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Evergreen Fertilizer Company produces fertilizer. The company's fixed monthly cost is 25000 and its variable cost per pound of fertilizer is .15. Evergreen sells fertilizer for .40 per pound. Determine the monthly break-even volume for the company.
Statistics and Probability, Statistics
In a specific sample size of 100, what is the range within the groups average iron level would be considered ususal? Using the Central Limit Theorem and the Empirical Rule
Suppose a sample space has things a,b and c. Twice, draw from the sample space and replace. The possible sequences formed are {aa, ab, ac,ba,bb, bc,ca,cb,cc} Now suppose there are Y different things. There are Y ways the ...
A student must answer 6 multiple choice questions for a test, but the student did not study well. There are 6 answers per question, but only one is correct. If the student randomly guesses on each questions, what is the ...
While preparing for their comeback tour, the flaming Roger's find that the average time it takes their sound tech to set up for a show is 61 minutes, with a standard deviation of 4.1 minutes. If the band manager decides ...
A recent survey of college seniors evaluated how the students view the "real world" that they are about to enter. One question asked the seniors to evaluate the future job market on a 10-point scale from 1 (dismal) to 10 ...
Suppose you want to calculate the? z-score for your height. How will the? z-scores compare if you use your height in inches verses? centimeters?
According to an article in the American Heart Association's publication Circulation, 24% of patients who had been hospitalized for an acute myocardial infarction, did not fill their cardiac medication by the seventh day ...
Research research and Sample 5000 household concerning TV shows they watch. Based on the sample 18% reported watching 60 Minutes. What is the 95% confidence interval for the proportion of all Americans that watch 60 minu ...
Let a random sample be taken of size n = 64 from a population with a known standard deviation of 15. Suppose that the mean of the sample is 40. Find the 99% confidence interval for the mean of the population from which t ...
An urn contains 5 red and 10 blue balls. Balls are drawn sequentially from urn without replacement. Let X be the number of draws necessary in order to obtain exactly 4 red balls. Find probability mass function of X
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