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A randomized experiment was done by randomly assigning each participant either to walk for half an hour three times a week or to sit quietly reading a book for half an hour three times a week. At the end of a year the change in participants' blood pressure over the year was measured, and the change was compared for the two groups.
The two treatments in this study were:
a. Having blood pressure measured at the beginning of the study and having blood pressure measured at the end of the study.b. Walking or reading a book for half an hour three times a week and doing nothing.c. Walking or reading a book for half an hour three times a week and having blood pressure measured.d. Having blood pressure measured at the beginning of the study and walking or readinge. Walking for half an hour three times a week and reading a book for half an hour three times a week.
Public transportation and the automobile are two methods an employee can use to get to work each day. Samples of times recorded for each method are shown. Times are in minutes.
How many of these new cardholders would you expect to default? What is the standard deviation?
Test whether there is significant difference in the test anxiety level of the three groups using nonparametric test.
A researcher wanted to determine the mean number of hours per week (Sunday through Saturday) the typical person watches television. Results from the Sullivan Statistics Survey indicate that s=7.5 hours
A television station estimates that 50% of college students watch the super bowl. For a sample of 120 students selected at random, what is the mean and variance of the number of students who watch the game?
Kind of examination produced significant main effects on both mean mark and time taken to complete the examination.
The probability that an American CEO can transact business in a foreign language is .20. Ten American CEOs are chosen at random.(Round your answers to 4 decimal places.)
Farrell Corporation's common stock is $25. The price is expected to increase by $5 over the coming year. The standard deviation of the expected price is $3.
Devise a method for estimating and plotting Bayesian credible regions for the paramters, using your MCMC sample and compute LS estimators of a and b,
An election coming up next week promises to be very close. In fact, assume that 50% are in favor and 50% are against. Suppose you conduct a poll of 791 randomly selected likey votes. Approx. how different will the percent in favor (from the poll) ..
Use traditional hypothesis test approach. Draw a graph showing the test statistic and critical values. Assume the population has a distribution that is approximately normal and that the sample is a simple random sample.
What are various non-parametric tests utilized in business decision making? Give an example of each test with an appropriate business situation.
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