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Assume that the mean SAT score in Mathematics for 11th graders across the nation is 500, and that the standard deviation is 100 points. Find the probability that the mean SAT score for a randomly selected group of 150 11th graders is between 475 and 525.
It is really frustrating to run out of stock. Why wouldn't an organization always store large quantities of inventory to eliminate shortages and stockouts?
Carefully define a standard normal distribution. Why does a researcher want to go from a normal distribution to a standard normal distribution? Explain.
Results were analyzed using one -way ANOVA and included SSTR =7 , 102 and SSE = 10 ,511. Are all 8 tapes equally appealing on average? Determine p value?
A simple random sample of 1000 Americans found that 61% were satisfied with the service provided by the dealer from which they bought their car.
The new independent variable improves the predictive power of the regression model.
If the mean IQ of all Omega University students was equal to 115, and a small random sample of students was selected from the population whose mean IQ was 120, then this difference of 5 points would equal the:
sketch a histogram showing the population distribution - locate value of the population mean in your sketch and make an estimate of the standard deviation.
A standard IQ test has mean of 98 and a standard deviation of 16. We want to be 99% certain that we are 8 IQ points of the true mean. Determine the sample size.
Q2 is dummy variable equal to 1 in second quarter and 0 otherwise; and Q3 is final dummy variable equal to 1 in third quarter and 0 otherwise. Determine the Base Quarter?
Let ≥ represent the true average area (in square feet) of these apartments. What are the appropriate null and alternative hypotheses?
Use analysis of variance to test any differences in mean glue strengths.
At the .10 significance level you will test to determine if there has been an increase in selling time. Assuming we are using a t test what will be the critical value"?
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