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Discuss the strategic importance of forecasting. What strategic decisions do organizations need to make in terms of forecasting? What are some examples?
What is the probability of getting a perfect score if you were forced to guess at each question?
What are the most common reasons you would select a non-parametric test over the parametric alternative?
suppose that the mean g.p.a. of a group of high school students is 3.0 with a standard deviation of 0.3. their math sat
it is estimated that the arrival rate to the drink stand during a typical peak hour on a peak day will be 100 customers
Assuming this is literally true, how can it be explained? What facts and/or statistics would you need to know to expose this misleading claim?
A study determined that 5% of persons age 65 to 4 have a certain symptom. A group of 17 persons age 65 to 74 are selected at random. Find the probability that at most 1 person has the symptom.
Popcorn kernels take between 100 and 200 seconds to pop. What sample size (number of kernels) would be needed to estimate the true mean seconds to pop with and error of 5 seconds and 95% confidence level?
Q1. A prison psychologist recorded the number of rule infractions for 15 prison inmates over a six-month period to be 5, 4, 2, 4, 3, 5, 2, 0, 4, 4, 5, 5, 3, 4, and 3. a. Make a frequency table. b. Make a histogram based on the frequency table.
The effectiveness of a headache medicine is tested by measuring the intensity of a headache inpatients before and after drug treatment. The data consist of before and after intensities for eachpatient.Explain
Based on data from Neilsen Media Research survey 44% of 5108 randomly selected households had their televisions sets tuned to the Superbowl on game day. Identify the sample, the population, and explain if the sample is likely to be representative ..
how many 3-digit numbers have distinct non-zero digits? generalize your answer for a k-digit number where k lt
Established that the relation between age, and weight is somewhat linear. He calculated that the correlation between age and weight is 0.514. Describe the association.
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