MATH 533 Applied Managerial StatisticsFinal Exam Set 3The length of time to do a cable installation by Multi-Cable Inc. is normally distributed with a mean of 42.8 minutes and a standard deviation of 6.2 minutes. What percentage of installations take less than 30 minutes?Accident claims are checked for completeness by branch offices of Fortune Insurance before they are sent to a regional office for payment. Historically 80% of the claims are complete when they reach the regional office. You select a random sample of 20 claims that have arrived at the regional office. Find the probability that:……..Until this year the mean braking distance of a Nikton automobile moving at 60 miles per hour was 175 feet. Nikton engineers have developed what they consider a better braking system. They test the new brake system on a random sample of 81 cars and determine the sample mean braking distance. The results are:…….The manager at Trion Electric Co-op is concerned about the rise in the number of late payments. If more than 10% of the accounts are behind in their payments, the manager will initiate a costly monitoring program. A random sample of 75 accounts shows that 9 were behind in their payments.A manufacturer of athletic footwear claims that the mean life of his product will exceed 50 hours. A random sample of 36 pairs of shoes leads to the following results in terms of useful life:……AJ AUCTION sells art drawings of little known artist at auction. The dealer is interested in the relationship between the final sale price ($) (Y) and the number of persons bidding on the drawing (X). A random sample of 20 drawing is selected…….The personnel department of a large industrial corporation would like to develop a model to predict the weekly salary based upon the length of employment and age of its managerial employees. Salary is modeled as a linear function of length of employment and age……..
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more