Percentiles for the standard normal distribution
Find the following percentiles for the standard normal distribution. Interpolate where appropriate. (Round your answers to two decimal places.)
a) 81st
b) 19th
c) 74th
d) 27th
e) 15th
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Calculate the estimate for the standard error of difference between two independent means for s12 = 13, s22 = 20, n1 = 22, and n2 = 30. (Give your answer correct to two decimal places.)
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A company started the year with accounts receivable of $15,000 and an allowance for uncollectible accounts of ($1,500). During this year, sales (on all account) were $110,000 and cash collections for sales amounted to $105,000.
At the a=.05 level of significance, what is the difference, if any, in the population mean times among the four machines? Use Fisher's LSD procedure to test for the quality of the means for machines 2 and 4. Use a .05 level of sginificance.
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Monterey Corporation is considering the purchase of a machine costing $36,000 with a 6-year useful life and no salvage value. Monterey uses straight-line depreciation and assumes that the annual cash inflow from the machine will be received unifor
What is the critical value of z in the previous question? Report the critical value CLOSEST to your calculated z-score. (Answer to 2 decimal places.)
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