« previous next »

Author Question: Any optimization model is completely deterministic, that is, no inherent risk exists in using the ... (Read 109 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
on: Jun 24, 2018
Any optimization model is completely deterministic, that is, no inherent risk exists in using the optimal solution obtained from the model.
 
  Indicate whether the statement is true or false

Question 2

The produce manager for a large retail food chain is interested in estimating the percentage of potatoes that arrive on a shipment with bruises. A random sample of 150 potatoes showed 14 with bruises.
 
  Based on this information, what is the margin of error for a 95 percent confidence interval estimate?A) 0.0933
  B) 0.0466
  C) 0.0006
  D) Can't be determined without knowing .
Statistics, Data Analysis, and Decision Modeling ¦ Evans ¦ 5th Edition
Buy Test-Bank


javimendoza7

  • Sr. Member
  • ****
  • Posts: 293
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Increased risk of trisomy with maternal age. Increased risk of trisomy with maternal age.
Algorithm for assessing a patient at risk for self-directed violence. Algorithm for assessing a patient at risk for self-directed violence.
Ethical Decision-Making Model Ethical Decision-Making Model
A model for factor-independent termination of transcription A model for factor-independent termination of transcription
Improving your flexibility can help you reduce muscle soreness and lower your risk of injury Improving your flexibility can help you reduce muscle soreness and lower your risk of injury
Increased Cancer Risk with BRCA1 or BRCA2 Mutation Increased Cancer Risk with BRCA1 or BRCA2 Mutation
Video: Functional zones in a mitochondrion

For a complete list of videos, visit our video library