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A researcher claims that the average age of people who buy lottery tickets is 70. A sample of 30 is selected and their ages are recorded as shown below. The standard deviation is 16. At alpha = 0.05 is there enough evidence to reject the researcher's claim?
49 63 90 52 22 80 72 56 82 56
24 46 70 74 70 61 65 71 39 74
79 76 71 49 62 68 71 67 69 45
Using standard methods for linear statistical prediction, find the percent increase in sales revenue that would be expected if the price were lowered by 15%. Find the usual measure of the strength of association between price reduction and sales re..
Test the proportions of yellow fire trucks have a significantly lower accident rate.
In an experiment on a new drug to determine the most effective dosage and method of administration, subjects were randomly assigned to either 5, 10, 15, or 20 mg of the active drug.
A market analyst for the Weber Refrigerator Company has visited various appliance stores in a city to get data on the selling price of different brands of refrigerators. Estimate the population regression equation and interpret the result
These individuals are then examined and categorized as to whether they have a heart disorder. The observed frequencies are as follows:
Construct a scatterplot, find the value of the linear correlation coefficient r, and find the P- value using a= 0.05. Is there sufficient evidence to conclude that there is a linear correlation between systolic measurement and diastolic measuremen..
Suppose the organizers of the study are reconsidering their sample-size estimate. How many participants should be enrolled in each of the active and control intervention groups to achieve 80% power if a two-sided test is used with α = .05
A survey showed that 24% of college students read newspapers on a regular basis and that 81% of college students regularly watch the news on TV. The survey also showed that 21% of college students both follow TV news regularly and read newspapers ..
Testing for Population mean - Based on this sample evidence, is Joan's supervisor correct? Use a = .05.
Suppose four heads appeared face up on four tosses of a coin. what is the probability that a head will appear face up in the next toss of the coin?
Multiple regression and correlation analysis provides a means for examining the relationship between of two (2) or more independent variables and the dependent variable.
What is the probability that the first order will come on the fourth sales call of the day? Please show work and round to 4 decimal places.
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