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

How to choose a sample, Q. How to Choose a Sample? The way a sample is ...

Q. How to Choose a Sample? The way a sample is chosen is extremely important in all statistical studies. This is because, ultimately, all the inferences will be based on the s

Ms 4, 2. From the following cost, production and sales data of Decors Motor...

2. From the following cost, production and sales data of Decors Motor Ltd., prepare comparative income statement for three years under (i) absorption costing method, and (ii) margi

Psuedocode, If today is a weekday and it’s not a holiday, then you go to wo...

If today is a weekday and it’s not a holiday, then you go to work. However, if it’s a weekday and a holiday, then what you do depends on the weather: If it’s raining, you play vide

Audit, hi i need help for an auditing assignment

hi i need help for an auditing assignment

Managerial, Manchester Custom Fabricating Company uses a job order system. ...

Manchester Custom Fabricating Company uses a job order system. At the beginning of May, Manchester had two jobs in process, Job #22 (DM = $600 and DL = $780), and Job #23 (DM = $75

Balance sheet assignment, The High Company Balance Sheet Assignment (to be...

The High Company Balance Sheet Assignment (to be completed using Microsoft Excel) -Create T accounts for each transaction #1-10 -Create a trial balance -Create Income Statement -

Financial statement, opened a business each contributing %60,000 cash to th...

opened a business each contributing %60,000 cash to the company and receiving a capital stock for their investment

When are expenses credited, When are expenses credited? While common jo...

When are expenses credited? While common journal cost records are typically debited and have debit account balances, there are times when the cost records are acknowledged.

Functions , i need help it says for the tables of values determine appropri...

i need help it says for the tables of values determine appropriate veiwing window, create a scatter plot, write a function rule, and graph your funtion rule over your scatter plot

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