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A bus company claims that the mean waiting time for a bus during rush hour in less than 7 minutes. A random sample of 20 waiting times has a mean of 5.2 minutes with a standard deviation of 2.1 minutes. At a= 0.01, test the bus companies claim. Assume the distribution is normally distributed. Include curve. Write conclusion where a layman can understand.
The number of shark attacks and deaths over a recent 5- year period is shown. Find the mean, median, mode, midrange, variance, and standard deviation for the date. Which data set is more valuable?
Determine the upper control limit (UCL) and lower control limit (LCL) for an X-Bar chart if six samples of subgroup size 5 (n=5) were collected, and the mean of the sample averages is 4.7 and mean of the sample ranges is 0.35.
When the necessary conditions are met, a two-tail test is being conducted to test the difference between two populations proportions.
Investigate the comparative pros and cons of the mean and the median. Find examples where the mean is more appropriate than the median and vice-versa. Discuss the locations of the mean, median and mode for a normal, left-skewed and right-skewed di..
Select the suitable hypothesis.H 0 : π ≥ .052; H 1 : π 0 if z
Find the standard normal area for each of the following: (Round the answers to 4 decimal places.)
If the company does not want to replace more than 5% of the televisions?
Previous studies have indicated the standard deviation of annual earnings for college students is $850. How large a sample would need to be taken to estimate the mean for college students' annual earnings to within $200 with 99% confidence?
What is the purpose of a post-hoc test with analysis of variance? What is probabilistic equivalence? Why is it important?
Consider a random sample of size n from an exponential distribution, Xi ~ EXP(1,eta). a) Show that Q = X1:n - eta is a pivotal quantity and find its distribution.
Draw a simulation experiment for car agency and simulate using fleet of four rental cars for 10 days.
How many treatments are there? What is the total sample size? Is there a significant difference at the 5% Level of significance? Would I accept or reject the null Hypothesis.
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