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All desks can be sold to national chains such as Staples. Identify the decision variables, objective function, and constraints in simple verbal statements.
Upon investigation, it was found that 82 percent of the patients requiring this procedure paid no more than $31,000. What is the average cost of this procedure?
Deteremine the failure rate for the following: 50 light bulbs were tested for 500 hours. 12 light bulbs failed at 30 hours, 4 light bulbs failed at 60 hours.
Between what two times (equally before the mean and equally after the mean) accounts for the mail being delivered 95% of the time?
The standard deviation is 4.2 at a=.01 can you reject the claim that male and female high school students have equal scores?
Create a stem-and-leaf plot that has two rows for each stem to display the data . The data represent the ages of the top 30 highest paid CEO's.
If each call takes five minutes to process, what is the mean and standard deviation of the number of minutes the operators are answering questions each hour?
They expect this same trend in prices for next year. In budgeting for next year, by how much should they expect prices to increase?
A standard deviation of 60. Determine the number of recorders the manager should order each month to meet 90% of customer demand.
Create a timeline chart to display data. The data represent the percentages of the U.S. gross domestic prodct that comes from the manufactoring sector
The average age for a person getting married for the first time is 26 years. What is the probability that a person getting married for the first time is younger than 23 years of age?
Determine how many waiters and busboys should report for work at the start of each time period to minimize the total staff required for one day's operation.
Using that scrap rate, what would be your material estimate for a new contract for the item when the material required for the finished product is $90,000?
The normal change in bone density over time from age 40 to age 80 is a decrease of 0.15 g/cm2. Does the rate of change in this woman differ significantly from the expected age-related change?
Find the standard score (z-score) for students who study the following hours in a particular week. Round Z to the nearest hundredth and interpret the meaning of each answer as it pertains to this pr
Also, the number of radio ads must be at least as great as the number of television ads. How many ads of each type should be used? How many people will this reach?
It costs 10¢ to produce each gallon of (regular or premium) juice. Formulate an LP that could be used to maximize the profit (revenues 2 costs) earned by Juiceco during the next two months.
Are the events "company A" and "defective" mutually exclusive? Explain why or why not. What is the complimentary event of the event "defective'? What is the probability of this complimentary event?
In addition, the distribution of personal checking account daily balances can be approximated very well with a normal model. What percentage of the bank's customers carry daily balances between $700 a
Fifty-three percent of the population possesses a certain characteristic N. If 15 people are randomly selected from the population, what is the probability that exactly 9 possess characteristic N?
What is the 92% confidence interval for the population proportion of mutual funds that have a return higher than the stock market as a whole?
What is the probability that a randomly selected student will meet the GPA threshold? If 50 applicants are chosen at random, what is the probability that 17 or more of them will meet the GPA threshold
The height of the PDF over this interval is .06667. For all other values of X, the PDF=0. What is the probability that a randomly selected X lies between -10 and 5?
The second treatment had M = 52 with s^2 = 36. Do these data indicate a significant difference between the two treatments? Use a two-tailed test with α = .05
In part b, the sample have greater variability than part a, but the sample sizes are unchanged. how does the larger variability affect the size of the standard error for the sample mean?