• Q : Test the hypothesis of average price of gasoline....
    Basic Statistics :

    The average price of regular gasoline in continental US states and District of Columbia was $3.74 on August 18, 2008.

  • Q : Find the linear correlation coefficient r....
    Basic Statistics :

    Express the confidence interval .600, .800 in the form p-hat plus and minus E.

  • Q : Construct a bar chart and a pie chart and a pareto chart....
    Basic Statistics :

    Construct a bar chart and a pie chart and a Pareto chart A survey of 705 workers requested how much they used the internet at work.

  • Q : Test two variance are equal at 5 percent level significance....
    Basic Statistics :

    For the samples summarized below, test the hypothesis at ∞ =.05 that the two variances are equal. Variance Number of data values Sample 1 19 8 Sample 2 9 18.

  • Q : Explain the standard deviation....
    Basic Statistics :

    Explain the standard deviation, range and Z score for given data Using the following sample

  • Q : Explain the mean and mode....
    Basic Statistics :

    Explain the mean, median and mode for the given data Using the subsequent sample

  • Q : Estimating sample size-population mean....
    Basic Statistics :

    Find out the minimum needed sample size if you want to be 95% confident that sample mean is in two units of true population mean. Suppose that sigma = 7.8 and that the population is normally distri

  • Q : What is the test value for hypothesis....
    Basic Statistics :

    At a certain university, the average cost of books per student was $400 per student last semester. In a sample of 40 students this semester, their average cost was $430 with a standard deviation of

  • Q : Explain what is the definition of the percentile....
    Basic Statistics :

    Explain what is the definition of the 90th percentile? For any distribution the mark that separates the highest 10% from the rest of the scores is called

  • Q : What is the test value....
    Basic Statistics :

    A recent survey indicated that the average amount spent for breakfast by business managers was $7.58 with the standard deviation of $0.42. It was felt that breakfasts on the West Coast were higher t

  • Q : Calculate the critical values for testing....
    Basic Statistics :

    A doctor believes that the standard deviation of systolic blood pressure is 450. A random sample of 24 patients found a standard deviation of 520. Suppose the variable is normally distributed and a

  • Q : What is the critical t-value for a right-tailed test....
    Basic Statistics :

    Assume that in a hypothesis test with null hypothesis 0 μ H : = 13.0 at a = 0.05, that a value of 11.0 for the sample mean results in the null hypothesis not being rejected.

  • Q : Compute value of p based on the expected values....
    Basic Statistics :

    Compute value of p based on the expected values. Explain if p is the probability of Event 1 and (1-p) is the probability of Event 2 based on the expected returns for what values of p would you choos

  • Q : Estimating pearson correlation coefficient....
    Basic Statistics :

    Assume the correlation between height and weight for the adults is +0.70. What percent of variability in weight is predicted by relationship with height?

  • Q : State the random variables and means in words....
    Basic Statistics :

    Paramedics in a large city say they need more staff at night because they get more emergency calls then.  A random sample of 7 nights showed that the paramedics received the following numbers o

  • Q : State the null and alternative hypothesis for a problem....
    Basic Statistics :

    Assume you have developed a new program to stop teens from smoking.  You try the program on high school seniors and then learn how many of them started to smoke.  You believe that the prop

  • Q : Express difference between mean iq scores of the groups....
    Basic Statistics :

    Establish what analysis would you do on each problem (i.e, one-sample z-test, one-sample t-test, proportion test, two-sample independent t-test, or paired test)?  Then state the null and altern

  • Q : Interpretation of confidence interval....
    Basic Statistics :

    Find out the predicted value of Y given X = 24. Give the interpretation of predicted value in context of the problem. Find out 95 % confidence interval for mean value of Y given X = 24. Give interpre

  • Q : Why a new training method has been developed....
    Basic Statistics :

    Determine what analysis would you do on each problem (i.e., one-sample z-test, one-sample t-test, proportion test, two-sample independent t-test, or paired test)?  Then state the null and alter

  • Q : Determine the analysis and state the null....
    Basic Statistics :

    Find out what analysis would you do on each problem (i.e., one-sample z-test, one-sample t-test, proportion test, two-sample independent t-test, or paired test)?  Then state the null and altern

  • Q : Find the mean and standard deviation for sample....
    Basic Statistics :

    Find out what analysis would you do on each problem (for example one-sample z-test, one-sample t-test, proportion test, two-sample independent t-test, or paired test)?  After that state the nul

  • Q : Find out the standard error of proportion....
    Basic Statistics :

    A home owner claims that the current market value of his house is at least $400,000. Sixteen real estate agents were asked independently to estimate the house's value and 9 supported the homeowners

  • Q : Wiener process-normal distribution....
    Basic Statistics :

    Let Wt be a wiener process and t denote the time. Is stochastic process Xt - 2Wt +t martingale? Describe.

  • Q : Estimating probability-poisson distribution....
    Basic Statistics :

    Patients arrive at emergency room of costa valley Hospital at the average of 5 per day. The demand for emergency room treament at the costa valley follows the poisson distribution.

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

    In a test of the hypothesis that a female flirt at others more than males do, females and male subjects were videotaped while interacting at a conference. All through the conference the number of fl

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