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What is an index number as relates to time series analysis? In a regression of a time series that states data as a function of calendar year, what requirement of regression is violated? How can one overcome this requirement and still perform a successful time series analysis?
Describe the independent variable and the dependent variables?
Draw a sketch of the standard normal distribution curves, one for the current process and another one for the recentered process. Label the spec limits and shade the area of the curve that corresponds to your answer.
Standard deviation of 12 years. Worker is stopped at random and asked to fill out questionnaire. Determine the probability that this worker is less than 30 old?
Using an investment game, the study demonstrated that people who inhaled oxytocin were more likely to give their money to a trustee compared to people who inhaled an inactive placebo. For this experimental study, identify the independent variable a..
It is able to adjust the standard deviation of the filling process. What would the standard deviation need to be so that no more than 2% of all filled bags weigh more than 52 kilograms?
Would it be appropriate to say the coefficient of determination (R-squared) is the proportion of variation in Y due to the variation within each of the categories of X?
Demands for an item are part of a poisson process and are made on a warehouse 3 times per day. What is the probability that on a given day this item is requested:
If sensitivity and specificity remain constant, determine the relationship of prevalence to predictive value positive and predictive value negative?
In his wardrobe at home, a businessman has 7 suits and 8 ties. From those suits and ties he has on hand, he plans to take 3 of the 7 suits and 2 of the 8 ties with him to a conference in San Francisco.
A brand name has 60% recognition rate. if the owner of the brand wants to verify that rate by beginning with a small sample of 5 randomly selected consumers, find the probability that exactly 3 of the 5 consumers recognize the brand name. Also fin..
The following data refers to gross earned income, in thousands of dollars per year, and level of taxation on that income.
Suppose that we generate a random sample from a given dis- tribution. If it is desired that the probability that the sample mean will be within 2 standard deviations of the mean of the distribution is at least .99, how large should the sample size..
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