Mathematics, 26.07.2020 01:01 paulusl19
PLZ IM ON THE CLOCK A sports memorabilia store makes $6 profit on each football it sells and $5.50 profit on each baseball it sells. In a typical month, it sells between 35 and 45 footballs and between 40 and 55 baseballs. The store can stock no more than 80 balls total during a single month. What is the maximum profit the store can make from selling footballs and baseballs in a typical month? $457.50 $460.00 $462.50 $572.50
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(20 points) a bank has been receiving complaints from real estate agents that their customers have been waiting too long for mortgage confirmations. the bank prides itself on its mortgage application process and decides to investigate the claims. the bank manager takes a random sample of 20 customers whose mortgage applications have been processed in the last 6 months and finds the following wait times (in days): 5, 7, 22, 4, 12, 9, 9, 14, 3, 6, 5, 15, 10, 17, 12, 10, 9, 4, 10, 13 assume that the random variable x measures the number of days a customer waits for mortgage processing at this bank, and assume that x is normally distributed. 2a. find the sample mean of this data (x ě…). 2b. find the sample variance of x. find the variance of x ě…. for (c), (d), and (e), use the appropriate t-distribution 2c. find the 90% confidence interval for the population mean (îľ). 2d. test the hypothesis that îľ is equal to 7 at the 95% confidence level. (should you do a one-tailed or two-tailed test here? ) 2e. what is the approximate p-value of this hypothesis?
Answers: 2
PLZ IM ON THE CLOCK A sports memorabilia store makes $6 profit on each football it sells and $5.50 p...
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