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Suppose that, in a sample of 200, we observe 140 successes. Is this sufficient evidence at the 1% significance level to indicate the the population proportion of successes is greater than 65%
Recently, students in a marketing research class were interested in the driving behavior of students. Specifically, the marketing students were interested if exceeding the speed limit was related to gender.
A researcher believes that if she uses a different text the students will score differently on the standardized test but she doesn't know what the difference is.
City government has collected the following data on annual sales tax collections and new car registrations: Determine the least squares regression equation.
What level of confidence is associated with an interval of .400513 to .515487 for the long run proportion of new product placements?
Construct a 95% confidence interval for the population mean service charge if a customer's account falls below the $1,500 minimum.
A multiple choice test has three questions with 5 possible answers (and oly one right answer each). You decide to randomly guess the right answer.
Graph one shows a number of observations that are very spread out but generally trending from the top left of the graph to the bottom right.
If profit earned in the manufacture and sale of X units of a product is P dollars where: P = 10X - 0.001X2
In the past, Judy Holmes's tire dealership sold an average of 1,000 radials each year. In the past two years, 200 and 250, respectively, were sold in fall, 350 and 300 in winter, 150 and 165 in spring, and 300 and 285 in summer.
The mean of a normal probability distribution is 60; the standard deviation is 5.
How does the bell-shaped curve for the sampling distribution of sample means for samples of size n = 100 compare to the bell-shaped curve for sampling distribution of sample means for samples of size n = 60.
Using a 5% level of significance, is there any difference in proportion of guests who would select the two resorts? What is your conclusion?
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