Author Question: Any optimization model is completely deterministic, that is, no inherent risk exists in using the ... (Read 118 times)

DelorasTo

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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 .


javimendoza7

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Answer to Question 1

FALSE

Answer to Question 2

B



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