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A store is running a promotion during which customers have two options for payment. Option one is to pay 90% of the purchase price two months after the date of sale. Option two is to deduct X% off the purchase price and pay cash on the date of sale. A customer wishes to determine X such that he is indifferent between the two options when valuing them using an effective annual interest rate of 8%.
How might you design an experiment that will effectively collect data for this chosen hypothesis? How will you minimize threats to validity? Will it be a true experiment or a quasi-experiment?
When a fisherman catches a fish, it is a young one with a probability of 0.23 and is returned to the water. On the other hand, an adult fish is kept to be eaten later.
Can we infer from these data that there is a positive linear relationship between the value of the fund and the price of gold - Mutual funds minimize risk by diversifying investments they make.
Using standard methods for linear statistical prediction, find the percent increase in sales revenue that would be expected if the price were lowered by 15%. Find the usual measure of the strength of association between price reduction and sales re..
Find the percent of a standard Normal model found in the given region. Round to the nearest hundredth of a percent.
Generate the statistical null and alternative hypotheses. Describe what information the effect size would tell you that the probability value would not tell you.
Student A and B took different statistics classes and 2 different finals. Student A had a score of 83 out of 100 and ranked 72 in his class. Student b scored 85 out of 100 and he ranked in the 70 percentile of his class.
refer to the following frequency distribution for questions 1 2 3 and 4.the frequency distribution below shows the
q1. the discussion surrounding the anova is very important. this is a widely utilized statistical tool. what is the
How would you approach identifying the two correct time series in #1 to the proceed to merge them into one and make a weekly estimate of attendance?
Construct a 95% confidence interval estimate for the population proportion of airline travelers who think that the airline fee that is most unreasonable is additional charges to redeem point/miles.
Find the probability that in a given month:
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