• Q : Calculate the descriptive statistics of mean....
    Basic Statistics :

    Create a dataset of at least 50 observations (from your workplace or personal experiences). Calculate the descriptive statistics of mean, median, mode, standard deviation and range of the data. Wh

  • Q : Confidence interval for the population mean amount....
    Basic Statistics :

    For a particular hour, the average amount in the 25 bottles in the sample is 33.2 ounces with s = 2.6 ounces. What will be the value of the margin of error for a 95% confidence interval for the popu

  • Q : Explanitory and response variables....
    Basic Statistics :

    A study of cell phones and the risk of brain cancer looked at a group of 469 people who have brain cancer. The investigators matched each cancer patient with a person of the same sex, age, and race

  • Q : Largest value for a lifetime a tire....
    Basic Statistics :

    "We will replace any tire free of charge if the lifetime of the tire is less than miles." (That is, what is the largest value for a lifetime a tire can have and still be among the shortest 1% of all

  • Q : Stratified random sampling....
    Basic Statistics :

    1. If a population mean is 300 and the sample mean is 400, the difference of 100 is called:

  • Q : Relative frequency distributions....
    Basic Statistics :

    Relative frequency distributions allow us to focus on

  • Q : Level of significance and determine....
    Basic Statistics :

    You work for a government agency and asked to test this claim to determine if the true proportion differs from 70%. You find that in a random sample of 1165 people in the U.S., 746 agreed with this

  • Q : Mean daily rate of pollution produced by a mining....
    Basic Statistics :

    The EPA wants to test randomly selected sample of n water specimens and test the mean daily rate of pollution produced by a mining operation. If the EPA wants a 95% level of confidence and a samplin

  • Q : Compute profit diagrams....
    Basic Statistics :

    Compute profit diagrams for the following ratio spreads: a) buy 950-strike call, sell two 1050-strike calls

  • Q : Draw profit diagrams....
    Basic Statistics :

    Draw profit diagrams for the following positions: a) 1050- strike S&R straddle

  • Q : Coefficient of determination between two variables....
    Basic Statistics :

    The correlation between two variables is -0.63 for a sample of 20 observations. What is the coefficient of determination between the two variables?

  • Q : What is the regression equation....
    Basic Statistics :

    The slope of a regression equation is 10, the value where the line intersects the Y axis when X = 0 is 4. What is the regression equation?

  • Q : Best method of presenting data....
    Basic Statistics :

    The best method of presenting data that occurs over a period of time is:

  • Q : Distribution of the sample values....
    Basic Statistics :

    Jim takes a simple random sample of 15 from a very large population whose variance is unknown. She intends to perform a one-tail test for the mean, so draws a boxplot of the sample values and finds

  • Q : Variation of factors other than college activities....
    Basic Statistics :

    At a college, a coefficient of correlation of -0.70 was found between the number of high-school activities offered and the number of drug-related suspensions. What percent of the total variation in

  • Q : Alternative hypothesis for gpa....
    Basic Statistics :

    In 2005, the average GPA for students was 3.15. A sample in 2008 showed that the average GPA for students was 3.46. An alternative hypothesis for GPA of students is:

  • Q : Mean capacity of a sample....
    Basic Statistics :

    A medical researcher contends that lung capacity varies significantly between smokers and nonsmokers. The mean capacity of a sample of 30 nonsmokers is 5.0 litters with a sample standard deviation o

  • Q : Discrete and nonnegative....
    Basic Statistics :

    Let X be a discrete and nonnegative r.v. show that

  • Q : Degree of confidence-population proportion....
    Basic Statistics :

    Suppose 1,000 of the 2,000 UCLA university professors oppose the US policies in Middle East. Using the 0.95 degree of confidence, the interval estimates for the population proportion is

  • Q : Mean-variance of random sample size....
    Basic Statistics :

    let X and S^2 be the mean and variance of a random sample size n=16 from the normal distribution N(u, gamma^2) a) find d (using distrubution tables) such that

  • Q : Home....
    Basic Statistics :

    Home, What is the method to prove a cumulative distribution function of Frechet distribution?Complete proof?

  • Q : Home....
    Basic Statistics :

    Home, What is the method to prove a cumulative distribution function of Frechet distribution?Complete proof?

  • Q : Boxplot of the sample values....
    Basic Statistics :

    Jim takes a simple random sample of 15 from a very large population whose variance is unknown. She intends to perform a one-tail test for the mean, so draws a boxplot of the sample values and finds

  • Q : Minutes and a standard deviation....
    Basic Statistics :

    The length of time in minutes required to complete a series of physical therapy exercises is normally distributed with a mean of 70 minutes and a standard deviation of 12 minutes. What percent of pa

  • Q : Alternative hypothesis for gpa of students....
    Basic Statistics :

    In 2005, the average GPA for students was 3.15. A sample in 2008 showed that the average GPA for students was 3.46. An alternative hypothesis for GPA of students is:

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