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Insurance company, based on past experiences, evaluates mean damages for natural disaster in its area is $5000. After introducing several plans to decrease loss, they randomly sample 20 policy holders and determine its mean amount per claim to $4900 with standard deviation of $1300. Does it seem prevention plans were effective in reducing mean amount of a claim? Use 0.05 level of significance. Set up Null and Alternate Hypothesis.
What is the probability that a randomly chosen eight-week old baby smiles between 2 and 18 seconds?
Determine the probability that pregnancy will (a) last more than 300 days; (b) less than 240 days; (c) between 250 and 282 days.
A unit for a telecommmunication system is to be designed so that the probability that it fails during a period of five years does not exceed 0.4. the unit is to be made up of (n) effectively identical componants each with an exponential failure di..
Do women and men have different opinions about affirmative action? Based on a sub sample of 2008 GSS, the output figure below shows respondent's sex (sex) and attitudes toward affirmative action (DISCAFF: Are whites hurt by affirmative action).
Let X be random variable which counts number of cars that, in given unit of time, pass by Joe's Barber Shop on Main Street. Determine the distribution of X?
At the 5% level of significance, can we infer that the population mean weight of athletic men is lower than the population mean weight of non-athletic men by more than 2 pounds?
Carry out the ANOVA and, if essential, post-hoc comparisons. Make a graph to represent group differences, and interpret ANOVA in a paragraph written in APA style.
Using the data in the Excel file Home Market Value, develop a multiple linear regression model for estimating the market value as a function of both the age and size of the house.
What is the expected shape of the distribution of the sample mean?
Explain these results to a person who understands the t test for a single sample but knows nothing about the t test for independent means.
Let 3 trails (they may not be independent), each of which is either success or not. Let X denotes number of successes. Assume E[X] = 1.8. Determine the largest possible value of P(X=3)?
When studying simultaneous responses to two categorical questions, we should set up a a) contingency table. b) frequency distribution.
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