Find chance that amount of water is dispensed in given value
The amount of distilled water dispensed by a certain machine is normally distributed with mean value 64oz and standard deviation .78oz. What is the chance the the amount of water is dispensed between 62.5oz and 65oz.
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The monthly starting salaries of students who receive an MBA degree have a standard deviation of $110. What size sample should be selected to obtain a .925 probability of estimating the mean monthly income within $72?
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The amount of distilled water dispensed by a certain machine is normally distributed with mean value 64oz and standard deviation .78oz.
Assume that if X Company accepts the special order, it will have to lower the selling price on each of its regular units to $12.51. Independent of #1, the effect of lowering the selling price will be to decrease company profits by?
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Question: Identify a true statement about validity as applied to a test. Multiple choice question
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