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Can you tell me what are the advantages and limitations of applying nonparametric tests in solving business problems?
A random variable X is normally distributed with mu = 60 and standard XXX = 11. What is zscore for X = 71
Use the Internet or other resources to collect both primary and secondary data regarding the research issue, opportunity, or problem you selected for your Research Process Outline during Week Two.
Assume gasoline prices for a region are normally distributed. Do the data you obtained provide enough evidence to reject the claim? Use a 1% level of signi?cance.
In each month, the proportion of "Prize" bonds that win a prize is 1 in 11000. There is a large number of prizes and all bonds are equally likely to win each prize.
What is a discrete and continuous random variable? What is a probability distribution for a discrete random variable? Please provide examples to illustrate your answer? Please no textbook or internet examples, original examples only.
At 0.01 significance level is it sensible to conclude that modification reduced number of traffic accidents?
Here is my data: these are the wages for women with a 2 yr degree, $11,702, $24,509, $34,746, $35,185 (median of $29,627) These are the wages for women with a 4 yr.
Give 99% confidence interval for mean number of years general managers of major-chain hotels have spent with their current company.
Douglas Boats is considering the possibility of expanding the warehouse for the WM-4 motors. How much should Douglas Boats expand, and how much would it be worth for the company to make the expansion? Assume demand is constant throughout the year.
What is the value of the population mean? What is the best estimate of this value?
An automobile assembly line operation has a scheduled mean completion time of 2.2 minutes. Because of the effect of completion time on both preceding and subsequent assembly operations, it is important to maintain the 2.2 minute mean completion ti..
Compute the proportion p (hat) for your sample Show your computation. Find a 95% confidence interval for p. What is the margin of error in this confidence interval? What is the meaning of this interval with respect to your data and project?
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