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Suppose you take a random sample of 25 from a lot of 1,000 items but later realize that you should have selected a sample of 40 items instead. How do you correct this error? Should you put the 25 items back and draw the required random sample of 40 from the original lot, or should you simply draw an additional random sample of 15 from the 975 remaining items?
Determine the test statistic. At 95% confidence, test to determine if more than 21% of the population will like the new soft drink.
Construct a time series plot. What type of pattern exists in the data? Compute the exponential smoothing forecasts for a = .2.
If random samples of size of 75 is selected, the standard error of the proportions of student in the sample, who are minority students is
Multiple comparison procedures are going to be done using the Bonferroni method with α = 0.10. The value of t** is 2.2426. The smallest minimum significant difference (MSD) for finding a difference between groups is computed as 17.68. The correct ..
The Swansons are planning to fly to Hawaii from Toronto with a stopover in Los Angeles. There are five flights they can take between Toronto and Los Angeles and ten flights between Los Angeles and Hawaii.
If they have a GPA that falls in the range between 2.50 and 3.50, what is their z score and percentage of the area do they fall in?
Suppose a product must go through a sequential assembly line made up of ?ve operations. The time it takes to complete each operation is normally distributed with a mean of 180 seconds and standard deviation of 5 seconds.
Construct a probability for the number of students in the sample who watch soap operas.
The event "the price of stock X has increased and the price of stock Y has not increased" may be written as??
Based on this sample information, create a 90% confidence interval for population mean yearly premium.
Either use the p-value approach to hypothesis testing or use the significance level approach with α = .05.
Assuming that the dogs did better than what would be expected with random guessing, did they do well enough to be used for actual medical diagnoses? Why or why not?
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