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Tickets
A delivery company s trucks occasionally get parking tickets, and based on past experience, the company plans that the trucks will average 1.3 tickets a month, with a standard deviation of 0.7 tickets.
a) If they have 18 trucks, what are the mean and standard deviation of the total number of parking tickets the company will have to pay this month?
b) What assumption did you make in answering this question?
Apply Porter's value chain model to Costco (www.costco .com). What is Costco's competitive strategy? Who are Costco's major competitors? Describe Costco's business model.
a population has a mean of 300 and a standard deviation of 24. a simple random sample of 144 observations will be
Write a statistical null and alternate hypothesis and draw a conclusion about the relative safety of the three types of seats.
A recent study at a local college claimed that the proportion of students who commute more than fifteen miles to school is no more than 25%.
If an operator can handle at most five calls per minute, what is the probability that the operator will be unable to handle the calls in any 1-minute period?
When you give a casino $10 for a bet on the "pass line" in the game of craps, there is a 244/495 probability that you will win $10 and a 251/495 probability that you will lose $10. What is your expected value?
Identify a business research topic and define the research questions for the identified problem or opportunity - What does the relevant literature in the field indicate about this problem?
This question related to Basic Statistics and discuss about calculation of range, interquartile range, variance and standard deviation
suppose that an investigator believes that virtually all values in the population are between 38 and 70. the
He reviews the last eight months at dealership B and finds the standard deviation of the eight monthly sales to be 22.95. Using the .01 significance level does the analyst find evidence that the boast of dealership A is correct?
Given that the population standard deviation is not known, which of these two confidence intervals should be used as the interval estimate for μ?
Perfam is a manufacturer of fragrances for women. It currently sells two brands, one called Allure, which is sold to wholesalers for $40, and another called Beauty, which is sold to wholesalers for $20. It is considering adding a mid-priced brand c..
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