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You want to give a bonus to the top 5% of your sales people and extra special attention to the bottom 25%. Average sales are $50,000 with a standard deviation of $10,000.
a. What is the minimum that must be sold to earn the bonus?
b. What is the minimum that must be sold to avoid the extra special attention?
students in an introductory statistics class were asked to report the age of their mothers when they were born.
Each egg was also measured for volume using a water displacement method. We wanted to know if the two methods agreed or not
A trans-oceanic airline conducted a study to determine whether the average weight of baggage checked by a passenger differs significantly from 45 pounds.
The student with the 92 found a grading error on her exam and her correct grade was 95. There were no other grading errors. After correcting this student's paper, the five number summary for the midterm exam will be
Perform the appropriate test for a difference in mean blood glucose and report the p-value for the two-tailed test of significance, assuming that the variances are equal.
Determine the average score for ERAU graduates? Determine the value of test statistic? Significance level?
State the correct decision and give justification for your decision.
A study of 20 worldwide financial institutions shows the correlation between their assets and pretax profit to be .86. At the .05 significant levels, can we conclude that there is positive correlation in the population?
The number of cell phone minutes used by high school seniors follows a normal distribution with a mean of 500 and a standard deviation of 50. What is the probability that a student uses fewer than 400 minutes?
explain the difference between qualitative quantitative discrete and continuous
in order to determine the average weight of carry-on luggage by passengers in airplanes a sample of 16 pieces of
Explain can you find out statistical support in this poll for that statement. When it comes to the war in Iraq, among which of the subsiquent statements comes closer to your point of view.
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