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

Determine the hypothesised value, Read Confidence Intervals and P-values in...

Read Confidence Intervals and P-values in Section C of your Lecture Workbook or on Cecil under Assignment Resources. Consider a study to determine ways the response rate in surveys

Statistic, difference between histogram and historigram

difference between histogram and historigram

Management accounting, The Rohr Company''s old equipment for making subasse...

The Rohr Company''s old equipment for making subassemblies is worn out. The company is considering two alternatives: a) Completely replacing the old equipment with new equipment

Essentials of statistics for behavioral sciences, it seems that 14% of enga...

it seems that 14% of engaged women buy a wedding dress at least one size smaller than their current size

Mineral water factory., what is the point that i have to konow about the co...

what is the point that i have to konow about the cost accounting inorder to eneter in job

Aggregate expenditure method, Problem Construct a consumer price index ...

Problem Construct a consumer price index for the information given by using  (i) Aggregate expenditure method, (ii) Family budget method. Commodities

Probability, #question An electronic assembly is subjected to a final funct...

#question An electronic assembly is subjected to a final functional test. Suppose that defects occur at random in these assemblies, and that these defects occur according to a Pois

Profit and loss accounting, what does it mean by sales less of goods sold a...

what does it mean by sales less of goods sold and cost less of goods sold

Cost accounting, what are the objective and importance of cost accounting a...

what are the objective and importance of cost accounting and managerial decision making.

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