• Q : Mean payroll of the teams....
    Basic Statistics :

    Conduct a test of hypothesis to determine whether the mean payroll of the teams was different from 80 million. .05 is the significance level. The salary for 2010 was 3,2978,28.00. How do I calculate

  • Q : Researcher for a professional research firm....
    Basic Statistics :

    You are a researcher for a professional research firm. Your firm has won a contract to do a study for an air travel industry publication. The editors of the publication would like to know their read

  • Q : Probability of a getting total of two....
    Basic Statistics :

    Suppose you roll a die three times. What is the probability of a getting total of two 5s from all three rolls of dice?

  • Q : Represent the occurrence of structural loads....
    Basic Statistics :

    An article suggests that a Poisson process can be used to represent the occurrence of structural loads over time. Suppose the mean time between occurrences of loads is 0.5 year.

  • Q : Maximum of six reservations for a trip....
    Basic Statistics :

    An airport limousine can accommodate up to four passengers on any one trip. The company will accept a maximum of six reservations for a trip, and a passenger must have a reservation.

  • Q : Appropriate table in the appendix of tables....
    Basic Statistics :

    What is the probability that the number among the 25 who received a special accommodation is within 2 standard deviations of the number you would expect to be accommodated? You may need to use the a

  • Q : Probability that the average service time....
    Basic Statistics :

    Suppose the service time, in minutes, at a bank has the Exponential distribution with lambda = 1/2. Use the central limit theorem to estimate the probability that the average service time of the fir

  • Q : Exponential distribution with lambda....
    Basic Statistics :

    Suppose the service time, in minutes, at a bank has the Exponential distribution with lambda = 1/2. Use the central limit theorem to estimate the probability that the average service time of the fir

  • Q : Foreman for an injection-molding firm....
    Basic Statistics :

    A foreman for an injection-molding firm admits that on 11% of his shifts, he forgets to shut off the injection machine on his line. This causes the machine to overheat, increasing the probability th

  • Q : Injection-molding firm....
    Basic Statistics :

    A foreman for an injection-molding firm admits that on 11% of his shifts, he forgets to shut off the injection machine on his line. This causes the machine to overheat, increasing the probability th

  • Q : Internal rate of return....
    Basic Statistics :

    A project has the following cash flows. What is the internal rate of return? Year 0 1 2 3 Cash flow -$121,000 68,150 $42,200 $39,100 14.39% 13.47% 14.82% 12.71% 13.85%

  • Q : Internal rate of return....
    Basic Statistics :

    A project has the following cash flows. What is the internal rate of return? Year 0 1 2 3 Cash flow -$121,000 68,150 $42,200 $39,100 14.39% 13.47% 14.82% 12.71% 13.85%

  • Q : Exponential distribution with lambda....
    Basic Statistics :

    Suppose the service time, in minutes, at a bank has the Exponential distribution with lambda = 1/2. Use the central limit theorem to estimate the probability that the average service time of the fir

  • Q : Probability that at least....
    Basic Statistics :

    A piggy bank contains one penny, one nickel, one dime, and one quarter. It is shaken until two coins fall out at random. What is the probability that at least $0.30 fall out?

  • Q : Claim regarding the effectiveness of the dosage....
    Basic Statistics :

    An experimenter has prepared a drug dosge level that she claims will induce sleep for 80% of the people suffering from insomnia. After examining the dosage, we feel that her claim regarding the effe

  • Q : Calculate the p-value....
    Basic Statistics :

    Can this company be accused of paying substandard wages? Use alpha = 0.01 level test. Calculate the p-value. Does it suggest the same as your HT?

  • Q : Sides of a die are painted red....
    Basic Statistics :

    Three sides of a die are painted red, 2 sides yellow, and 1 side blue. What is the probability that when this die is thrown, the face that comes up is not red?

  • Q : Probability of death due to lung cancer....
    Basic Statistics :

    A study of residents of a region showed 20% were smokers. The probability of death due to lung cancer, given that a person smoked, was ten times the probability of death due to lung cancer, given th

  • Q : Longest streak of consecutive shots....
    Basic Statistics :

    In one season of 30 basketball games, what would you expect is the longest streak of consecutive shots made for a 40% shooter who shoots on average 20 shots per game? (Assume that the "Hot Hand" doe

  • Q : Two cards from a standard dock....
    Basic Statistics :

    Peggy has drawn two cards from a standard dock and obtained an Ace of clubs and a King of clubs. If Peggy draws three more cards, in how many selection can Peggy get

  • Q : Two cards from a standard dock....
    Basic Statistics :

    Peggy has drawn two cards from a standard dock and obtained an Ace of clubs and a King of clubs. If Peggy draws three more cards, in how many selection can Peggy get

  • Q : Nurses in a nursing home....
    Basic Statistics :

    If there are 50 nurses in a nursing home, how would you randomly select 10 of them to participate in your study? Please be descriptive in your answer

  • Q : Z-score to the new distribution....
    Basic Statistics :

    Raw scores on behavioral tests are often transformed for easier comparison. A test of reading ability has mean 69 and standard deviation 8 when given to third graders. Sixth graders have mean score

  • Q : Number of adults in a household....
    Basic Statistics :

    For which of the following variables would cumulative percentages be readily interpretable? Number of adults in a household

  • Q : Arguments of the first two logarithm terms in the expression....
    Basic Statistics :

    Derive De Moivre's result log(Q/M)=-(2t^2)/n or equivalently log(M/Q)=(2t^2)/n.(Hint: Divide the arguments of the first two logarithm terms in the expression in the text by m. Then simplify and repl

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