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Based on your experience using ANOVA and Nonparametric tests, what additional information would you recommend to the key decision maker solve the challenges given in a company that provides software solutions to wide range of clients?
First part of this theorem allows a problem solver to compute probabilities about sample means regardless of whether a population is normally distributed.
The length of a Colorado brook trout is normally distributed. What is the probability that a brook trout's length:
Evaluate your histograms for any outliers in your data. Based on your evaluation of outliers, you may trim no more than 1% of the data contained in the data set. This must be done symmetrically (i.e., trimming no more than 0.5% off the top and 0.5..
The average price of a home is reported to be $203,190. Use this price as the population mean, and assume the population standard deviation is 43,890.
A discrete random variable Y takes the value -1, 0 and 1 with probabilities 1/2θ, 1- θ and 1/2θ respectively. Let Y1 and Y2 be two independent random variables, each with the same distribution as Y.
A mortgage department of a large bank is studying its recent loans. Of particualr interest is how such factors as the value of the home (in thousands of dollars), education level of the head of the household, age of the head of the household, curr..
If the mean times for both George and Julia are actually the same, what is the probability that George will be let go?
Illustrate for what value does probability XYZ will offer a competing product will ABC be indifferent among the alternatives.
Perform a proper analysis. Describe your null and alternative hypothesis, report the p-value. What is your conclusion?
British scientists have developed a 15 minute brain scan they hope could be used to detect autism in children. Autism and related disorders affect up to 7 out of every 1000 individuals.
Can one conclude at a level of significance of .01 that the new ball has improved his game?
Find the margin of error for the estimator in this survey for a 95% level of confidence . In part c, what does the 95% level of confidence imply in relation to the margin of error?
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