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Suppose that you work for a company that has just created a program designed to teach reading to elementary students. Discuss how an experiment could be created to see whether this product is superior to other reading programs. Develop a hypothesis, label the independent and dependent variables, discuss what the experimental and control groups are doing in this study, and decide who (and how many) participants are needed. Be sure to discuss random sampling and random assignment.
In a binomial distribution n = 8 and π = 0.2. Determine the probabilities of the following events.
The mean maximum oxygen uptake for elite athletes has been found to be 80 with a standard deviation of 8.1. Assume that the distribution is approximately normal.
Run an ANOVA using only groups 1 to 6 (You can hide group 7 from the analysis by data followed by select cases and then you filter out group 7 by if GROUP~= ). Also run the posthoc tests LSD and Bonferroni.
Jill wants to do her MBA in Statistics at a B.C. university. She applies to two universities that offer post-graduate degrees in Statistics.
If a total of 5,450 packages are shipped for .$1,926, determine how many individual packages were shipped and how many groups of 15 were shipped.
If a proposal evaluator randomly selected two proposals, what is the probability that both of them met the specified?
According to a well-known newspaper journal, 58.3% of the 222,900 households in particular county get the Sunday edition of local newspaper. Assume that random samples of 200 households are selected.
David Gallano, a wine merchant, has collected opinions on grape wine quality from a sample of his customers. These customers tasted wine made from grapes grown in three regions of the country.
A population of scores has m=50 and o=10. If 5 points are added to every score in the population, then the new mean and standard deviation would be:
Let x be a random variable that represents a test score. What is the lowest score that would still place a student in the top 40% of the scores?
A manufacturing process makes items whose weights are normally distributed. It is known that 22.57% of all the items made weigh between 100 grams up to mean and 49.18% weigh from the mean up to 190 grams. Find out the standard deviation.
A portfolio p of consisting 60% of stock X and 40% of stock Y, has a correlation ρpM = 0.62 with the market. What is the portfolio volatility? Statement on the diversification effect.
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