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A sample of 93 IQ scores was randomly selected from a certain population. At the 0.03 level of significance, test the hypothesis that the population has a mean IQ of 105. Assume that the population standard deviation is 11.9 and that the sample mean was 107 for the 93 scores.
In a random sample of 150 sports cars, 60 failed emissions on the first pass. Is there sufficient evidence to indicate that the percentage of first failure for sports cars is higher than the percentage for all passenger cars?
A 95% confidence interval for µ is found to be 652 ± 21.56 = ($630.44, $673.56). Determine which of the following statements is true.
Prepare a power curve for this decision rule
At 0.05 level significance, is there evidence of the difference in proportion of dvds purchased on basis of the kind of media used (Mailing, E-Mail)?
A random variable Y is uniformly distributed over a range of 0 to 2*pi. Another random variable X is related to Y by X=cos(Y).
The manager of a Farmer Jack Super Market would like to know if there is a preference for the day of the week on which customers do their shopping.
A simple random sample of 50 items from a population with σ 6 resulted in a sample mean of 32.
You may assume the sample data comes from a population that follows a normal distribution. Using a .05 level of significance test the company's claim.
Two researchers are both interested in the relationship between caffeine consumption and activity level for elementary school children. Each obtains a sample of n = 20 children.
A start-up publishing company estimates that the fixed costs of its first major project will be $190,000, the variable cost will be $18, and the selling price per book will be $34.
This morning the office you are monitoring has eight office visits on the schedule. What is the probability that:
Explain the applications of statistics in your own field (Business Administration/Accounting) - Construct a stem and leaf display.
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