• Q : Compare the effectiveness of three sales strategies....
    Basic Statistics :

    A computer manufacturer is introducing a new product specifically targeted at the home market and wishes to compare the effectiveness of three sales strategies: computer stores, home electronics sto

  • Q : Mean value of the parts inventory....
    Basic Statistics :

    Give a point estimate of the mean value of the parts inventory. (round to the nearest cent) Find the estimated standard error of the point estimate of part a. (round to nearest cent)

  • Q : Maximum value that the standard error....
    Basic Statistics :

    What is the maximum value that the standard error of the sampling distribution of the sample proportion could have?

  • Q : Bivariate normal....
    Basic Statistics :

    If the joint distribution is a bivariate normal with p=0.4, find the probability that a student has a Math SAT above 600, given that her G.p.a. is 3.5.

  • Q : Uniformly distributed over the interval....
    Basic Statistics :

    A passenger arrives at the stop at a time that is uniformly distributed between 7:00 a.m. and 7:30 a.m. (X refers to the number of minutes past 7 a.m., and X is uniformly distributed over the inter

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

    Suppose N=90,000, n=18,000, s=50. Compute the standard error of xbar using the finite population correction factor.

  • Q : Constructing an appropriate confidence interval....
    Basic Statistics :

    Test the claim using a hypothesis test (show all work) Test the claim by constructing an appropriate confidence interval (show all work)

  • Q : Population mean with a sampling distribution error....
    Basic Statistics :

    If you wish to estimate a population mean with a sampling distribution error SE=0.24 using a 95% confidence interval and you know from prior sampling that is approximately equal to 7.9, how many obs

  • Q : Mean and standard deviation of the sample mean....
    Basic Statistics :

    Assuming a near normal distribution what are the mean and standard deviation of the sample mean of these quality checks? A recent sample of five wafers yielded a sample mean of 10.4 mm. Find the prob

  • Q : Obtain the variance of the sample variance....
    Basic Statistics :

    We have random variables: Ybar (sample mean) and W (the sample variance) for the sample size of n=2 from the distriubiton:

  • Q : Hypothesis test of the population proportion....
    Basic Statistics :

    What type of data would necessitate using a hypothesis test of the population proportion rather than a test of the population mean?

  • Q : Compute the probability mass function for x....
    Basic Statistics :

    Compute the probability mass function for X. Compute the expected value E(X). Compute the variance V(X).

  • Q : Expected total amount of time in minutes....
    Basic Statistics :

    Calls to a customer service center last on average 1.8 minutes with a standard deviation of 1.5 minutes. An operator in the call center is required to answer 94 calls each day. Assume the call times

  • Q : Study of recycling habits in a california community....
    Basic Statistics :

    One environmental group did a study of recycling habits in a California community. It found that 72% of the aluminum cans sold in the area were recycled. (Round your answers to four decimal places.)

  • Q : Null hypothesis and the alternate hypothesis....
    Basic Statistics :

    For each of the following statements, give the null hypothesis (Ho), and the alternate hypothesis (H1).

  • Q : Question regarding the annual salaries....
    Basic Statistics :

    In a large American university in 1969, the male and female professors were sample independently, yielding the following annual salaries (in thousand of dollars):

  • Q : Determining standard deviation of the average contents....
    Basic Statistics :

    A machine fills cans of soda which are labeled "12 ounces" according to a normal distribution with mean 12.1 ounces and standard deviation 0.1 ounces. If I buy a 12-pack of the soda, what is the sta

  • Q : Standard deviation of the average contents....
    Basic Statistics :

    A machine fills cans of soda which are labeled "12 ounces" according to a normal distribution with mean 12.1 ounces and standard deviation 0.1 ounces. If I buy a 12-pack of the soda, what is the sta

  • Q : Null and research hypotheses....
    Basic Statistics :

    What is a research question that you would like to answer? Write the null and research hypotheses. Would you use a one- or two-tailed test? Why?

  • Q : Determining appliances for a large retail operation....
    Basic Statistics :

    A trucking firm delivers appliances for a large retail operation. The packages (or crates) have a mean weight of 298 lb. and a variance of 2704. (Give your answers correct to four decimal places.)

  • Q : Requirements of a probability distribution....
    Basic Statistics :

    One of the requirements of a probability distribution is that the sum of the probabilities must be 1 (with a small amount of leeway alowed for rounding errors). what is the justification for this re

  • Q : Blood clotting time....
    Basic Statistics :

    The mean clotting time of blood is 7.35 seconds, with a standard deviation of 0.35 seconds. What is the probability that blood clotting time will be less than 7 seconds?

  • Q : Representative of average monthly....
    Basic Statistics :

    Blair is almost sure that his monthly costs for the past year are not representative of his average monthly costs over the past 20 years.

  • Q : Sample size large enough to ensure valid inference....
    Basic Statistics :

    The mean healing time for these subjects is days. We will assume that the standard deviation is days. So, with a significance level of .05, can we conclude that the population mean (for those treate

  • Q : Statistically significant and a meaningful result....
    Basic Statistics :

    What do we mean when we say that a statistical result is significant? What is the difference between a statistically significant and a meaningful result? Why is statistical significance important?

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