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Question 1- Search the Internet and the articles database in the library for a real-life example of correlation. For a hint, type the word "Correlation" followed by a topic of interest to you. Carefully review the search item. Prepare a summary with highlights of the review item and your own comments.
Question 2- outliers tell the story about the sample and statistical analysis. They tell about the process or sample deviation, therefore indicating possible measurement error or that population has a heavy-tailed distribution. what are some of the causes that contribute to creation of outliers?
Question 3- Discuss the importance of the independent variable in Linear Regression. What happens when the independent variable is not a good predictor?
Find the probability that there are exactly 2 prescriptions for this drug in a given week and find the probability that there are no more than 5 prescriptions for this drug in a given week.
EIHP Assessment 2 – Interpreting Basic Statistical Data, Article: Ramirez, G. & Beilock, S.L. (2011). Writing about testing worries boosts exam performance in the classroom. Science, 331. 211-213. This article is page 74-77 of your handbook.
Design and sketch an average control chart, showing upper and lower design limits, upper and lower action limits, and nominal value. Calculate and state the range control limit value.
Find the mean, median, mode, variance and standard deviation for the following nine data values and find the four quartiles and the 20 th and 80 th percentiles for the above data.
Identify the type of observational study (cross-sectional, retrospective, or prospective) described
As a rule of thumb a line is considered as a transmission line if the length of the line is greater than one-sixteenth of the wavelength of the electromagnetic wave. Based on this rule of thumb
The specifications of the clearance between the mating parts are 0.5 ± 0.4. What fraction of assemblies will fail to meet specifications if assembly is at random?
What is the annualized excess performance (Jensen's Alpha) of the firms that DID NOTreplace their CEO and describe the assumptions behind the classical linear regression model and the three diagnostic tests we discussed in class, the commands you w..
Facebook CEO Mark Zuckerberg recently announced that it would be going public. The usual suspects, Morgan Stanley, JPMorgan Chase, and Goldman Sachs will be the lead underwriters. When Facebook was choosing underwriters, they were made varying..
a study was conducted to determine the impact of social media use on student learning. a total of 103 students taking a
Calculate the variance-covariance matrix of the OLS estimator of β1.β2 and β3 and verify that:
What assumptions about the number of pedestrians passing the location in an hour are necessary for your hypothesis test to be valid?
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