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The mean number of hours of flying time for pilots at Continental Airlines is 49 hours per month (The Wall Street Journal, February 25, 2003). Assume that this mean was based on actual flying times for a sample of 100 Continental pilots and that the sample standard deviation was 8.5 hours.
a. At 95% confidence, what is the margin of error?
b. What is the 95% confidence interval estimate of the population mean flying time for the pilots?
c. The mean number of hours of flying time for pilots at United Airlines is 36 hours per month. Use your results from part (b) to discuss differences between the flying times for the pilots at the two airlines. The Wall Street Journal reported United Airlines as having the highest labor cost among all airlines. Does the information in this exercise provide insight as to why United Airlines might expect higher labor costs?
note: Raw material costs 15 500 Direct Labor Costs: 14 750 Overhead costs 11 800 plant Finished Goods 37 500 Raw materials are charged into an order that is still in the process
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Define Allocate To split a lump-sum appropriation into parts that are specific for expenses by particular government models and/or for particular requirements, actions, or things.
the first four moments of a distribution about the mean are 0,16,-64 and 162.what is the standard deviation ?
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1. Sketch and explain different regions of a pressure-volume diagram of a full cardiac cycle. 2. Sketch and explain the relationship between cardiac output and end-diastolic vol
The following data shows marks obtained by 40 students in a Statistics test. 75 99 72 54 25 40 65 32 69 10 85 48 52 80 63 64 35 62 51 71 67 57 95 74 56 69 61 49 45 63 39
Find a population data set that contains six entries, has a mean of 5, and has a standard deviation of 2
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