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data set 24 in appendix b includes a sample of FICO credit rating scores from randomly selected consumers. If we investigate this sample by constructing a histogram and finding the sample mean and standard deviation, are we investigating the sampling distribution of the mean? why or why not?
Among 100 people randomly chosen in a survey, exactly 10 stated that they believed that the elected representatives are honest most of the time.
Identify the null hypothesis, alternative hypothesis, test statistic, p-value or critical value, and the conclusion about the null hypothesis. Use the P-value method.
What is the z a/2 for a confidence level of 95%, the margin error of this sample and give a 95% confidence interval for the mean weight of boxes produced based on the sample mean of 16.4?
A production process produces 90% non-defective parts. A sample of 10 parts from the production process is selected. What is the probability that the sample will contain 7 non-defective parts?
Suppose an airport scanning device has 98% accuracy in detecting certain kinds of metal objects (98% of people carrying these objects are correctly identified as carriers and 98% of people not carrying them are correctly identified as non-carriers..
Determine what analysis would you do on each problem (i.e., one-sample z-test, one-sample t-test, proportion test, two-sample independent t-test, or paired test)?
The heights of young women are approximately normal with mean 65 inches and standard deviation 2.5 inches.
We suggest that you use the graphical approach to CVP analysis to solve the following problem, but you may use any other method to find the answer.
Reject H0 at β β = .01; there is evidence of a difference between the mean voter turnouts for urban, suburban, and rural precincts.
The following frequency distribution was obtained. The data values are in hours. Construct a histogram for the data .
Choose a group of 4 adults at random. What is the probability that none of them enjoy drinking beer?
The event "the price of stock X has increased and the price of stock Y has not increased" may be written as??
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