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You are an analyst for the Vanguard Mortgage Company has been using a spreadsheet created by you in the past which functions well. The current worksheet you created currently contains the customer's account, the cost of the house, down payment, amount financed, mortgage rate, loan years (e.g 30 years), % financed, date financed and payoff year. You have been tasked with enhancing the worksheet to include noted basic summary statistics. Which sorts of summary statistical methods would you include in the updated workbook? Describe at least six statistical measures that you would use so that you could explain them to your supervisor.
NCAA Basketball Tournament. Each year, 64 college basketball teams compete in the NCAA tournament. Sandbox.com recently offered a prize of $10 million to anyone who could correctly pick the winner in each of the tournament games.
a quality control technician is checking the weights of a product. she takes a random sample of 8 units and weighs each
a. determine the sample size required to estimate a population proportion to within 0.032 with 97.8 confidence
Calculate 95 percent and 99 percent confidence intervals for u(mean). Using the 99 percent confidence interval, can we be 99 percent confident that u(mean) is at least 42? Explain.
I did a study correlating net profit per location with expenditures on an in-house promotion, and got a correlation of about .15, and that was received very well.
what proportion of a normal distribution is located in the tail beyond a z-score of z
A medical researcher is interested in whether patient's left arms or right arms are longer. if 14 patients participate in this study (so that n left arms and n right arms are measured), how many degrees of freedom should the researcher use in her ..
a survey of 1085 adults asked do you enjoy shopping for clothing for yourself? the results indicated that 51 of the
Management wishes to know how many casks of each wine to make to maximize total. profit. Prepare the linear programming model for this problem.
a fair coin is tossed 8 times. what is the probability thata exactly 4 heads appear?b at least two heads appear?c at
a charity receives 1700 contributions. contributions are assumed to be independent and identically distributed with
1.an experiment tests the effects of new devices to help stop smoking. they tested hypnosis nicotine gum nicotine patch
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