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Merta reports that 74% of its trains are on time. A check of 60 randomly selected trains shows that 38 of them arrived on time. Find the probability that among the 60 trains 38 or fewer arrive on time. Based on the result, does it seem plausible that the on time rate of 74% could be correct?
Indicate your hypotheses, decision rule, statistical decision and management conclusion using the critical value and then find the p-value and state your decision rule, statistical decision and management conclusion using this method.
Suppose it costs $2,500 to buy a defibrillator. Find the expected value of owning a defibrillator if there is a 4% probability that "Silver's Gym" will lose a lawsuit regarding its operation, with each lawsuit resulting in "Silver's Gym" being lia..
Calculated test statistic at the 5% level of significance and An airline claims that 65% of its flights depart on time.
We want to know if his support has decreased. In computing a test of hypothesis with , what is the estimate of the overall proportion?
Explain can you find out statistical support in this poll for that statement. When it comes to the war in Iraq, among which of the subsiquent statements comes closer to your point of view.
The life of a calculator manufactured by Intel corporation has a normal distribution with a mean of 50 months and a standard deviation of one year.
With more then a million teachers set to retire we are seeing a record number of turnovers in the teaching profession.
How many participants need to be enrolled in each group to have 90% chance of detecting a significant difference using a two-sided test with a a= .05 if compliance is perfect?
Prediction interval for the regression line - Using the age and sick days data from table below, find the 98% prediction interval when x = 47 years.
To test the effectiveness of a new studying strategy, a teacher randomly divides a sample of 8 students into tow groups, with n = 4 in each group.
How would you go about studying a nonlinear or curvilinear relationship between two variables using contingency tables and chi-square tests? Provide examples from you own professional experience.
An account invested in a money market fund grew from $73,329.23 to $73,627.26 in a month. What was the interest rate to the nearest tenth?
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