Market research for candy company
In doing market research for candy company, John find that 1053 of 1220 randomly chosen person like dark chocolate. Based this result, find a 90% lower bound estimate of the percentage of all people who like dark chocolate.
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Throughout October the average temperature of Whitman Lake is 53.2 and standard deviation is 2.3. Suppose the variable is normally distributed. For randomly chosen day in October, determine the probability that the temperature will be as follows
Determine the decision rule? Calculate SST, SSE, and SS totals. Calculate an ANOVA table. Describe your decision regarding the null hypothesis.
150,000 direct labor hours would be worked. How much manufacturing overhead was overallocated or underallocated for year?
Normal population has a mean of 75 and a standard deviation of 5. You select a sample of 40. Compute the probability the sample mean is:
An aircraft manufacturer requires to buy aluminum sheets with an average thickness of 0.05 inch. The manufacturer knows that significantly thinner sheets would be unsafe and considerably thicker sheets would be too heavy.
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Which of these statements best explains the purpose of a confidence interval for a mean?
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