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1. Grocery supplier
A grocery supplier believes that the mean number of broken eggs per dozen is 0.6, with a standard deviation of 0.5. You buy 3 dozen eggs without checking them.
a) How many broken eggs do you expect to get?
b) What's the standard deviation?
2. Is it necessary to assume the cartons of eggs are independent? Why?Commuting, part 2. A commuter finds that she waits an average of 14.8 seconds at each of five stoplights, with a standard deviation of 9.2 seconds. Find the mean and the standard deviation of the total amount of time she waits at all five lights. What, if anything, did you assume?
Leasing agents from the Triangle Mall Management Corporation have suggested that Sunflowers Apparel considered several locations in some of Triangles newly renovated lifestyle malls that cater to shoppers with higher than mean disposable income.
Explain what is meant by subjective probability. Research the Internet, and provide a business-related example in which subjective probability assessment would likely be used (be sure to cite your sources).
When we take the sample of 100 of these average is $500 and SD is $100. (a) Determine statement to make about range $300 to $700?
rochester-electro-medical inc. is a manufacturing company based in tampa florida that produces medical products.
The expected value of the number of simple random samples of size 20 that must be drawn until (and including) the first sample that contains at least one voter who is neither a Democrat nor a Republican is?
a certain species of tree has an average life span of 130 ears. a researcher has notice a large number of trees of this
Normal distribution with mean $60,000 and standard deviation $8000. Four electricians are selected at random from this population to be shipped to another region.
question 1using the telephone numbers listed in your local directory as your population randomly obtain 20 samples of
the ebit of a firm is 300 the tax rate is 35 the depreciation is 20 capital expenditures are 60 and the increase in net
If you must estimate the population mean within 2 days, how many outside salespeople should you sample? Use the 90 percent confidence level.
let x be a continuous random variable whose probability density function isfxx3 4for an interval 0 lt x lt c.what is
In a random sample of 16 mountain climbers who are going to attempt Mt. Mckinley, what is the probability that at least 10 reach the summit?
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