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Need guidance on how to approach a statistics paper. Problem: utilize statistics to solve a business related problem. The synopsis should include a discussion of the specific problem, the research methodology used, the quantitative and qualitative tools employed in the study, and the benefit and limitations of the research study. Address additional types of quantitative research recommended to further enhance the validity and reliability of the research findings.
A survey of Ohio University students was conducted to determine if there was a particular Green that was desired by students to live on. A sample of students responses are reproduced below. Do students prefer a particular Green? Use critical value..
A GSS asked. "What do you think is the ideal number of children for a family to have? the 497 female who responded had a median of 2, mean of 3.02 and standard deviation of 1.81 (a) Report the point estimate of the population mean.
Assuming the nurses surveyed were a random sample from the population of all nurses in the United States, we can use these data to test the null hypothesis H0 that there is no association between the row and column variables in this two-way table...
Use a significance level of alpha = .05 to test the claim that p > .5. The sample is a simple random sample n = 50. Show how to calculate beta for the test and assume the true population proportion is .6.
A game involving a pair of dice pays you 3 with probability 17/36, costs you 2 with probability 14/36, and costs you 4 with probability 5/36. What is your probability of losing money in one play of the game?
Perform a significance test to assess whether there is an association between mortality from cirrhosis of the liver and duration of employment in the group hired after 1945. Report a p- value.
The gambler is paid later as follows, depending on the number of winners he picked. What is his expected gain? Remember, a loss is a negative gain, and that the bookie keeps the gambler's $20.
The p-value for a test statistic is .085, what is the minimum level of significance required to reject the null hypothesis?
Identify this F ratio. What does the F ratio tell you about the fit of the regression equation to the sample points? What does it suggest?
Determine whether the difference in proportions is significant at the 0.05 level.
The symphony sells raffle tickets each year to raise money. Assume they sell 2000 tickets and the tickets cost $100 each.
Now make a scatter plot of data from 1982 to 1998 (again, use years since 1800). Determine a linear, power, or exponential model that explains the crude oil production during this time period.
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