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An auditor desires to determine what proportion of a bank's commercial loan files is complete. The auditor randomly samples 60 files and finds 12 are incomplete.
Suppose that a practitioner decides to employ a control chart with 2.5-sigma limits. If normality can be supposed (as well as known parameter values), Determine the numerical value of the in-control
A researcher fails to find out a significant difference in mean blood pressure in 36 matched pairs. The standard deviation of differences was 5mmHg. What was the power of test to find out a mean dif
Let Y1 and Y2 be two independent random variables such that each Yi has the uniform distribution on interval (0,i). Let the random variable W be stated as W = max (Y1,Y2). Find out the probability d
Suppose a population with µ 65.7 and s =5.52. Compute the z-score for x =63.1 from a sample of size 13.
A nursing school wants to determine the true mean annual income of its alumni. It randomly samples 120 of its alumni. The annual income was $58,700 with standard deviation of $1,500. Find out a 95%
Assume that 65% of all those who enroll at the university of Iowa finish in six years. What is the probability that 5 freshman selected at random will all finish in six years?
Suppose that the probability of a male birth is 0.5 and that the binomial distribution is applicable. Determine the probability that a couple with a) 3 children has at least 2 boys;2)5 children has
Given the level of confidence of 95% and population standard deviation of 11, answer the following: What other information is essential to find out the sample size (n)?
Compute the covariance of the two payment times.
Results of the public opinion poll reported on the Internet indicated that 69% of the respondents rated the cost of gasoline as a crisis or major problem.
Determine the expected time in minutes before the first buy after the site opens? Provide your answer to four decimal places.
Ten percent of the company's life insurance policyholders are smokers. The rest are nonsmokers. For each and every nonsmoker, the probability of dying throughout the year is 0.01.
The rejection region of the hypothesis test is F>F(0.05,11,11)=2.82 and the test statistic is F=2.2644 at a level of the significance 0.05. How would you find out the p-value of this test? (Pleas
A professional baseball pitcher permits no runs in the inning 67% of the time. Suppose that the pitcher's performance in one inning is independent of his performance in the other innings. Determine
For the level of significance 0.10 and given v1=20, v2=30, determine the rejection region which should be employed to test the null hypothesis sigma1^2 = sigma2^2 against the alternate hypothesis si
Employ the hypothesis test to find whether there is linear relationship between Monthly Sales and the Month of the sale at the 0.05 significance level
What value for the missing mean would consequence in no interaction (SS = 0)? Note that the values shown in the matrix are treatment means. As well note that one of the cell means is missing.
A book has 500 misprints in 500 pages. Assuming misprinting is random what is the probability of at least 3 misprints on a page? (Use Poisson)
Supposing all sex distributions to be equally probable, what proportion of the families with exactly six children must be expected to have three boys as well as three girls?
An analysis of variance is employed to assess the mean differences among three treatment situations. The analysis produces SSwithin treatments = 20, SSbetween treatments = 40, and SStotal = 60. For
A certain kind of stainless steel powder is supposed to have the mean particle diameter of μ = 15 μm. A random sample of 87 particles had the mean diameter of 15.2 μm, with standard deviati
Let X denotes the amount of money the player receives. Determine the cumulative distribution function (the equation) of X? NOTE: This will most likely be a mixed distribution due to the spinner.
A liquid form of the penicillin manufactured by a pharmaceutical firm is sold in bulk at a price of $200 per unit. If the total production cost (in dollars) for X units is: