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There are 10 rolls of film in a box and 3 are defective. Two rolls will be selected, one after the other. What is the probability of selecting a defective roll folloed by another defective roll?
She wants to test H0: μ = 0.5 Ha: μ ≠ 0.5 Find the associated P-value. Is the result significant at the 5% level (α = 0.05)? At the 1% level (α = 0.01)?
We have been informed that the stock has gone up 20%. What is the probability of a rise or fall in the GDP?
What are the critical values for z on a one-tailed test if alpha = .01? .001? What would the critical values be at both levels of significance if it was a two-tailed test?
A simple random sample of 6 recent graduates revealed the following information about their weekly incomes. What is the expected value of the average weekly income of all the recent graduates?
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:
If the null hypothesis is true, then how much difference should be expected, on average, between the two sample means?
Find the p-value and interpret it. (f ) If statistically significant, do you think the difference is large enough to be important? If so, to whom, and why? (g) Is the normality assumption fulfilled? Explain.
Multiple choice question based on multiple regression - The coefficient of determination for this model is
Find out the confidence interval for the population mean also interpret the result. A researcher is interested in whether social assertiveness might be influenced by training procedures.
A patient is chosen at random from the clinic. What is the probability that the patient's test comes out positive for Lyme disease?
If p is the probability of Event 1 and (1-p) is the probability of Event 2, based on the expected returns, for what values of p would you select A? B? C? Values in the table are payoffs.
Define the decision rule. Calculate the value of the test statistic.
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