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The winning team's score in 13 high school basketball games was recorded. If the sample mean is 54.3 points and the sample standard deviation is 11.0 points, find the 98% confidence interval of the true mean.a) 51.2<u<57.4
b) 46.1<u<62.5
c) 47.2<u<61.4
d) 37.9<u<70.7
An independent financial advisor claims an average rate of return, μ, on a particular investment is at least 7%. In testing her claim, the correct pair of hypotheses is:
Determine the test value? Use α = 0.05. (Use the variances unequal formula).
Translate this into a statistical hypothesis-testing problem and carry out the test. Be sure to give the null and alternative hypotheses, the value of the test statistic, the p-value, and your conclusions.
You are the production manager of a company. Parachutes are woven in your factory using a synthetic fiber purchased from one of four different suppliers. The most important outcome for parachutes is strength of the fabric.
A manufacturer of dodge balls uses a machine to inflate its new balls to a pressure of 13.5 pounds (σ =0.1). When the machine is properly calibrated, the mean inflation pressure s 13.50 pounds, but uncontrollable factors can cause the pressure of ..
Some television stations attempt to gauge public opinions by posing a question on the air and asking viewers to call to give their opinions.
Compute the length-of-life value for which 10% of the watch's batteries last longer.
Testing for Population mean - Can the difference in average educational level between the sample and the nation be explained by chance variation?
Determine the probability that at most 4 fish will be killed?
Create a scenario where the binomial probability formula could be used to determine the probability of some number of successes, x, in some given number of trials,n.
If a time series is stationary without a linear trend or the seasonal component, which of the following forecasting methods may be suitable.
How many commercials' worth of data do I need to have a margin of error no more than 3, the correct set of hypotheses
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