How likely is it to observe a sample mean less value
The sample mean=0.9075 and standard deviation=0.03. If the true process mean=0.93, how likely is it to observe a sample mean less than or equal to 0.9075? Based on this probability, does it appear that the process mean is below target?
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Daniel is considering selling two stocks that have not fared well over recent years. A friend recently informed Daniel that one of his stocks has a special designation.
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How likely is it to observe a sample mean less than or equal to 0.9075? Based on this probability, does it appear that the process mean is below target?
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Van Den Borsh Corp. has annual sales of $50,735,000, an average inventory level of $15,012,000, and average accounts receivable of $10,008,000. The firm's cost of goods sold is 85% of sales.
Madura Inc. wants to increase its free cash flow by $180 million during the coming year, which should result in a higher EVA and stock price. The CFO has made these projections for the upcoming year:
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