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You are worried that airport managers may not be getting sufficient quantitative instruction in present aviation management degree programs. Specially, you wish to know if Embry-Riddle graduates possess enough quantitative skills to carry out mathematical analyses required for making superior decisions regarding management of airports. You make a decision to see if there is any difference between quantitative scores of airport management graduates from Embry-Riddle and scores of airport management graduates from other institutions on GMAT.
ERAU
School A
School B
School C
580
500
530
450
550
480
560
490
575
430
420
350
i) What kind of test would you use?
ii) Determine the average score for ERAU graduates?
iii) Determine the value of test statistic? Significance level?
iv) Are results statistically important?
Find the probability that a randomly selected employee earns less than $5.43.
When the p-value is used for hypothesis testing, the null hypothesis is rejected if
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Confirm that these statements are accurate by finding the geometric mean rate of increase.
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MATH1550H: Assignment: Question: what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?
Suppose we wish to test the null hypothesis that there are no differences among the proportion of men and women who developed a rash. Evaluate the P-value of the chi-square test of this hypothesis.
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Describe and analyze your quantitative data and Briefly address the data analysis process.
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