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Q1: What are some real life examples of the use of Chi-Square tests using contingency tables?
Q2: Why is a test, which is testing significant differences among means called Analysis of Variance?
Q3: Why might a non-parametric test be used, in place of the One-Way ANOVA F-test, for testing the difference among several population means?
The Confused Bricklayer Robot Problem - Draw a picture to illustrate the initial problem situation and how can you describe a possible solution?
This is called a one-time fling. About 10% of all adults deliberately do a opne-time fling and feel no guilt about it!
If statistically significant, do you think the difference is large enough to be important?
Upon reviewing the accounting records from the restaurant, you discover that it grosses roughly $3000 per day on 6 out of 10 days. Determine the estimated probability that the restaurant will gross over $3000:
In the data collected for construction of c chart, the average number of defects per unit of output is c = 7.5. Discuss the 3-sigma upper and lower control limits for the control chart?
Multiple choice questions based on regression - A regression and correlation analysis resulted in the following information
An old saying in golf is "you drive for show and you putt for dough." The point is that good putting is more important than long driving for shooting low scores and hence winning money.
Find out the following: Mean swipe rate, Standard deviation of the swipe rate.
Conduct a two-sample test of means. A study by a bank compared the average savings of customers who were depositors for three years or less with those who had been depositors for more than three years.
How likely is it that the store owner will make at least $7,000 if she implements your suggestion?
A sample of 10 persons is used to measure the effectiveness of two massage techniques. The effectiveness of the techniques is measured by the number of days that pass by before the subjects feel the need for another massage session.
What is the standard deviation of expected returns for Stock X? For Stock Y?
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