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What is meant by the probability of an event? Discuss how addition and multiplication techniques are used to solve probability problems.
Find out the probability that the return for common stocks will be more than 0%.
State in each of given cases whether you would expect relationship between given variables to be positive or negative or neither.
Use exponential smoothing to develop simple, trend (Holt's), and seasonal models (both simple and trend) for forecasting the quarterly revenue from 1-year batteries.
The manager of a department store wants to determine what proportion of people who enter the store use the store's credit cards for their purchases.
What is the Chi-square test? Where can you apply it? Please site an example of how it was used and the outcome of the test. I think this could help me better than the book, it is difficult to understand.
Could you please explain in words how you figure out deciles, quartiles, kurtosis, skewness in Excel? How do you find the sum count, largest, and smallest in Excel?
Conduct post hoc comparisons with the LSD method. Which groups differ significantly at α = 0.05?
Are all the events in this distribution mutually exclusive? Describe in detail.
Critically discuss some examples of descriptive statistics? Why are they used in research? What is a confidence interval?
There are 6 children in a family. The number of children defines a population. The number of simple random samples of size 2 that are possible equals:
To test whether the significant difference between two proportion test using large sample test.
Describe a Bernoulli experiment and give two examples. What is the connection between a Bernoulli experiment and a binomial distribution? Explain.
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