Correlation and regression problems, Basic Statistics

Assignment Help:

CORRELATION & REGRESSION:

1)  What do you mean by the term correlation?

2)  Point out the differences between coefficient of correlation and regression.

3)  If the correlation for a given data set is 0.75 what does it signifies.

4)  Point out the differences between Karl Pearson and Spearman's Rank correlation

5)  Describe the steps used for multiple regression analysis.

PROBABILITY:

1) If a person is vaccinated properly, the probability of getting the disease is .04. Without the vaccination, the probability of getting the disease is .30. Assume 1/4 of the population is properly vaccinated.

a. If a person is selected at random, what is the probability they will get the disease?

b. If a person gets the disease, what is the probability that they were properly vaccinated?

HYPOTHESIS TESTING:

1) In a large population of students, a school claims that the average ACT score is µ = 25. A newspaper disputes this claim and obtains a random sample of 34 students which yields an average of 24.2, and s = 6.2. Conduct a hypothesis test at the 10% level to determine whether there is statistical evidence that the survey is different than the actual population.

2) A test was designed to test student's ability to learn statistics. Thousands took the test and were divided by sex. A random sample of 50 was chosen from each group. The females had an average of 44 with a standard deviation of s = 2.1 and the males had an average of 45 with a standard deviation of s = 2.3. Construct a 95% confidence interval for the difference in mean test scores of the two populations.

3) The following is a random sample of numbers of people who were hired at a company over the last 10 years. Construct a 70% and 90% confidence interval for the difference in male and female hiring.   

 

Male

Female

Hired

200

300

Interviewed 

450

500


Related Discussions:- Correlation and regression problems

Differance between categorical and dependent variable, Choose a topic that ...

Choose a topic that interests you that you can explore either with the 2006 GSS. You should have one primary "dependent" variable that you are interested in (Y). This variable shou

Bond calculation, Calculate the original price of the bond. Bonds were issu...

Calculate the original price of the bond. Bonds were issued at $200,000 of x% ten-year term bond at an effective annual interest rate (market rate) of x%. The bonds pay interest se

Esk jewellery, You are working for the management of ESK Jewellery as a mar...

You are working for the management of ESK Jewellery as a marketing consultant. The main business of ESK Jewellery is the retailing of diamond jewellery. They opened their first sho

Defining statistics, Problem 1 Statistics plays a vital role in almost ...

Problem 1 Statistics plays a vital role in almost every facet of human life. Statistics. Explain the applications of statistics in business and management. Defining Stati

DATA MINING, please break this problem down to laymen term so that I unders...

please break this problem down to laymen term so that I understand how you arrived at the answer. 1. AllElectronics caries 1000 products, P1, … P1000. Consider customers Ada, Bob,

#title. .decision tree, Assume that you have a client that is a paper manuf...

Assume that you have a client that is a paper manufacturer and they have expressed concern that the government will pass a new regulation banning the use of chlorine-based technolo

Give the appropriate choice of the null hypothesis, 1 . Below are the point...

1 . Below are the points scored by the winning team in Week 10 of NFL professional football games this Fall, 2011. 24 17 44 13 21 24 30 20 37 26 17 22 27 37 37 45 a) Use thes

Hypotheses testing, Celia is a nurse in a geriatric ward.  She noticed that...

Celia is a nurse in a geriatric ward.  She noticed that older persons in her care are having problems sleeping at night.  She decided to introduce non-pharmocologic ways of relaxat

Calculate the posterior variance and mean, 1. Suppose that there is a Beta(...

1. Suppose that there is a Beta(2,2) prior distribution on the probability µ that a coin will yield a "head" when spun in a speci?ed manner. The coin is independently spun 10 times

Cost behaviour, variable cost per unit remain constent why

variable cost per unit remain constent why

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd