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To test whether a new herbal drug is effective in preventing colds 100 people in the treatment group (with drug) 100 people in the control group (no drug) Outcome 1: 30 in the treatment group and 32 in the control group catch colds Outcome 2: 24 in the treatment group and 32 in the control group catch colds Can we conclude that the herbal formula is effective in preventing colds? Is the probability that the observed difference occurred by chance small, less than or equal to 1 in 20 (0.05)?
A local health center noted that in a sample of 400 patients 80 were referred to them by the local hospital. What size sample would be required to estimate the proportion of hospital referrals with a margin of error of 0.04 or less at 95% confiden..
The standard deviation was $21,330. At the .01 significance level, can we conclude that there is more variation in the selling prices of the oceanfront homes?
According to the Scranton Edison Company, utility-plant investment per employee was approximately $453,300; $492,400; $498,900; $531,900; $553,900;
Write a one-page report to Ms. Gupta presenting your conclusions regarding the market performance of Brand 1.
Twenty subscribers were surveyed, it found that the annual health insurance premiums for a family with coverage through an employer averaged $10,979.00. The standard deviation of the sample was $1000.00.
Use Appendix F below to locate the value of t under the following conditions. The sample size is 15 and the level of confidence is 95 percent.
The number of cars arriving at Joe Kelly's oil change and tune-up place during the last 200 hours of operation is observed to be the following.
What is the probability that the mean starting salary is between $31,000 and $33,000 - Graduates from a graphic arts course at a community college have a mean starting salary
The average cost of a one bedroom apartment in a town is $550 per month. What is the probability of randomly selecting a sample of 50 one bedroom apartments in this town and getting a sample mean of less then $530 if the population standard deviat..
Shank's, Inc., a nationwide advertising firm, wants to know whether the size of an advertisement and the color of the advertisement make a difference in the response of magazine readers.
You are given an annual time series with 40 consecutive values and asked to fit a fifth-order autoregressive model.
Which of following statements would be right concerning a twotail test at 0.05 level of significance? We can conclude that average cottage cheese consumption in America is at least 0.705 pound more or less than 2.75 pounds per person per year.
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