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A vice president for marketing recruits 20 college graduates for management training. Each of the 20 individuals is randomly assigned, 10 each, to one of the two groups. A "traditional" method of training (T) is used in one group, and an "experimental" method (E) is used in the other. After the graduates spend six months on the job, the vice president ranks them on the basis of their performance, from 1 (worst) to 20 (best), with the following results (stored in the file TestRank);
T: 1 2 3 5 9 10 12 13 14 15
E: 4 6 7 8 11 16 17 18 19 20
Is there evidence of a difference in the median performance between the two methods? (Use x = 0. 05).
If np ≥ 5 and nq ≥ 5, estimate P (more than 5) with n=14 and p=0.3 by using the normal distribution as an approximation to the binomial distribution; if np
Critically discuss understanding the normal distribution and the factors that affect its shape important in solving business and marketing-related questions?
The analysis of variances produces df between = 3 and df within = 24. For this analysis, determine df total ?
At the 5% level of significance, does this result support the conjecture?
What can be completed to remedy multicollinearity.
Truck tire life is normally distributed with a mean of 60,000 miles and a standard deviation of 4,000 miles. You bought four tires. What is the probability that the average mileage of the four tires exceeds 66,000 miles?
What is the value of the sample test statistic? (Test the difference p1 - p2. Do not use rounded values. Round your final answer to two decimal places.)
Find out the following: Mean swipe rate, Standard deviation of the swipe rate.
To test whether the population mean is less than a specified value.
Gestational Age (Gestage, weeks) for sample of 100 low birth weight infants, and output from fitting a simple linear regression model to data, regressing Headcirc (Y) on Gestage (X).
You're responsible for planning parking needed for a new 256-unit apartment complex, and you're told to base the needs on the statistic 'average number of vehicles per household is 1.9'.
The data consists of random sample of 30 households from the 2007 American Community Survey. Construct a frequency distribution and a histogram for each data set.
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