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Your company is submitting bids for two different projects, project A and project B. Based on their research, your company experts estimate that the probability of winning the bid for project A is 0.50 and the probability of winning the bid for project B is 0.30. Their research has also shown that if the company wins one bid, the chance of winning the other bid is reduced to half of the original probability. Using this information, answer the following questions:
1) What is the probability of winning the bid both projects?
2) What is the probability of winning at least one of the bids?
Compute the 90% confidence interval about m if the sample size, n, is 55. How does does increasing the sample size affect the margin of error, E?
Carry out the appropriate hypothesis test for testing the null hypothesis that the correlation between FEV values is greater among identical twins than among faternal twins.
As a part of the editorial a random sample of 260 households showed 170 own pets. Does this data disagree with the Pet Food Dealers Association data? Use a 0.05 level of significance.
Eestimated values of the dependent variable observed values of the dependent variable and the estimated values of the dependent variable None of these answers is correct.
LPP using the graphical method. Solveout the following linear programming problem utilizing the corner point method.
a time standard was set as 0.20 hour per unit based on the 80th unit produced. if the task has a 80 percent learning
the mampm mars company claims that the percentage of brown mampms they produce is 13. a bag containing 100 mampms was
A professor want to know how students feel about gun control, so he surveys his students asking %60Are you in favor or opposed to gun control.%60 All of his students respond. What is the major source of possible bias in this study?
Another location if it meant a substantial promotion. Based on these findings, write a brief note to management regarding all executives in the firm.
Suppose that you are the director of an insurance adjustment office. Your office has just received 140 insurance claims to be processed in the next few days half or more of the claims have been padded.
According to studies, 1% of all patients who undergo laser surgery to correct their vision have serious post laser vision problems. In a sample of 95,000 patients, what is the approximate probability that fewer than 960 will experience serious..
A study of injuries to in line skaters used data from the National Electronic Injury Surveillance System, which collects data from a random sample of hospital emergency rooms.
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