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What does analysis of variance mean?
One of the students answers this question as follows:
MS total = MS between + MS within
This question has ten points. If you were the instructor, would you give this student ten points, five points, two points, or zero points? Explain why?
Evaluate the mean, the median, and the mode of the salaries. Which best describes a typical salary and Evaluate the range, variance, and standard deviation of the data set. Interpret the results in the context of the real-life setting.
What is the 95% confidence interval estimate of the mean television viewing time per week during the 8:00 p.m. to 11:00 p.m. time period?
The mean of land and buildings per acre from a sample of farms was $637, with a standard deviation of 26. Use Empirical Rule to find approximate percentage of acreage whose values were between $ 661 and $663.
Findout the 98% confidence interval for true mean. Findout a 98% confidence interval for the cigarette tax in all 50 states.
Use Excel and the data to test whether the mean alcohol expenditures for UCM students is equal to that of SBU students using a 1 % level of significance.
Using WSJ or IBD look up the following stocks: General Electric, General Motors, Microsoft and Intel and answer the following questions for each stock. You may have to refer to several issues of your newspaper for all of the information if the pap..
What are confounds? Give an example of a design that has three confounds. Describe three ways to alter the design to address these confounds and explain the advantages and disadvantages of each.
What would you predict the price per share to be if 95 million shares were offered?
What is the difference between a descriptive model that is developed using multiple regression analysis with time-series data and a model that is considered predictive?
If person is selected at random and tested, determine the probability of that person having an IQ score between 85 and 115. Make use of EXCEL to help determine the probability.
If it costs 1 cent to make a liver-flavored biscuit and 2 cents to make a chicken-flavored one, what is the optimal product mix for a package of the biscuits in order to minimize the firm's cost?
A large industrial firm uses 3 local motels to provide overnight accommodations for its clients. From past experience it is known that 20% of the clients are assigned rooms at the Ramada Inn, 50% at the Sheraton, and 30% at the Holiday Inn.
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