Interpret the components of the given minitab output

Assignment Help Basic Statistics
Reference no: EM131408076

Given the summary information in given Exercise, verify the calculation of the 95% confidence interval for each of the treatment means.

Exercise
A large investment firm claims that no discrepancy exists between the average incomes of its male and female investment counselors. Random samples consisting of 15 male counselors and 17 female counselors have been selected, and the results examined through the use of ANOVA. In terms of this situation, interpret the components of the following Minitab output.

1228_Table 04.jpg

Reference no: EM131408076

Questions Cloud

Describe some continuing education opportunities : Beyond obtaining your degree, what certifications and/or other continuing education opportunities that are important for you to stay competitive in the job market?Conduct a search on certification and continuing education opportunities related to y..
Challenges would such a marketplace face : List a product or class of products that many people own, but are underutilized, that could have a shared economy market established for it. What challenges would such a marketplace face?
Problem regarding the risk management : All of the information we've read and discussed this semester should provide you with a good understanding of what defines risk management, and what options a risk manager has to control the company's risks.
Why a company would enter into an interest rate swap : The following excerpt was taken from the annual report of Bristol-Myers Squibb, a leader in pharmaceutical and health care products.
Interpret the components of the given minitab output : Given the summary information in given Exercise, verify the calculation of the 95% confidence interval for each of the treatment means.
Describe the specific security concerns relate to os : Describe the specific security concerns or risks that your chosen operating system is exposed to and how you plan to mitigate the risk that each one presents.Focus on the following areas as security targets:Patching and installed software,Users,Fil..
Compute nike’s long-term debt to total asset ratio : Compute NIKE's long-term debt (include deferred income taxes and other long-term liabilities) to total asset ratio for 2008 and 2009. Discuss the change.
Facebook-product development : Parts to complete: The Exploration Space ; s-curve; Innovation Synergy; Value network ; Voice of the customer; Conclusion
What would be the value of pearsons r : Report the sample you selected and the question that was explored in the study.Report the r2 linear correlation coefficient and the linear regression equation produced in the Excel spreadsheet.What would be the value of Pearson's r (simply the square..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Standard distribution and level of significance

What is the difference between a normal distribution and a standard normal distribution? What is the purpose of using a standard normal distribution instead of the normal distribution?

  Distribution which is approximately normal

Roger has read a report that the weights of adult mail Siberian tigers have a distribution which is approximately normal with mean μ = 390 lb and σ = 65 lb.

  An experiment produces a zero mean gaussian random vector

An experiment produces a zero mean Gaussian random vector X = [X1 ··· Xk] with correlation matrix R = E[XX']. To estimate R, we perform n independent trials, yielding the iid sample vectors X(1), X(2), . . . , X(n), and form the sample correlation..

  A sample of 25 concession stand purchases at the may 12

A sample of 25 concession stand purchases at the May 12 matinee of Spider-Man 3 showed a mean purchase of $ 7.29 with a standard deviation of $ 3.02. For the May 18 evening showing of the same movie.

  Linear correlation coefficient to the scatter diagram

Match the linear correlation coefficient to the scatter diagram. The scales on the x- and y- axes are the same for each scatter diagram.

  Rate of rainfall

Two rainstorms occurred in one week in a certain area. The first storm lasted 25 hours, and the second storm lasted 35 hours, for a total 2050ml of rain.

  Open-top box from cardboard

Thomas is going to make an open-top box by cutting equal squares from the four corners of an 11 inch by 14 inch sheet of cardboard and folding up the sides.

  Determine whether there are any significant differences

Use an ANOVA with α=.05 to determine whether there are any significant differences among the three treatment means. (both by hand and in PASW), for the hand version of problem.

  Variance of the breakdown cost

What is the company's expected cost for computer breakdowns and the variance of the breakdown cost? What assumption must you make to find the variance? Is this a reason- able assumption?

  Necessary for each one to diagnose a particular problem

A random sample of 15 automobile mechanics certified to work on a certain type of car was selected, and the time (in minutes) necessary for each one to diagnose a particular problem was determined, resulting in the following data:

  Probabilities in a powerball lottery game

Powerball is a lottery game. It involves choosing five white balls from a drum containing 55 balls and one red ball from a drum containing 42 balls. A player must match all five white balls and the red ball to win the jackpot.

  Probability an individual weighs

a. What is the probability an individual weighs more than 95Kg? b. The company has decided that the elevator will have a capacity of 5 people and a maximum load of 475 Kg.  What is the probability that load will be exceeded if there are 5 people i..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd