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The effect of an antidepressant drug varies from person to person. Suppose that the drug is effective on 80% of women and 65% of men. it is known that 66% of the people who take drug are women. That is the probability that the drug is effective?
Based on the following results, is LIFO more effective in keeping the value of his inventory lower? Product FIFO LIFO. What is the null hypothesis?
The distribution of box weights is normally distributed with a mean of 9 ounces and a variance of 0.01 ounces. What is the probability of randomly selecting a box containing less than 8.9 ounces?
What are the advantages of ANOVA over the mean test and what are the disadvantages? Where would I use this in my everyday life?
The number of phone calls coming into a switchboard in the next five minutes will either be 0, 1, or 2. The probabilities are the same for each of these (1/3).
A senior accounting major at Midsouth State University has job offers from four CPA firms. To explore the offers further, she asked a sample of recent trainees how many months each worked for the firm before receiving a raise in salary.
Provided that the selected student excels in sports, determine the probability that the student is a boy?
Construct a time series plot. What type of pattern exists in the data? Compute the exponential smoothing forecasts for a = .2.
Give 99% confidence interval for mean number of years general managers of major-chain hotels have spent with their current company.
Faced with rising fax costs, a firm issued a guideline that transmissions of ten pages or more should be sent by two-day mail instead. Exceptions are allowed, but they want the average to be ten or below. Use Excel to find the right-tail p value
What is the point estimate of the proportion of the population of employees who strongly dislike their current work experience (to 2 decimals)?
Of the 1,4000 homemakers sampled, 420 were able to identify the brand by name. Compute the standard error of the proportion.
Assume you conducted an ANCOVA that shows both the first IV as well as the covariate signficantly predicts the DV. Create a mock output table that supports the relationship. Report findings APA style.
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