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Blake's Mortgage Company utilizes four different appraisers for the purpose of determining the value of a house. There is a concern by the company's owner that the appraisers are not providing the same estimates. She wants to determine if there is a difference between the four appraisers. Six houses were selected and each appraiser provided an appraisal for each of the six houses. What would be the best statistical test to use for the analysis of this data?
To estimate the true proportion of students who abstain from alcohol at LBCC, you will need to take a simple random sample.
The Internal Revenue Service (IRS) provides a toll-free help line for taxpayers to call in and get answers to questions as they prepare their tax returns.
Give an example of a repeated measures analysis of variance (ANOVA)--no examples of therapy or temperature.
A pharmaceutical company has determined that if a new cholesterol-reducing drug is manufactured (introduced to the market) the following probability distribution will describe this drug's contribution to the company profits during the next six mon..
What is the difference between a one-tail and a two-tail test? How do we identify each? What is meant by a p-value?
Briefly discuss a real-world example when the solution of a system of inequalities must be in the first quadrant?
How much evidence is there that the mean composite satisfaction rating exceeds 42?
Assume 41% of all American adults have some college education. American adult is randomly selected. Determine the probability that adult owns stock or has some college education?
In a high school graduating class of 100 students, 42 studied math, 68 studied psychology, 54 studied history, 22 studied both math and psychology, 7 studied history and neither math nor pyschology, 10 studied all three and 8 did not take any of t..
Scientist would like to know if mental health clients of private versus public service agencies differ on Global Assessment of Functioning (GAF) scores and on Satisfaction with Services (Satisfaction). She has collected data for 34 clients from a ..
Compute the Relative risk (RR) of ADR with Drug A compared to Drug B. Show all calculation. Interpret the RR value. Do you arrive at the same conclusion based on the OR estimate and RR?
Categorize the following as discrete or continuous random variables.
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