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The time (in minutes) between telephone calls at an insurance claims office has the exponential probability distribution f(x) = 0.50 e-0.50x for x ≥ 0.
what is the mean time between phone callswhat is probability of 30 seconds or less between phone callswhat is probability of 1 minute or less between phone callswhat is probability of 5 or more minutes without a phone call.
Show that it satisfies the required condition for being a probability distribution.
The marks on a statistics midterm test are normally distributed with a mean of 78 and a standard deviation of 6. What is the probability that a class of 50 has an average midterm mark that is more than 75?
I am conducting research on microscopic toolmark analysis. If I have a toolmark with 27 striations (lines) of varying spatial relationships (orientations),
Forecast 2 out of sample forecasts for the final model using following data: Final Estimates of Parameters AR 1 0.9647 0.0388 24.84 0.000.
Use a 0.05 significance level to test the claim that these credit rating are from a population with a mean that is equal to 700.
The cost of gasoline will decrease or stay the same over the next 30 days because of summer holiday travel. What is your alternative hypothesis statement?
What is the smallest number of consumers that Timex can survey to guarantee a margin of error of .05 or less at a 99% confidence level and calculate the intervals correctly
The Kruskal-Wallis rank test is a nonparametric replacement - The Wilcoxon rank sum test tests a null hypothesis
Rob Johnson is a product manager at Diamond Chemicals, which is considering whether to launch a new product line that will require it to build a new facility.
The following data values are a simple random sample from a population that's normally distributed with (symbol for variance) o2=4.0:
If the weekly average expenditure of all households is $53,000 but an expert argues that the weekly expenditure is more than $53,000, test his claim at a 5% level of significance and interpret your results.
Under proposed plan, how long, on average, will patient stay in ER? On average, how long will Potential Admit stay in ER?
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