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Create a probability distribution using the data which shows how many cartons of the wine cooler were bought per customer in a month.

Create a probability distribution using the data which shows how many cartons of the wine cooler were bought per customer in a month. Calculate the mean and the standard deviation of your probability distribution. Calculate the probability that exactly 3 six packs will be bought in a month. Calculate the probability that between 4 and 8 six packs will be bought in a month. Calculate the probability that at least 5 six packs will be bought in a month. Calculate the probability that no more than 5 six packs will be bought in a month. RESULTS OF CONCEPT RATING FOR […]

A medical statistician wants to estimate the average weight loss of people who are on a new diet plan.

A medical statistician wants to estimate the average weight loss of people who are on a new diet plan. In a preliminary study, he guesses that the standard deviation of the population of weight loss is about 9 pounds. How large a sample should he take to estimate the mean weight loss to within 3 pounds, with 91% confidence?

Ecommerce.com a large internet retailer is studying the lead time (elapsed time between when an order is placed and when it is filled) for a sample…

1.       Ecommerce.com a large internet retailer is studying the lead time (elapsed time between when an order is placed and when it is filled) for a sample of recent orders. The lead times are reported in days Lead Times (days)                                                            Frequency 0 up to 5                                                                              6 5 up to 10                                                                            7 10 up to 15                                                                          12 15 up to 20                                                                          8 20 up to 25                                                                          7

An urban planner claims that nationally 20% of all families renting condominiums move during the year.

An urban planner claims that nationally 20% of all families renting condominiums move during the year. A random sample of 200 families renting condominiums in a large development revealed that 28% had moved during the past year. Construct a 90% confidence interval for the population percent of families who moved during the past year.