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Statisticians prefer large samples. Describe briefly the effect of increasing the size of a sample on each of the following:
A) The margin of error of a 95% confidence interval?
B) The P-value of a test, when Ho is false and all the facts about the population remain unchanged as n increases?
Find a point estimate of the population mean. Find the 95% confidence interval of the population mean. Assume the variable is normally distributed.
Research reports an F=ratio with df=3.36 from independent-measures research study. How many treatment conditions were reported in the study what was the total number of participants?
Are the following statements a valid pair of null and alternative hypothesis?
The president of the American Insurance Institute wants to compare the yearly costs of auto insurance offered by two leading companies.
A financial planner wants to compare the yield of income- and growth-oriented mutual funds. Fifty thousand dollars is invested in each of a sample of 35 income-oriented and 40 growth-oriented funds.
The probability of Toyota building a new production plant is 70% and the probability of GM building a new one is 50%. The following are the probabilities associated with the countries Toyota would build a new plant:
You are conducting an evaluation of services at a social service agency. One of the evaluation issues is finding out whether male clients rate the quality of casework services as highly as do female clients.
Whole Foods needs at least 1,000 units of beets. The Ames supplier can supply at least 400 units and the Zearing supplier can supply no more than 900 units. Develop constraints for these conditions.
Election-day polls are taken from voting precincts selected because they are believed to be representative of all voters.
What is the predicted blood pressure for an average 17 year old as estimated from the regression line? And the standard error of the estimate for a 17year old ?
Using the original data, test at the 5% significance level that the population standard deviation of studying times is greater than 4 hours.
Suppose a simple random sample of 20 non-English student have an average math score on the SAT exam of 528. What are the appropriate hypotheses?
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