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What is meant by "Probability?" Discuss how addition and multiplication are used for probability. Develop a hypothetical table of data using a grid of 3 rows and four columns. Insert hypothetical values for each cell in the table. Create four probability questions using the table that you as an instructor of statistics might ask a class of students for a test in probability.
Is the hot-air balloon significantly shorter than light rail? How can you tell? What do you tell university officials?
Determine a 95% confidence interval for proportion of all voters in favour of candidate.
Standard deviations for first- and second-time and confidence interval
Give three logically possible directions of casualty, indicating for each direction whether it is a reasonable explanation for the correlation in light of the variables involved (and why).
Obtain a test statistic and p -value assuming equal variances. Interpret these results.
Makers of generic drugs are required to demonstrate that their generic drug does not differ significantly from the "reference" drug it is intended to imitate.
The explanatory variable which is a measure of neighborhood socio-economic status variable RFM. Response variable is percent (%) of bicycle riders that wears a helmet.
Describe the data appear the strength of the relationship among variables is sufficient to warrant using linear regression forecasting.
Then describe trade-offs which will happen when you lower sample to $10,000 to meet their budget.
A study group of long distance phone calls made from the corporate offices of Pepsi Bottling Group, Inc., in Somers, New York, revealed the length of the calls, in minutes, follows normal probability distribution.
Dividend is expected to grow 7% a year for next 3 years and then at 5% a year after that. Determine the expected dividend per share for each of the next five years?
What is the probability that a respondent said neither the Big Ten nor the Pac-10 would have a team in the Rose Bowl?
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