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Draw a picture. Suppose that there are two binomial populations. For the first, the true proportion of successes is 0.4; for the second, it is 0.5. Consider taking independent samples from these populations, 50 from the first and 60 from the second.
(a) Find the mean and the standard deviation of the distribution of p^1 - p^2.
(b) This distribution is approximately Normal. Sketch this Normal distribution and mark the location of the mean.
(c) Find a value d for which the probability is 0.95 that the difference in sample proportions is within ±d. Mark these values on your sketch.
In each sample, the proportion of people who voted in the last election is recorded. What can be concluded about the shape of the distribution of those sample proportions?
Are there any high leverage points or extraordinarily influential points? Briefly justify your answer. I. The Variance inflation factors are below. Are there any problems of multicollinearity?
What is probability that a randomly selected student spends less than $450 on textbooks this semester?- What is the probability that a randomly selected student spends more than $240 on textbooks this semester?
usfec rents the flatbed trailers on which the organizations participating in the parade build their floats. the
If you had a research problem appropriate for ANOVA and it was based on the results from three samples, what would be the null hypothesis?
What is the probability that a randomly selected monthly cell phone bill is more than $100?
What is the difference between statistical significance and practical significance? What is a type I and type II errors in hypothesis testing? What would be examples of each? Explain
What is Picasso"s Pantry"s degree of operating leverage? If sales increase by 5%, what will the new operating income be?
A business in a proposed business venture, Stephanie Morrison estimates that there is a 60% chance she will make 80, 000 and a 40% chance she will lose $20,000. Determine Stephanie expected value.
Create a 95% confidence interval for the average amount of additional rain created by seeding clouds. Explain what your interval means.
A regression is estimated with 50 observations,three explanatory variables and with a constant. Suppose You want to test the following hypothesis H0: (β1 + β2) - c0 = 0 and H1: (β1 + β2) - c0 ≠ 0 where c0, is a constant.
The test should be terminated by 1200 hours. Items that fail will be replaced immediately. Determine the plan using Handbook H-108, assuming that the time to failure is exponential.
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