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Suppose that you have the following data:
x 3 5 2 6 1 4y 25 110 9 250 3 71
a) Draw the scatter diagram. Does it appear that x and y are related? If so, how?
b) Test to determine whether there is evidence of a linear relationship.
A marketing agency has developed three vacation packages to promote a timeshare plan at a new resort. They estimate that 20% of potential customers will choose the day plan
A local health center noted that in a sample of 400 patients 80 were referred to them by the local hospital. a) Provide a 95% confidence level for all the patients who are referred to the health center by the hospital.
Tweleve cases of leukemia are reported in people living in a particular census tract over a 5 year period. Is this number of cases abnormal if only 6.7 cases would be expected based on national cancer incidence rates?
What is the likelihood that none of the selected flights arrived within fifteen minutes of scheduled time?
A survey is planned to determine the mean annual family medical expenses of employees of a large company. The management of the company wishes to be 95% confident that the sample mean is correct to within plus-or-minus $50 of the population mean.
Where S, A, and R are measured in dollars per week. Vanguard's marketing director is comfortable using parameter estimates that are statistically significant at the 10% level or better.
The mean of a normal probability distribution is 60; the standard deviation is 5.
What is the 90% confidence interval estimate of the difference between two population means.
Graph one shows a number of observations that are very spread out but generally trending from the top left of the graph to the bottom right.
A mean score of 600 and a standard deviation of 100. What credit score defines the top five percent of scores. Within what range would 85% of credit score fall.
Using decision tree analysis, decide whether Jay must proceed with his law suit against manufacturer.
Solve this problem explicitly using all five steps of hypothesis testing, and illustrate your answer with a sketch showing the comparison distribution
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