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Define and mention characteristics of normal probablity curve,Distinguish a group of 500 people into three groups assuming that the attribute of grouping is normally distributed. In a statistic class, 10 scores were randomly selected with the following results were obtained: 74, 73, 77, 77, 71, 68, 65, 77, 67, and 66. What is the third quartile?
Suppose that 64 smokers were sampled. Assume the sample mean and the sample standard deviation remained the same ($20 and $5, respectively).
Does the variability in output appear to differ at the two experience levels? Test the hypotheses at the .05 significance level.
A sample of 81 observations is selected from a normal population with a standard deviation of 5. The sample mean is 40. Determine the 95% confidence interval for the population mean.
Does drug have significant effect on aggression? Use an alpha level of .05, two tails.
U.S. News & World Report publishes the average starting salary and the average GMAT score for MBA graduates at each of the top 80 ranked schools in the country.
A drug company is considering marketing a new local anesthetic. The effective time of the anesthetic the company is currently producing has a normal distribution with an average of 7.5 minutes and a standard deviation of 1.2 minutes.
Show the sampling distribution of line over x where line over x is the sample mean annual cost of automobile insurance.
Using a random sample of 100 workers, researchers calculate a 95% confidence interval for the average hourly wage earned by construction workers in the city of Boston. This interval they calculate is from $18 to $26.
If they didn't launch new mixing plant another alternate can contribute twenty five million profit for the same period (i.e. estimated 6 years). Draw the complete decision tree and determine whether the product should be launched or not.
Based on this sample information find out what percent of variation in starting salaries is described by GPA, and find out the equation that would forecast salary from GPA. Give a scatter plot.
A random sample of 15 college graduates revealed that they worked an average of 5.3 years on the job before being promoted. The sample standard deviation was 1.2 years. Using the 0.95 degree of confidence, what is the confidence interval for the p..
A multiple regression analysis includes 25 data points and 4 independent variables results in SST = 200 and SSR = 150. the multiple standard error of estimate will be?
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