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A random sample of 15 observations from the first population revealed a sample mean of 350 and a sample standard deviation of 12. A random sample of 17 observations from the second population revealed a sample mean of 342 and a sample standard deviation of 15. At the 0.1 significance level is there a difference in the population means?
A researcher wants to determine a 95% confidence interval for the mean number of hours that UMKC students spend doing homework per week.
You decide to predict gasoline prices in different cities and towns in the U.S. for your term project. Your dependent variable is price of gasoline per gallon and your explanatory variables are per capita income
A person makes random guesses for 10 true-false questions on a test. Find the probability that the student answers at least one question correctly.
A population consists of ten items, six of which are defective. In a sample of three items, what is the probability that exactly two are defective?
Explain this result (including the underlying logic of the computations) to a person who understands hypothesis testing involving a single sample and a known population, but knows nothing about t tests.
The margin of error for polling results is typically determined as the half-width of a 95% confidence interval. With respect to a particular ballot proposition
Mutual funds are classified as large-cap funds, medium cap funds, or small-cap funds, depending ont eh capitalizaiton of the companies in the fund.
An American put option to sell a swiss franc for dollars has a strike price of $0.80 and a time to maturity of one year. The volatility of the swiss franc is 10%
A new teaching tool developed by the Allied Health department is claimed to help 68% of students learn at a faster pace. State the null and alternate hypothesis if:
Which of the 4 methods of data collection is involved when a person counts the number of cars passing designated location on the Los Angeles freeway system?
If there is a negative dependent variable of -0.55, and independent variables Y1 of +0.75 and Y2 of -3.0, how do I interpret the relationships according to the signs?
What advantage does correlation have over a cross-tab?
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