Standard deviation of the total thickness
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What is mental accounting and how does it impact consumer decision making? How might a company take advantage of consumers' mental accounting? Give examples.
A newspaper finds that the mean number of typographical errors per page is four. Find the probability that more than three typographical errors are found on a page.
Test the hypothesis that the average content of containers of a particular lubricant is 10 liters if the contents of a random sample of 10 containers are 10.2, 9.7, 10.1, 10.3, 10.1, 9.8, 9.9, 10.4, 10.3, and 9.8 liters. Use a 0.01 level of signif
On a particular test, IQ scores for adults follow a bell-shaped (symmetric) distribution with mean=100 and a variance of 100.
Determine the mean and standard deviation of the total thickness of the two halves. What is the probability that the total thickness exceeds 4.3 millimeters?
Using a 95% confidence interval, estimate the true proportion of incomplete files for ALL the banks commercial loans.
P-value from tstat. A one-sample t statistic for H0: µ = 0 based on n = 16 is tstat = 2.44. What is the approximate one-sided P-value for this problem?
A. What is the point estimate for the proportion of people preferring model B? B. Write suitable null and alternative hypotheses in words and symbols for this problem.
Assume that a practitioner decides to use a control chart wtih a 2.5-sigma limits. If normality can be assumed (as well as known parameter values), what is the numerical value of the in-control ARL?
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