Chapter 11: Q.28 (page 656)
How many passengers are expected to travel between and miles and purchase second-class tickets?
Short Answer
Second-class tickets will cost around for customers traveling between and miles.
Chapter 11: Q.28 (page 656)
How many passengers are expected to travel between and miles and purchase second-class tickets?
Second-class tickets will cost around for customers traveling between and miles.
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As the number of degrees of freedom increases, the graph of the chi-square distribution looks more and more symmetrical.
You want to buy a specific computer. A sales representative of the manufacturer claims that retail stores sell this computer at an average price of with a very narrow standard deviation of . You find a website that has a price comparison for the same computer at a series of stores as follows: . Can you argue that pricing has a larger standard deviation than claimed by the manufacturer? Use the significance level. As a potential buyer, what would be the practical conclusion from your analysis?
The table provides a recent survey of the youngest online entrepreneurs whose net worth is estimated at one million dollars or more. Their ages range from to . Each cell in the table illustrates the number of entrepreneurs who correspond to the specific age group and their net worth. Are the ages and net worth independent? Perform a test of independence at the significance level.
Suppose an airline claims that its flights are consistently on time with an average delay of at most minutes. It claims that the average delay is so consistent that the variance is no more than minutes. Doubting the consistency part of the claim, a disgruntled traveler calculates the delays for his next flights. The average delay for those flights is minutes with a standard deviation of minutes.
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Is it more likely the in the graph?
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