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You toss a die and your payoff is f(x) = ( 0 if x = 0 x 2 otherwise. What is the optimal strategy and what is your expected winnings if you use the optimal strategy?
Quality Progress, February 2005, reports on improvements in customer satisfaction and loyalty made by Bank of America. A key measure of customer satisfaction is the response (on a scale from 1 to 10) to the question
Compute a 90 percent confidence interval for the difference among the two population proportions. The CEO of the company would like to find out if Canadians.
Let x1, ..., xn be a random sample from an exponential distribution, X ~ EXP(theta) a) If x(bar) = 17.9 with n = 50, then find a one-sided lower 95% confidence limit for theta.
Does the evidence suggest that postpartum women do not get enough sleep? Use =0.05 level of significance. How is the problem set up using the classical and P-value approach?
desrcribe situations where a normal distribution provides a good approximatioon of the sampling distribution of the
suppose a car manufacturer believes its windscreen wipers will last on average for three years on their cars if driven
The mean body mass index (BMI) for boys age 12 is 23.6. an investigator wants to test if the BMI is higher in boys age 12 living in new york city.
Interpret a scatter diagram - Explain the relationship between the hours each student of a school spends in after school jobs each week and their grade average.
C-Spec has determined that the machine has a sample mean of 4.001 inches with a standard deviation of .002 inch. Calculate the (capability index) for this machine.
Generate a 95% confidence interval for the true mean total cholesterol levels in children.
Exponential probability density function
in the november 1990 issue of chemical engineering progress a study discussed the percent purity of oxygen from a
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