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To find out whether or not they have certain desease, 110 people are to have their blood tested. Though, rather than testing each individual separately, it has been made decision first to group people in groups of 10. Blood samples of 10 people in each group will be pooled and analyzed together. If test is negative. one test will suffice for 10 people (we are suppose that pooled test will be positive if and only if at least one person in pool has desease); while, if test is positive each of 10 people will also be individually tested and, in all, 11 tests will be made on this group. Suppose probability that person has desease is 0.06 for all people, independently of each other, and calculate expected number of tests essential for each group.
Bill calculates a linear correlation coefficient between two variable as 1.20. How would you interpret this?
To develop 3-month and 2-month moving average for the time series.The following data represents demand for company ABC's products for the last 10 months.
Consider a problem where we two products: Product A (cloth bags) and product B (leather bags). Each unit of Product A that is sold produces $30 in profit and each unit of Product B that is sold produces $50 in profit.
For following scores determine values of each expression: X: 4, 2, 1, & 5. åX, åX 2 , (åX) 2 , å(X-1).
In the past HR uses an average of 25 vacation days per worker in order to make available man-hour and payroll predictions. Is there evidence to show that the number of vacation days decreased over the past year? Use alpha = .05
A bag contains 4 chips of which one is red, one is blue, one is green, and one is yellow. A chip is then selected at random from a bag and then replaced in the bag.
Jerry however is unsure the 0.6 probability of a favorable marketing research study is correct. How sensitive is Jerry's decision to this probability value ? How far can this probability value deviate from 0.6 without causing Jerry to change his d..
A company auditor was interested in estimating the total number of travel vouchers that were incorrectly filed. In a SRS of size n =50 oft of the group of N = 250, were filed incorrectly.
Explain the meaning of the conditional mean of the dependent variable in the population regression function. Illustrate using an example.
Develop a 99% confidence interval for the population mean household income, assuming a normal distribution.
The math SAT scores for all women are normally distributed with a mean of 496 and a standard deviation of 105.
Mauricio Cruz, a wine merchant for Cruz's Spirits Emporium, wants to determine if the average price of imported wine is less than the average price of domestic wine.
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