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An accounting firm is planning for the next tax preparation season. From last year's returns, the firm collects a systematic random sample of 100 filings. The 100 filings showed an average preparation time of 90 minutes with a standard deviation of 140 minutes. What is the standard error of the mean?
a.14 minutesb. 140 minutesc. 1.4 minutesd. 90 minutes
How many departments would they need to survey to achieve this level of accuracy with 95% confidence?
Do any of the selected samples seem to be out of the control limits? Describe.
The concentration of glucose(mg/dl) for all samples was measured on one run of a spectrophotometer 1. give the statistical model and full explain each component.
According to a recent survey of 500 randomly selected residents of Popular City, it was found that 38% are in favor of raising city taxes in order to build a new stadium for the local baseball team. (a) What is the population of interest of the su..
A radio station wants to know if residents in their area are in favor of a proposed tax increase. They invite listeners to call in to respond to the poll. 645 of the 800 who responded were against the tax.
Test whether the gender distribution for basketball fans is significant different from general college by proportion test.
A survey found that 85% of women in a given city enjoy shopping online. Suppose you randomly selected 6 women from the city and ask them whether or not they enjoy shopping online. Find the probability that exactly 4 say they enjoy shopping online.
Payne (2001) gave participants a computerized task in which they first see a face and then a picture of either a gun or a tool. The task was to press one button if it was a tool and a different one if it was a gun.
a) Explain why it would be hard to take a Simple Random Sample? b) Describe how to take a cluster sample of chocolate chip cookies.
Would you be willing to provide an example of both methods (step by step) described in your document for determining the forecast based upon the two different methods. Maybe just for one single city.
Test hypothesis that annual incomes of corporate trainers in areas of more than 500,000 are considerably more than those in areas of less than 100,000. Make use of the 5% level of risk.
A quality control engineer is interested in the mean length of sheet insulation being cut automatically by machine. The desired length of the insulation is 12 feet. It is known that the standard deviation in the cutting length is 0.15 feet. A sam..
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