• Q : What is the estimated index of satisfaction....
    Basic Statistics :

    What is the estimated index of satisfaction for a person who first married at 18, has an annual income of $26,500, has three children living, has assets of $156,000, has an index of health status of

  • Q : What is the expected monetary value with the survey....
    Basic Statistics :

    A market research is available for $10,000. Using a decison tree analysis, it is found that the expecyed monetary value with no survey is $62,000. If the expected value of sample information is -$7,

  • Q : Mean and standard deviation of the flow time....
    Basic Statistics :

    Define the flow time to be the total time it takes a product to go through the assembly line from start to finish. What is the mean and standard deviation of the flow time? What is the probability t

  • Q : What is the largest random sample....
    Basic Statistics :

    The State Transportation Department is interested in estimating the proportion of vehicle owners that are operating vehicles without the required liability insurance. If they wish to estimate the po

  • Q : Claim to manufacturer-headache medicine....
    Basic Statistics :

    A manufacturer of headache medicine claims it is 70% effective within a few minutes. That is, out of every 100 users, 70 get relief quickly. A group of 12 patients are given the medicine. If the cl

  • Q : Variation in the selling prices of the oceanfront....
    Basic Statistics :

    A sample of 18 homes, also sold within the last year,that were one to three blocks from the ocean revealed that the standard deviation was $21,330. At the .01 signficance level, can we conclude that

  • Q : Safety conditions at the plant....
    Basic Statistics :

    Given that the safety conditions at the plant remain the same next year, what is the probability that the number of serious injuries will be less than 2?

  • Q : Right-tail test of means....
    Basic Statistics :

    A sample of 8 appendectomies using the old method had a mean of 38 minutes with a variance of 36 minutes, while a sample of 10 appendectomies using the experimental method had a mean of 29 minutes

  • Q : Problem related to correlation coefficient....
    Basic Statistics :

    If a correlation coefficient of r = 0.642 was found between two variables in a sample of paired data that were measured in feet, the value of r would change by a factor of twelve if the data were co

  • Q : Mean life for the company light bulbs....
    Basic Statistics :

    Assume that the bulb life is normally distributed. At the 10% significance level, do the data provide evidence that the mean life for the company's light bulbs differs from the advertised mean?

  • Q : How could apply statistical critical thinking in situations....
    Basic Statistics :

    The bottled water increases during a hot spell of weather. How could you apply statistical critical thinking in this situation?

  • Q : Shaping of the distribution of sample mean....
    Basic Statistics :

    The distribution of the battery lives closely follows the normal probability distribution with a standard deviation of 5.5 hours. As a part of their testing program Sony tests samples of 25 batteri

  • Q : What is the analysis of the given approach....
    Basic Statistics :

    Data from this study came from the "National Women's Study-Replication." The sample of 3,001 women was formed from two U.S. population samples. What is your analysis of this approach?

  • Q : Determine which test statistic is appropriate....
    Basic Statistics :

    A watch manufacturer creates watch springs whose properties must be consistent. In particular, the standard deviation in their weights must be no greater than 2.0 grams. Fifteen watch springs are se

  • Q : Calculate appropriate summary statistics....
    Basic Statistics :

    Cumulative frequency distribution, histogram, ogive and stem and leaf display. Calculate appropriate summary statistics. Incorporate these graphs and statistics into a well written summary

  • Q : What is the probablity both are hopelessly romantic....
    Basic Statistics :

    About 13% of the population is hopelessly romantic. If two people are randomly selected, what is the probablity both are hopelessly romantic?

  • Q : Mean change score for the sample....
    Basic Statistics :

    The cutoff t needed is -1.833. The standard deviation of the distribution of means of change scores is 2.0 and the mean change score for the sample studied is an increase of 5.2. What is the t score

  • Q : Find the total expected number of tests necessary....
    Basic Statistics :

    Assume the probability that a person has the desease is 0.08 for all people, independently of each other. Compute the total expected number of tests necessary.

  • Q : Determine the probability that a randomly selected smoker....
    Basic Statistics :

    According to a study 7% of the population has lung disease. Of those having lung disease, 90% are smokers. Of those not having lung disease, 25.3% are smokers. Determine the probability that a rando

  • Q : Find average caller on hold time if company maintains....
    Basic Statistics :

    Find the average caller "on hold" time if the company maintains that no more than 9% of callers wait more than 6.6 minutes.

  • Q : Variance of the distribution of the means....
    Basic Statistics :

    A researcher conducts a t test for dependent means with 10 subjects. If the estimated population variance of the change scores is 20, what would the variance of the distribution of the means of chan

  • Q : What is the probability that more than 2 turn on....
    Basic Statistics :

    A machine that manufactures automobile parts is estimated to produce defective parts 6 % of the time. If this estimate is correct, and 10 parts produced by this machine are randomly selected, what i

  • Q : Find how many trees does need to sample to accurate....
    Basic Statistics :

    A scientist wishes to find the 90% confidence interval for the mean number of peaches per tree. How many trees does she need to sample to be accurate within 10 peaches per tree?

  • Q : What would the estimated population variance....
    Basic Statistics :

    Suppose the counselor found the sum of squared deviations from the mean of the sample to be 135. Given that he tested 10 people, what would the estimated population variance be?

  • Q : What is the probability that a student uses fewer....
    Basic Statistics :

    The number of cell phone minutes used by high school seniors follows a normal distribution with a mean of 500 and a standard deviation of 50. What is the probability that a student uses fewer than 6

©TutorsGlobe All rights reserved 2022-2023.