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Jim and Mike go to a coffee shop during their lunch break and toss a coin to see who will pay. The probability that Mike will pay three days in a row is 0.125.
At.01 significance level, can we conclude that 30-year mortgage rate for small banks is less than 6%? Evaluate the p-value.
By using a level of significance of .10, is there evidence that the population mean weight of the candy bars is greater than 4.3?
Evaluate the significance of the hypothesis that the randomized algorithm has a lower average runtime than the known comparison algorithm. As before, explain and list your calculations, test choices, and conclusion drawn.
The mean is a useful measure, but it can be misleading. Describe a circumstance when the mean is very useful as the average and a circumstance when the mean is very misleading as the average.
Give null and alternative hypotheses for this test in symbolic form.
Compute the probability that student eats at fast food restaurant 2 or more times per week?
Develop an appropriate forecast model for the given problem whereas the student population has remained constant during this period.
Assume that the amount your town's population grows every year is fixed or constant. Utilize your equation in part b to approximate the population in the year 2030.
You are presented a 90% confidence interval for the difference in population mean scores (with drug - without drug) of (-17.81, -7.24). What can you conclude from this interval?
She has a history of being successful at getting a donor on 55 percent of her calls. If June has a quota to get at least four donors each day.
If she has chosen the first weeks rides, how many ways can she choose four more different rides for the second week? Assume that order does not matter.
Construct a 95% confidence interval for the average amount its credit card customers spent on their first visit to the chain's new store in the mall assuming that the amount spent follows a normal distribution.
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