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About 42,000 high school students took AP Statistics exam in 2001. Free-response section of exam comprised of five open-ended problems and investigative task. Each free-response question is scored on 0 to 4 scale (with 4 being the best). Random sample of 25 student papers yielded following scores on one of free-response questions:1 0 1 0 0 0 3 1 1 1 0 2 0 0 2 1 1 0 2 4 1 0 2 0 3
1. Is sample of 25 papers large adequate to give a good estimate of mean score of all 42,000 students on this exam problem? Explain your answer.
2. Do you believe population of scores on this question is Normally distributed? Describe why or why not.
3. Create and interpret 95% confidence interval for mean score on this exam question. Ensure to describe why it is okay to compute interval in light of your answer to Question 2.
What is meant by a probability distribution? Discuss how you could use one of the text probability distribution at your workplace to help solve a business problem.
What is an estimate of the proportion defective for the piston manufacturing process when it is control?
In an article in the Journal of Management Information Systems, Mahmood and Mann investigate how information technology (IT) investment relates to company performance.
Pick a random sample of 50 homes from the enclosed 90 cases. Double the asking price and selling price and use this data to develop three predictive models:
The closing price of a company's stock tomorrow can be lower, higher or the same as today's closed. Without any prior information that may affect the price of the stock tomorrow, the probability that it will close higher than today's close is 1/3
Here are numbers of right identifications by 24 children in Active group: 24 children in Passive group had these counts of correct identifications: Is there good evidence which active learning is superior to passive learning?
Assume that male and female births are equally likely and that the birth of any child does not affect the probability of the gender of any other children.
Based on the scatter diagram, does there appear to be any relationship between the number of assemblers and production? Explain.
A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,860 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag.
What value is standard deviation for this data? What type of probability is this?
Using a level of significance of .10, is there evidence that the population mean weight of the candy bars is greater than 7.3? Fully explain your answer.
Create the 99% confidence interval on difference of average ages for viewers of the two TV programs. How can you interpret interval?
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