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Decide whether the normal sampling distribution can be used. If it can be used, test the claim about the population proportion p at the given level of significance α using the given sample statistics. Claim: p < 0.12; α = 0.01. Sample statistics: ∧ = 0.10, n = 20.
The records of a casualty insurance company show that, in the past, its clients have had a mean of 1.8 auto accidents per day with a variance of 0.0016.
Steve then conducts a one-sample t-test on the data, knowing that there is an established mean for the publication of others that have taken this test of 6.
Describe the distribution of the x-bars that you see in part b (shape of distribution, center, and the amount of dispersion).
Suppose we wish to test the null hypothesis that there are no differences among the proportion of men and women who developed a rash. Evaluate the P-value of the chi-square test of this hypothesis.
Explain the effect outliers can have on the analysis of the center of this data set. Based on the box-plot and histogram you created for problem 1, do there appear to be any outliers?
Evaluate the probability that patient taking drug will experience flu symptoms.
Find the discrete probability distribution for the random variable X and compute the corresponding mean and standard deviation.
Florida State University administers a test of mathematics placement to students when they first enter the university.
Which two types of probability sampling are best suited for business research and statistical data analysis, and why?
Recent studies indicate that the typical 50-year-old woman spends $350 per year for personal-care products. The distribution of the amounts spent is positively skewed.
Determine the distribution of X? Determine its parameters?
A certain random experiment can result in one of four different possible outcomes, which we'll call A, B, C and D.
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