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If the results of a t-test lead you to reject the null hypothesis, what is the probability that you have made a Type II error?
If the dean wanted a 90% confidence interval of mean annual salary of graduates with width no more than $3,000, how large a sample of graduates would she need?
Given the EOQ, what is the average inventory? What is the annual inventory holding cost and in minimizing cost, how many orders would be made each year? What would be the annual ordering cost
Suppose that the actual mean value in the population is , what is the probability of a Type II error (incorrectly accepting a false null hypothesis)?
In order to get some uniformity in taste, it is better to randomly assign the trucks to the four plants. Develop a design using the random assignment procedure.
it is found that when a particular 4-sided die is rolled a 1 occurs 25.8 of the time a 2 occurs 24.6 of the time a 3
The bank wishes to inform prospective customers that '99 times out 100 we can process your application in q working days'. Assuming that the normal distribution is still an adequate model, calculate q.
a regional director responsible for business development in the state of pennsylvania is concerned about the number of
Use the correct formula to find the probability that, out of 45 houses, exactly 4 of the houses will be burglarized. Show your calculations or explain how you found the probability.
where negative values are indicative of the flight's being early and positive values are indicative of its being late. Find the probabilities that one of these flights will be
paul is conducting a study on the dollar value of orders placed with various suppliers. a sample of 10 orders showed
How would I go about finding a 95% confidence interval for the population mean if a sample of size 20 has a mean of 18.2 and a sample standard deviation of 3.6?
The diameters of certain cylindrical items produced by a machine are r.v.'s distributed as N(m, 0.01). A sample of size 16 is taken and is found that x¯ = 2.48 inches.
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