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Consider the following frequency table of the performance ratings on a scale of 1-good, 2-fair, and 3-poor, bestowed on their local baseball team by a collection of 100 fans:
Rating Frequency
1 20
2 30
3 50
The cumulative relative frequencies for each performance rating are
a. 1-20%, 2-30%, 3-50%
b. 1-20%, 2-50%, 3-100%
c. 1-80%, 2-70%, 3-50%
d. 1-50%, 2-30%, 3-20%
Psychologists once measured 77 variables on a sample of schizophrenic people and a sample of people who were not schizophrenic. They compared the two samples using 77 separate significance tests.
State the null and the alternative hypotheses. Using the p-value approach, test to determine whether or not the mean age of all employees is significantly more than 40 years.
Determine the standard error of students that favoured the move.
A bank's loan officer rates applicants for credit. The ratings can be described by a Normal model with a mean of 200 and a standard deviation of 50.
If x is a binomial random variable where n = 100 and p = .1, find the possibility that x is less than or equal to 10 using the normal approximation to the binomial.
If die is loaded so that 6 comes up with probability 0.2 and probabilities of 2,3,4, and 5 faces are not affected, determine the assignment of probabilities to the six faces?
Assume gasoline prices for a region are normally distributed. do the data you obtain provide enough evidence to reject the claim? use 1% level of significance.
Compare a three-month moving average forecast with an exponential smoothing fore-cast for a = 0.2. Which provides the better forecasts using MSE as the measure of model accuracy?
Blood type AB is found in only 3% of the population. If 320 people are chosen at random, find the probability of the following. (Round your answers to four decimal places.)
The credit score of a 35 year old applying for a mortgage at Ulysses Mortgage Associates is normally distributed with a mean of 600 and a standard deviation of 100.
Probability that the entire batch will be rejected?
A random sample of 25 injections resulted in a variance of 0.135 test if the apparatus has a greater variance than the desired one.
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