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Statistical Problem
The appropriate lottery or gamble to assess the utility of the profit projections is to take a risk of marketing the product or avoid the risk by not marketing the product. Let the utility of the most favourable outcome (market the product) be U=1 and the utility of the

2 pages (500 words)
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Statistical Analysis Math
The survey was carried by selecting 30 students randomly from both sexes of the class respectively and interviews them. Table 1 shows the percentages of male, female and total students with slightly or very overweight in

4 pages (1000 words)
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Math Problem
Letting m denote the population mean price for used Motor Bikes at the dealership, test
The value of z-score corresponds to the significance level of the null hypothesis is known as critical value. In left tailed test, the area under below this

2 pages (500 words)
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Conceptual math
For example, describing how many people, out of a sample of fifty, watch which news channels during primetime comes under descriptive statistics, while analyzing the group of the people selected and then generalizing the results on a certain

2 pages (500 words)
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Math Problem
Therefore, the consultants’ warning is true and accurate.
Taking the absolute value, the price elasticity of demand is 0.25. This implies that the demand for her service is

2 pages (500 words)
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Math Solutions
es of misrepresentation that can be seen in statements, for example, asking biased questions, using confusing words, using ambiguities, or using double negatives (Bluman, 2005). Confusing and ambiguous statement do not convey the intended message, instead, they serve to confuse

2 pages (500 words)
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Math questions
On each exercise, the type of statistical misrepresentation is identified, detailing how either scenario may not be a reliable source of info or formal query for research purposes.
Comment on this statement taken from a magazine

1 pages (250 words)
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Math
With the second, the survey query is meant to be justified on why the question may be susceptible of bearing potential errors in conclusion through the manner by which the answerer treats its ambiguity.
Comment: The use of the terms ‘dermatologist

1 pages (250 words)
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Business Math
The cost was $795.82. The package included 42 home games. What is the average price of the tickets per game? Round to the nearest cent.
11. Louis Jeweler had the following MasterCard sales: $66,99; $32,88; $17.50. Returns for the day were

10 pages (2500 words)
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Math
As part of the design process a sample of eight components was tempered at different temperatures with the following results:
3. A machine produces components whose diameters should be distributed Normally with mean 0.17 cm and Standard Deviation 0.013

3 pages (750 words)
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