Your company is located in New York City and your job requires that you travel by air to many other major cities such as Boston, Chicago, Los Angeles, Detroit, Houston, Dallas, Atlanta, Denver, and Washington, DC. Your average round-trip airfare for the
past year has been $495 with a standard deviation of $240 . If for your next year's planning budget you estimate your average air ticket between $395 and $550, what is the probability that the mean, , of your next 36 flights will fall in this range?
0.9100
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One of the implementation tools from the operations consulting tool kit is the issue tree.
Answer the following statement true (T) or false (F)
A random sample of 49 statistics examinations was taken. The average score, in the sample, was 84 with a variance of 12.25. The 95% confidence interval for the average examination score of the population of the examinations is
A. 83.45 to 84.55. B. 80.07 to 87.93. C. 83.29 to 84.71. D. 80.5 to 87.5.
Unlike the AFL, the CIO's attitude toward women in the union was:
A. That they should not be allowed to join but their support would be welcomed. B. That they should be excluded from the union. C. That they should be encouraged to join but relegated to a minor role in leading the union. D. That they should be encouraged to join the union and allowed positions of leadership.
Agents have a duty to keep principals informed of all facts pertinent to the agency.?
Indicate whether the statement is true or false