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A light bulb manufacturer claimed that its light bulbs have a mean life in 800 hours. Assume the life of the light bulbs follows the normal distribution. A sample of 50 light bulbs reveled that the sample mean life is 805 hours with 64 hours of the sample standard deviation. Is there enough evidence to conclude that the manufacturer's claim is true at the 5% significance level?
Estimated proportion is within 2.5 percentage points of the true proportion. A previous poll suggests that the proportion is 85%. How large must your sample be?
Please define correlation and regression. Describe a management or business-related scenario where a researcher might be interested in whether a number of variables are correlated (without any assumptions about causation).
A company has developed the new battery, but the average lifetime is unknown. In order to estimate the average, a sample of 150 batteries is tested and an average lifetime of this sample is found to be 250 hours.
Internet is 13.4 hours per week, with the sample standard deviation of 6.8 hours. Determine the 95 percent confidence interval for mean time Wired subscribers spend on Internet.
Call centers typically have high turnover. The director of human resources for a large bank has compiled data on about 70 former employees at one of the bank's call centers in the Excel file Call Center Data.
In an evaluation of the medical lab, the manager is interested in the efficiency of three technicians when they process four routine blood tests.
Findout the 98% confidence interval for true mean. Findout a 98% confidence interval for the cigarette tax in all 50 states.
Compute an F-statistic for each linear construct and determine its significance. Also, state what questions each of these contrasts address.
An unprepared student takes a three-question, true/false quiz in which he guesses the answers to all three questions, so each answer is equally likely to be correct or wrong.
The average weight of adult men is 172 pounds with a standard deviation of 29 pounds. 30 men were asked their weight and the mean was calculated to be 181, test the hypothesis that the mean is not 172 pounds using alpha = .05.
Fairfield Homes is developing two parcels near Pigeon Fork, Tennessee. In order to test different advertising approaches, they use different media to reach potential buyers.
The following data represent the service charge for direct-deposit customers if a customer's account falls below the minimum required $1,500 balance for a sample of 26 banks.
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