Answer the questions in the previous problem when the population is a mixture of two normal distributions.

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Answer the questions in the previous problem when the population is a mixture of two normal distributions. Specifically, suppose each observation has a 65% chance of coming from a normal distribution with mean 100 and standard deviation 20, and a 35% chance of coming from a normal distribution with mean 200 and standard deviation 40. What is the mean of this mixture distribution?

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Business Analytics Data Analysis And Decision Making

ISBN: 9780357109953

7th Edition

Authors: S. Christian Albright, Wayne L. Winston

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