STATISTICAL TECHNIQUES IN BUSINESS AND E
STATISTICAL TECHNIQUES IN BUSINESS AND E
18th Edition
ISBN: 9781260570489
Author: Lind
Publisher: MCG
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Chapter 15, Problem 23E
To determine

Check whether it can be concluded that the distribution of card holders who do not pay their charges is different from all others.

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A well-known company predominantly makes flat pack furniture for students. Variability with the automated machinery means the wood components are cut with a standard deviation in length of 0.45 mm. After they are cut the components are measured. If their length is more than 1.2 mm from the required length, the components are rejected. a) Calculate the percentage of components that get rejected. b) In a manufacturing run of 1000 units, how many are expected to be rejected? c) The company wishes to install more accurate equipment in order to reduce the rejection rate by one-half, using the same ±1.2mm rejection criterion. Calculate the maximum acceptable standard deviation of the new process.
5. Let X and Y be independent random variables and let the superscripts denote symmetrization (recall Sect. 3.6). Show that (X + Y) X+ys.
8. Suppose that the moments of the random variable X are constant, that is, suppose that EX" =c for all n ≥ 1, for some constant c. Find the distribution of X.

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