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A report states that 40% of home owners had a vegetable garden. How large a sample is needed to estimate the true proportion of home owners who have vegetable gardens to within 4% with 95% confidence?
A random sample of 81 credit sales in a department store showed an average sale of $68.00. From past data, it is known that the standard deviation of the population is $27.00.
Describe different methods of establishing correlation between variables and provide an example of each. Discuss the advantages and disadvantages of each method and where each must be applied.
At the .05 level of significance, is there evidence of a difference in variability in the shipping time between the two outlets? What decision should the carpet manufacturer make?
Assume that the random sample of 200 light bulbs has mean life of 635 hours and standard deviation of 48 hours. Before applying Empirical Rule, what suppositions requires to be made about distribution of lifetimes of light bulbs?
A sample of n observations is taken from a population. When performing statistical inference about a population variance, the appropriate chi-square distribution has:
State the decision rule. Compute the value of the test statistic. What is your decision regarding the null hypothesis?
Conduct a hypothesis test at the 6% level of significance to determine whether there is evidence that the true mean fill volume for all jugs of softener differs from 120 ounces.
The probability that the daily demand at this store is at least one and at most three is:
How would you communicate this information to the Vice-President of Human Resources in non-statistical language.
Using the results, describe the effect of an outlier or extreme value on the confidence interval.
Is the distinction among various parts of the bell-shaped curve arbitrary or is there certain logical and rational principle involved that creates such distinctive demarcations shown in a chart like this?
Give a 95% confidence interval for the mean of the population from which the sample is drawn.
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