• Q : Normally distributed random variables....
    Basic Statistics :

    If x1 and x2 are normally distributed random variables with a mean of 95 and a standard deviation of 20, and that x1 and x2 are independent of each other, then P(x1 and x2 < 60) is:

  • Q : Find the probability-banks loan officer rates....
    Basic Statistics :

    A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50. If 40 different applicants are randomly selected, find the

  • Q : What x-value does this z-value correspond....
    Basic Statistics :

    If the z-value for a given value x of the random variable X is z = 1.96, and the distribution of X is normally distributed with a mean of 60 and a standard deviation of 6, to what x-value does this

  • Q : Determining the degrees of freedom....
    Basic Statistics :

    A researcher tests 10 individuals before and after an experimental procedure.The results are shown below. How many degrees of freedom are there?

  • Q : New approach to the treatment of aggressive behavior....
    Basic Statistics :

    Discuss how a t Test for a dependent variable can be of great value in applying a new approach to the treatment of aggressive behavior to a small group of students. Why would this t Test be preferre

  • Q : Problem based on finishing the exam....
    Basic Statistics :

    The amount of time to complete a particular exam is believed to have a mean of 52 minutes and a standard deviation of 4.8 minutes. A sample of 36 students was selected and their times to finish the

  • Q : T-distribution compare to the normal z-distribution....
    Basic Statistics :

    As a sample size approaches infinity, how does the student's t distribution compare to the normal z distribution? When a researcher draws a sample from a normal distribution, what can one conclude a

  • Q : Analyzing round-off error....
    Basic Statistics :

    The central limit theorem can be used to analyze round-off error. Suppose that the round-off error is represented as a uniform random variable on [-1/2, 1/2]. If 100 numbers are added, approximate t

  • Q : Average expenditure on fast food for adults....
    Basic Statistics :

    If 200 of the adults surveyed were in the age category of 24 and under and they provided a standard deviation of $14.50, construct a 95% confidence interval for the weekly average expenditure on fas

  • Q : Problem based on hypothesis test....
    Basic Statistics :

    Carry out a hypothesis test, at 5% significance level, to determine whether the president should retain Supplier A.

  • Q : Probability mof winning the game....
    Basic Statistics :

    The Hawks are currently winning 0.55 of their games. There are 5 games in the next two weeks. What is the probability that they will win more games than they lose?

  • Q : Program binomial probabilities....
    Basic Statistics :

    Question: Use the program Binomial Probabilities to find the probability that, in 100 tosses of a fair coin, the number of heads that turns up lies between 35 and 65, between 40 and 60, and between

  • Q : What is the expected value of the game....
    Basic Statistics :

    If the spinner lands on on any space not chosen, the player loses the $2.00. (Assume that landing on a line is voided and spinner is respun) What is the expected value of the game?

  • Q : Probability of completing the projects....
    Basic Statistics :

    Question: A particular firm carried out an extensive study into the costing of a specific type of project. it was found that the probability of completing such projects to budget is 0.2.

  • Q : Probability of determining the colored marbles....
    Basic Statistics :

    A bag contains 10 red, 12 green, and 8 yellow marbles. Assuming that all the marbles are equally likely to be picked from the bag, what is the probability that the second marble is yellow, given tha

  • Q : Extreme value on the confidence interval....
    Basic Statistics :

    Compute a 95% confidence interval for the population mean, based on the sample 1, 2, 3, 4, 5, 6, and 39. Change the number from 39 to 16 and recalculate the confidence interval. Using the results, d

  • Q : Degrees of freedom for reading....
    Basic Statistics :

    Question: In order to determine an interval for the mean of a population with unknown standard deviation a sample of 61 items is selected. The mean of the sample is determined to be 23. The number o

  • Q : Determining the margin of error....
    Basic Statistics :

    Question: A population has a standard deviation of 50. A random sample of 100 items from this population is selected. The sample mean is determined to be 600. At 95% confidence, the margin of error

  • Q : Determine the standard error of the mean....
    Basic Statistics :

    Two hundred students are enrolled in an Economics class. After the first examination, a random sample of 6 papers was selected. The grades were 65, 75, 89, 71, 70 and 80. Determine the standard erro

  • Q : Determine the confidence coefficient....
    Basic Statistics :

    He neglected to report what confidence coefficient he had used. Based on the above information, determine the confidence coefficient that was used. Assume the population has a normal distribution.

  • Q : Confidence interval for the mean monthly electric bills....
    Basic Statistics :

    The average monthly electric bill of a random sample of 256 residents of a city is $90 with a standard deviation of $24. Construct a 90% confidence interval for the mean monthly electric bills of all

  • Q : Find coefficient of correlation-standard error of estimate....
    Basic Statistics :

    Predict the average weekly sales of pet food for stores with 20 feet of shelf space for pet food. Compute coefficient of correlation. Compute standard error of estimate.

  • Q : Extreme value on the confidence interval....
    Basic Statistics :

    Change the number from 39 to 16 and recalculate the confidence interval. Using the results, describe the effect of an outlier or extreme value on the confidence interval.

  • Q : Number of degrees of freedom for reading the t-value....
    Basic Statistics :

    In order to determine an interval for the mean of a population with unknown standard deviation a sample of 61 items is selected. The mean of the sample is determined to be 23. The number of degrees

  • Q : Population has a standard deviation....
    Basic Statistics :

    A population has a standard deviation of 50. A random sample of 100 items from this population is selected. The sample mean is determined to be 600. At 95% confidence, the margin of error is:

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