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The price of shares of Bank of Florida at the end of trading each day for the last year followed the normal distribution.
Develop a survey that will be used to gauge people's preferences for Dairy Queen, considering they are thinking of extending their hours of operations.
For a normal population with mean=50 and standard deviation=10, what is the probability of obtaining a sample mean greater than 52 for each of the following
Find the area under the Normal Distribution from the mean to a z-score of -2.07.
How can we insure our data is both reliable and valid? Which of these two do you think is the more important?
A person reads a research study of the effectiveness of perineal exercises in preventing urinary incontinence and notes that the number of subjects.
Given that z is a standard normal random variable, compute the following probabilities.
Provide a description of one method for estimating the reliability and one method for substantiating the validity of a test.
The following table displays information on the abortion rate- the number of abortions per 1,000 women- for each U.S. state and the District of Columbia in 2000
The table below summarizes results from an experiment in which subjects were classified as diabetic or nondiabetic and then given a treatment.
If Chebychev Inequality gives the lower bound for probability. For the present problem the lower bound for the probability is 0.75 and actual probability
Give a brief description of the variable and whether the scale of measurement is nominal, ordinal, interval, or ratio, and why.
You have been asked to help plan a data collection process to answer the two problem areas.
The mean annual salary for employees at Company X is $78,000. If we assume a standard deviation of $12,000, what is the sampling distribution
A population of unknown shape has a mean of 75. you select a sample of 40. the standard deviation of the sample is 5. What is the probability
What are some critical decisions involved in selecting an appropriate measurment scale? How might these decisions influence the research design?
Grades on a midterm exam in a large biochemistry class are normally distributed with a mean of 75 and standard deviation of 9.
Is the aspirin produced by a particular pharmaceutical company better than that of a competitor at relieving headaches?
Assess the use of qualitative data to support business decision making. Consider different types of qualitative data collection and analysis methods.
Install special tiles in front of each display that quickly wear down for a period of one week then measure and compare wear.
A researcher determines that 42.7% of all downtown office buildings have ventilation problems. Is this a statistic or a parameter? Explain your answer.
If you were to make your own projections, what would you forecast?
What is the overall impression that you expect the reader to have from looking at the Bar Graph?
The lifetime of Kenless washing machines is normally distributed with a mean of 4 years. Only 15% of these machines last at least 5 years.
Then compare and contract the directives analyzing how each is important to the IRB ethic directives.