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Describe an example from your own personal or professional experiences where you could apply a hypothesis test.
Discuss the concepts of hypothesis testing, including what you are evaluating, when it should be used, and the differences between a one- and a two-tailed test.
Explain the importance of the data, the relevance of the measure of center to understanding the data, what you find the most interesting about the study.
Develop a 24-month pro forma that demonstrates the potential profitability of the new product or service in an income statement.
What are some potential consequences of not following ethical statistical practice in your field of study (i.e., results used improperly, etc.)?
Explain how the concepts of probability theory can give rise to puzzle and paradox. Explain why we cannot trust our intuition with probability.
Mom, dad sister and brother are to be seated at random in a row of 6 chairs. What is the probability that mom and dad occupy the seats at the end of the row?
Four times a certain number minus one and three times a certain number plus three, both reveal Bill's age. What is the number used and what is Bill's age?
Find the probability that 2 boys go to the board Probability of 2 girls go to the board. The probability of a girl and a boy go to the board.
On a standardized exam, the scores are normally distributed with a mean of 75 and standard deviation of 10. Find the z-score of a person who scored 51 on exam.
The scores are normally distributed with a mean of 170 and a standard deviation of 40. Find the z-score of a person who scored 70 on the exam.
The scores are normally distributed with a mean of 450 and a standard deviation of 25. Find the z-score of a person who scored 470 on the exam.
If each ream of paper is 500 pages, how many reams of paper does the individual need to put in the printer to get the job done?
Find the standardized test statistic t for a sample with n = 12, overbar(x) = 28.2, s = 2.2, and a = 0.01 if (H) with subscript (0): µ = 27.
Find the lower limit and upper limit of the 99% confidence interval. Carry your intermediate computations to at least three decimal places.
Suppose the manufacturer is correct. If 6seeds planted with the fertilizer are randomly selected, what is the probability that fewer than 5of them germinate?
Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. =Answer obtained without any preliminary rounding.
Assume the population standard deviation is 14.6 ounces. Based on this, construct a 95% confidence interval for the true population mean turtle weight.
What is the premise and conclusion of the argument based on statistics? Determine whether or not the argument uses any deceptive statistics.
Discuss the importance of resource conservation and renewable energy. What practices can you adopt to reduce your ecological footprint?
Explain what changes would be required so that you could analyze the hypothesis using a chi-square test.
The U.S. government keeps statistics on many people in America. What other statistic can you name that is misleading? Why?
Describe three approaches to detecting errors, including how they work, the probability of detecting an error, and any other benefits or limitations.
How do you tell the difference between statistical significance and practical significance?
Discuss the four dimensions of statistical reasoning / thinking used in statistical inquiry.