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Suppose that 15% of all adults jog. An opinion poll asks a simple random sample of 500 adults if they jog.
a) What is the sampling proportion in the sample who jog?
b) According to the 68-95-99.7 rule what is the probability that the sample proportion who jog will be 11.8% or greater?
If sales is the variable you are trying to explain and you have 2 independent variables of color and price. The color coefficient is 100, and the price coefficient is -200. You have an intercept coefficient of 999 and an r-squared value of .2706. ..
Residents of Mill River have fond memories of ice skating at a local park. An artist has captured the experience in a drawing and is hoping to reproduce it and sell framed copies to current and former residents.
A sociologist wants to describe if the life expectancy of people in Africa is lesser than the life expectancy of people in Asia.
Estimate and interpret the p-value of the calculated test statistic above.
The price of XYZ Corporation stock is normally distributed all through the year with mean of $42.00 per share and a standard deviation of $2.25 per share. Suppose that the stock is traded 240 days out of the year.
Demands for an item are part of a poisson process and are made on a warehouse 3 times per day. What is the probability that on a given day this item is requested:
Do 1-sample t-test to see if people in Chicago have travelled to fewer states than people nationwide. Utilize the 10% (.10) level of significance.
At 5% level of significance, is there evidence of difference in mean life of bulbs made by the 2 kinds of machines. What is your conclusion?
Make a List of type of possible errors. Assume that you were interested in knowing the mean score for a certain quiz in a statistics class.
Identify at your place of work (or a previous place of work, or an organization with which you are affiliated). Identify a dependent variable and 3 independent variables
To find out the prior probability, conditional probability and posterior probability. Calculate the posterior probability that the bid will be successful given a request for additional information.
A flour mill produces flour in small bags before distributing them to wholesalers. The average weight of each bags is 8 kg with a standard deviation of 0.5 kg.
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