidence level.
Explain in your own words why the test statistic for Goodness-of-Fit is similar to the calculation for Population Standard Deviation.
Nine percent of undergraduate students carry credit card balances greater than $7000. Presume 10 undergraduate students are selected randomly to be interviewed about credit card usage.
Using the Census data, the OH Registry of Motor Vehicles reveal the subsequent about the Autos owned by the 10 families residing in Smallville.
An American put option to sell a swiss franc for dollars has a strike price of $0.80 and a time to maturity of one year. The volatility of the swiss franc is 10%
Please give an example on higher wages vs. education level using a sample population of 30 men and women. Compute the measures of central tendency, dispersion, and skew for your data
We are asked to investigate the hypothesis that the number of crimes is related to police expenditures because states with higher crime rates are likely to increase their police force, thereby spending more on the number of officers on the street.
Make use of Excel to determine the right-tail p-value.
Define the Linear programming problem (LPP)
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