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Use the binomial distribution in the Data Analysis add - in to simulate the distribution of men and women among the next ten arrivals at an emergency room, assuming that, on average, six people out of ten who arrive are men. Generate a random seed using RAND() . Simulate the arrival of fifty sets of ten people. Use the COUNTIF() function to determine how many of the fi fty sets of ten people will be all men and how many will be nine men and one woman.
Index number acts as a barometer for measuring the value of money. What are the characteristics of an index number? State its utility.
Construct a frequency distribution (class, tally and frequency) for the data set using the indicated number of classes. In the table, include the midpoint, relative frequencies and cumulative frequencies.
My question bout How do I use the TINV function within excel to back out the t-statistic for the test? Why did you use the TDIST function? I know ho to use the TINV function, but what does it mean to back out the t-statistic for the test?
What is the probability that the person thinks that "Made in America" ads boost sales and uses social media online?
A startup company began manufacturing toy dolls tailored to environmental-oriented customers. Using linear regression, find a linear model for the Cost Function if the company's yearly costs for the next five years were (2005,$8,000,000),(2006,$1..
A student team examined parked cars in four different suburban shopping malls. One hundred vehicles were examined in each location.
Compute a seasonalized or adjusted sales forecast.
Assume a sample of 400 American adults were taken. Show the sampling distribution of the proportion of adults who balance their checkbook at least once a month.
What is the probability that they all hit the target?
Compute the suitable Test Statistic to test hypothesis that the proportion of condominiums that sold within 30 days decreased from 2006 to 2007.
Among the half that had surgery, 80% showed improvement after three months, but only 54% of those who used the wrist splints improved. what's the standard error of the difference in the two proportions?
Determine the median, and the standard deviation. Determine the coefficient of skewness using Pearson's method. Listed below are the commissions earned ($000) last year by the sales representatives at the Furniture Patch, Inc.
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