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1) The American Sugar Producers Association wants to estimate the mean yearly sugar consumption. A sample of 16 people reveals the mean yearly consumption to be 60 pounds with a standard deviation of 20 pounds.
1. What is the value of the population mean? What is the best estimate of this value?
2. Explain why we need to use the t distribution. What assumption do you need to make?
3. For a 90 percent confidence interval, what is the value of t?
4. Develop the 90 percent confidence interval for the population mean.
5. Would it be reasonable to conclude that the population mean is 63 pounds?
2) A processor of carrots cuts the green top off each carrot, washes the carrots, and inserts six to a package. Twenty packages are inserted in a box for shipment. To test the weight of the boxes, a few were checked. The mean weight was 20.4 pounds, the standard deviation 0.5 pounds. How many boxes must the processor sample to be 95 percent confident that the sample mean does not differ from the population mean by more than 0.2 pounds?
Let's say I have a new drug that I think helps diabetics. So I perform clinical trials in accordance with the FDA requirements. I give one randomly selected groups of diabetics the drug, and another sample gets a placebo pill.
Would you be willing to provide an example of both methods (step by step) described in your document for determining the forecast based upon the two different methods. Maybe just for one single city.
What is the probability that the device will detect at least one of the two shoppers entering together?
To find out the test statistics utilizing chi square method. A professional bowler has been having trouble 'hitting the pocket' in order to get strikes.
Suppose the Doctor would be content with 95% confidence. How does the decrease in confidence affect the sample size required?
A researcher studies the average distance that 130 people who are living in U.S. urban areas walk each week: What is the size of the sample? Identify the population.
Professor wishes to determine whether prior statistical knowledge assists students in their performance on the final exam. What is the relationship between pretest scores and final exam scores after controlling for cumulative GPA. What SPSS test w..
A IRS auditor randomly selects 3 tax returns from 57 returns of which 6 contains errors. What is the probability that she selects none of those containing errors?
The percentages of cones sales for chocolate, strawberry, and vanilla, are 75%, 60%, and 40%, respectively. For a randomly selected sale, define the following events:
Note down a research that requires a decision making with probabilities.
Discuss at least three reasons why these predictions may not be accurate and offer three ways in which you can increase the likelihood of accurately predicting your customers' purchases.
Lotto, a lottery game conducted by the Ohio State Lottery Commission, consisted of selecting six numbers from the 42 numbers 1, 2, ...,41, 42.
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