• Q : Confidence interval to estimate average selling price....
    Basic Statistics :

    Construct a 90% confidence interval to estimate the average selling price in the population with this sample. What is the margin of error for this interval?

  • Q : Finite correction factor....
    Basic Statistics :

    Answer the question in part a without the finite correction factor. Explain the differences in these probabilities.

  • Q : National retail federation....
    Basic Statistics :

    According to the National Retail Federation, 34% of taxpayers used computer software to do their taxes for the 2009 tax year. A sample of 125 taxpayers was selected.

  • Q : Confidence interval for the ratio of the variances....
    Basic Statistics :

    For the dataset, test if there is a difference in the variances of the passes completed by the two players, using ? = 0.01, and obtain a 99% two-sided confidence interval for the ratio of the varian

  • Q : Difference in mean premiums in the provinces....
    Basic Statistics :

    For the dataset, test if there is a difference in mean premiums in the provinces between 2004 and 2005, using ? = 0.01, and obtain a 99% two-sided confidence interval for the difference.

  • Q : Average arrival rate....
    Basic Statistics :

    A busy restaurant determined that between 6:30 P.M. and 9:00 P.M. on Friday nights, the arrivals of customers are Poisson distributed with an average arrival rate of 2.12 per minute.

  • Q : Estimate of the mean salary....
    Basic Statistics :

    A simple random sample of 40 salaries of NCAA football coaches has a mean of $415,953 and a standard deviation of $463,364. Find the best point estimate of the mean salary of all NCAA football coaches

  • Q : Population standard deviation for weekly viewing....
    Basic Statistics :

    The mean television viewing for americans is 15 hour per week (Monday, November 2003). Suppose a sample of 80 Americans is taken to further investigate viewing habbits. Assume the population standar

  • Q : Population standard deviation for weekly viewing....
    Basic Statistics :

    The mean television viewing for americans is 15 hour per week (Monday, November 2003). Suppose a sample of 80 Americans is taken to further investigate viewing habbits. Assume the population standar

  • Q : Estimate of the probability of rolling....
    Basic Statistics :

    Give an estimate of the probability of rolling a number greater than 3 with this die. Construst a 95% confidence interval for the true probability.

  • Q : Minutes for the purchasing agent to complete the process....
    Basic Statistics :

    Suppose the time it takes for a purchasing agent to complete an online ordering process is normally distributed with a mean of 8 minutes and a standard deviation of 2 minutes. What is the probabilit

  • Q : Participation in online auctions....
    Basic Statistics :

    It has been reported that men are more likely than women to participate in online auctions. In a recent survey, 65% of respondents reported that they had participated in an online auction. In this

  • Q : Attitudes among residents of florida....
    Basic Statistics :

    A study of attitudes among residents of Florida with regard to policies for handling nuisance alligators in urban areas showed the following.

  • Q : Confidence interval for the mean age....
    Basic Statistics :

    Find a 90% confidence interval for the mean age, ?, of all people in the civilian labor force. Assume that the population standard deviation for the ages of civilian labor force is 12.1 years. Inter

  • Q : Weight of a box of mints....
    Basic Statistics :

    A candy maker produces mints that have label weight of 20 grams on each box. Assume that the weight of a box of mints is normally distributed with a standard deviation of 0.4 grams.

  • Q : Tested for a common respiratory disease....
    Basic Statistics :

    Each day a large animal clinic schedules 10 horses to be tested for a common respiratory disease. The cost of each test is $80. The probability of a horse having the disease is 0.1. If the horse has

  • Q : Find the sample mean....
    Basic Statistics :

    While writing an article on the high cost of college education, a reporter took a random sample of the cost of new textbooks for a semester. The random variable x is the cost of one book. Her sample

  • Q : Article on the high cost of college education....
    Basic Statistics :

    While writing an article on the high cost of college education, a reporter took a random sample of the cost of new textbooks for a semester. The random variable x is the cost of one book. Her sample

  • Q : What is the standard deviation....
    Basic Statistics :

    A coffee machine delivers volumes of coffee into 8 oz. cups that are normally distributed having and known mean of 60z, but with a unknown standard deviation . It is also known that the cofee machin

  • Q : Independent measurments of noise....
    Basic Statistics :

    Assume that the background niose X of a digital signal has a normal distribution with u=0 volts and theta = .5 volt. ifv we observe n=100 independent measurments of this noise, what is the probabili

  • Q : True mean amount of ketchup....
    Basic Statistics :

    How many bottles should be included in the sample if you want to estimate the true mean amount of ketchup to within 0.1 oz with 95% confidence? (Give the answer to the next largest integer.)

  • Q : Value of the objective function....
    Basic Statistics :

    What is the value of the objective function at the solution found above?

  • Q : Basic concepts of statistics....
    Basic Statistics :

    Now that you are familiar with the basic concepts of statistics, what are some examples of when you have seen or heard statistics used inappropriately?

  • Q : Find the numerical value of alpha....
    Basic Statistics :

    Use the binomial table to find the numerical value of alpha for this testing procedure. Use the binomial table to find the probability of rejecting the null hypothesis when using this rejection region

  • Q : Determinants of a sample size for a clinical research....
    Basic Statistics :

    Which of the following are determinants of a sample size for a clinical research trial?

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