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1) Write your response to the following question.
We often hear you can lie with statistics. This is one way of saying statistics can be easily miscommunicated. Find one example of how statistics are miscommunicated and explain why there was a miscommunication and what you would do to correct this problem.2) Using probability: How can you use probability to improve your chances of winning at a casino.3) Write your responses to the following topic.Outliers: We know many types of data fall into a normal distribution with most of the observations falling toward the middle. However, sometimes data are outliers or data that are very different - larger or smaller - from the rest of the members of the sample. Think of an example in the real world of an outlier and discuss its effect.4) Write your responses to the following topic.Errors in testing: Think of one example of a Type I and Type II error in everyday life and comment on the ramifications of those errors.5) Write your responses to the following topic.Association: We know association does not imply causation, but what does this mean in your own words. Provide and discuss an example of two variables that are associated but not by a cause and effect relationship.
Irrelevant costs associated with the decision to sign an act (make/own) as opposed to just distributing one (buy/lease)? Identify at least 2 relevant and 2 irrelevant costs.
An accepted standard deviation for LSAT scores is 125. A random sample of 25 scores had an average of 1,375. Assume a significance level of 0.05. State the appropriate null and alternative hypotheses. Calculate the p-value to test the hypotheses.
Complete the table and answer the following questions. Use the .05 significance level.
Calculate the margin of error that would be used to determine a 95% confidence interval for the mean pulse rate of all women.
Explain what property associated with the Central Limit Theorem you consider the most important contribution, enabling the use of the normal distribution for sample means.
A company owns 400 laptops. Each laptop has an 8% probability of not working. You randomly select 20 laptops for your salespeople. What is the likelihood that they will all be broken?
A normal tomato will gain an average of 2 ounces per week during the growing season. A sample of 100 tomatoes is given a special hormone to increase their growth.
The mean score for freshman on an aptitude test at a certain college is 800 with a standard deviation of 50. That is the probability that two groups of students selected at random, consisting of 36 and 49 students, respectively, will differ in the..
Explain this result (including the underlying logic of the computations) to a person who understands hypothesis testing involving a single sample and a known population, but knows nothing about t tests.
Assuming that a hypothesis test of the claim has been conducted and that the conclusion is failure to reject the null hypothesis, state the conclusion in nontechnical terms.
What statistical method is used to accept or reject the null hypothesis in determining if outsourcing is always beneficial? Please explain your reasons for choosing the selected method in detail and cite references (if any).
According to a recent survey of 500 randomly selected residents of Popular City, it was found that 38% are in favor of raising city taxes in order to build a new stadium for the local baseball team. (a) What is the population of interest of the su..
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