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Power line outages. Use the data on the four longest power lines in Table 1.1 of Chapter 10.

(a) Use the chi-square test to compare their outage rates.

(b) Use the log likelihood ratio test to compare their outage rates.

(d) Calculate two-sided (approximate) 95% confidence limits for the common outage rate.

(e) Calculate (exact) two-sided (approximate) 90% prediction limits for the total number of outages on the four lines in a coming year.

Table 1.1

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Category:- Accounting Basics
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