Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q1) A study was recently done in which 500 people were asked to point out their choices for one of three products. Following table illustrates the breakdown of responses by gender of the respondents.
Product Preference
Gender
A
B
C
Male
80
20
10
Female
200
70
120
Based on data, probability that person in population will favour product A can be assessed as: i) 0.18
ii) 0.56
iii) 0.286
iv) 0.16
Q2) Suppose that standard deck of 52 playing cards is randomly shuffled and first 2 cards are dealt to you. Find out the probability that you have blackjack? Blackjack is where one card is an ace and other card is worth 10 points. 10 point cards are Kings, Queens, Jacks and 10's.
Describe a business situation that you have had or might face that will benefit from the use of confidence intervals?
Compare the two forecasts computed in (a) and (b), using MAD. Which one should the dealer use for January of the next year?
Twenty three percent of automobiles are not covered by insurance. On a particular weekend, 35 automobiles are involved in accident.
Find out the correlation among the two variables in the regression. A simple linear regression produced the following computer output.
Find out the slope, b, and the intercept, a, for the least-squares line. Write the equation of the least squares line.
Find out the range of the following set of whole numbers: 12, 13, 15, 17, 12, 18, 12, 19, 13, 12, 14, 13, 12, 15
See if there is a difference in their means and variances.
How many boxes must the processor sample to be 95 percent confident that the sample mean does not differ from the population mean by more than 0.2 pounds?
Let X be the number of correct guesses by your friend in the 100 trials and Use the Normal approximation with the continuity correction - Which of the following might be reasonably modeled by the binomial distribution
A journal polled its readers to determine the proportion of wives who, if given a second chance, would marry their husband again.
Run an ANOVA using only groups 1 to 6 (You can hide group 7 from the analysis by data followed by select cases and then you filter out group 7 by if GROUP~= ). Also run the posthoc tests LSD and Bonferroni.
Fifty raffle tickets are numbered 1 throughout 50, and one of them is drawn at random. What is the probability that the number is a multiple of 5 or 8? Consider the following "solution": Since 10 tickets bear numbers that are multiples of 5 and 6 ..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd