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A market researcher wants to find the 99% Confidence Interval for the average number of hours people spend online each day. She obtained a small sample of 18 people and found the sample mean was 92.5 minutes with a sample standard deviation of 15.3. Find the margin of error for the 99% Confidence Interval for the population mean.
Compute the number of French fries that would have to be sampled and measured to be 98% sure of being within 0.4 cm of the true mean.
Suppose that this is a simple random sample of adult residents of Maine.
Probability based on binomial distribution - evaluate the probability of x successes in the n independent trials of the experiment.
In a regression model involving 30 observations, the following estimated regression equation was obtained:
Could you please explain in words how you figure out deciles, quartiles, kurtosis, skewness in Excel? How do you find the sum count, largest, and smallest in Excel?
Data is distribution of the most popular colors for 2005 model luxury cars made in North America. Design the pie chart and bar graph for data.
Determine the range, variance, and standard deviation for the sample data.
The mean of a normal probability distribution is 60; the standard deviation is 5.
Evaluate the value of population proportion. Develop a 99% confidence interval for population proportion.
What is the probability that the first card dealt is an ace of spade?
If we know that 20 people will attend, what price should be charged per person to break even?
Calculate the mean and standard deviation of the following data sets, then produce a five number summary and box plot of data.
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