How to find what the population mean should be
If given a random sample size from a normally distributed population, the mean of the sample, and the standard deviation. How would you find what the population mean should be?
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The rejection region of a hypothesis test is F>F(0.05,11,11)=2.82 and the test statistic is F=2.2644 at a level of significance 0.05. How would you find the p-value of this test?
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Construct the table of pay-offs (i.e the expected profits) to the two builders and find the maximum profit each can reasonably expect to get.
Nyota Corp sells two products. Product A sells for $100 per unit, and has unit variable costs of $60. Product B sells for $70 per unit, and has unit variable costs of $50. Currently, Nyota sells three units of product B for every one unit of produ
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Prepare journal entries to record the following merchandising transactions of Yang Company, which applies the perpetual inventory system.
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