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A study of peach trees showed that the average number of peaches per tree was 1000. The standard deviation of the population is 100. A scientist wishes to find the 98% confidence interval for the mean number of peaches per tree. How many trees does she need to sample to be accurate within 10 peaches per tree?
Find out the following: Mean swipe rate, Standard deviation of the swipe rate.
Calculate the MEAN and STANDARD DEVIATION for the distribution below:
Take a confidence interval for the difference in the average of renting between the first andthird hotel.
If a student guesses on each question, what is the probability that the student will pass the test?
Forecast sales for the next day using a three-day weighted moving average where the weights are 3, 1, and 1 (the highest weight is for the most recent number).
Suppose a statistician chose to test a hypothesis at sigma = 0.01. The critical value for a right-tailed test is +2.33. If the test value were 1.97, what would the decision be?
As a way of fund raising, you decide to set up a hot dog stand, after a few weeks of doing this you sell 8 hot dogs every 10 minutes.
Verify that the fitted values have the same mean as the actual y-values, and that the residuals have mean zero and show that the variance of the fitted values plus the variance of the residuals adds up to the variance of y. Find the R-squared.
The null hypothesis is that there was no change in average liquor consumption. State this formally in terms of µ.
Comprise appropriate (BPS formatted) descriptive statistics table inferential statistics table.
A coin is flipped 5 times in a row. What is the probability that it will come up heads all 5 times? For the data in question above, calculate the Sum of Squares Error (SSE).
Evaluate the significance of the hypothesis that the randomized algorithm has a lower average runtime than the known comparison algorithm. As before, explain and list your calculations, test choices, and conclusion drawn.
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