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Q1)i) Find the tc for a 90% confidence level with a sample size of 18.
ii) A random sample of 41 basketball players from The Official NBA Basketball Encyclopedia gave the sample standard deviation for player height as s=3.32 inches. How many more players from this encyclopedia should be included in the sample to be 99% sure that the sample mean is within 0.50 inches of the population mean of all players in this book?
iii) Use Norman's mean weight of 46.2 lbs. and standard deviation of 2.5 lbs. of flour. Determine a confidence interval for the mean weight of flour needed using a sample of 26 loaves. Use a confidence level of 90%.
iv)a) Degrees of freedom = _____.
b) Critical value = _____.
c) Value of maximal error = _____.
d) Value confidence interval = _____.
Compute the variance and standard deviation
What was the highest score earned on the exam? According to Chebyshev's Theorem, how many students scored between 42 and 74?
Use a 5% significance level to test the claim that there appears to be a difference in the effectiveness of the two diets.
Suppose you bid $12000. What is the probability that your bid will be accepted?
By using 0.05 level of significance, is there any evidence of difference in mean life of bulbs produced by two kinds of machines?Calculate p-value and interpret its meaning.
What is the standard deviation of expected returns for Stock X? For Stock Y?
Make a scatter plot, illustrate the regression lines. Determine the correlation coefficient between husband’s and wife’s education for couples in which wife is employed full time?
A loan application is received this morning. What is the probability that:
A population of scores has p = 44. In this population, an X value of 40 corresponds to z = - 0.50. What is the population standard deviation.
Researchers are studying the absorption of two drugs into the bloodstream. Each drug is to be injected at three dosages. There are 24 people in the study, and they are randomly divided into six groups.
If we assume all the possible random samples of 250 students at this university, 95 percent of the samples should have means among what two numbers.
What is the probability of receiving more than three pieces of junk mail today?
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