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Question: The Wester Refineria company STATISTICIAN wants to estimate the proportion of customers who use a credit /debit card to pay at the pump. She surveyed 150 customers and found out that 120 paid using such a card.
• Estimate the population proportion• Compute the standard error of the proportion• Develop a 95 % C I for the population proportion• DISCUSS your findings
Explain the difference between multiple independent variables and multiple levels of independent variables. Which is better?
Calculate the mean salary of the CFOs and base on measures of the center of the data; determine if the CFO salary data are skewed.
What is the largest possible value of the covariance? Remember that r can be positive or negative and what is the covariance between X and Y
Graph this equation put at last five points for the equation. Graph each inequality. use the test point method.
Hypothesis test of difference between two means based on independent random samples, which one of the given is correct rejection region at significance level of .05?
Suppose that you have a sample mean of 49 and a standard deviation of 3, but now found those values from a sample of 20 observations. test the hypothesis allowing for type 1 error to equal .05.
Calculate the difference in the average clutter between network and cable television and which standard deviation would lead you to conclude that there was a major difference in the two clutter averages? Comment.
Suppose you want to sell your house and you have decided to accept the first offer exceeding M dollars, say. Assume that the offers are i.i.d. with common distribution F. Find the expected number of offers received before selling the house.
What are its classes? What are their periods? Are they transient or recurrent? Compute the transition probabilities Pi,j .
Restaurateur Danny Valentine is evaluating two, sites, Raymondville and Rosenber, for his next restaurant. Denny suspects that Raymondville residents (population 1) dine out more often (number of times per month) than Rosenberg residents (populati..
The grades on a statistics midterm test are normally distributed with a mean of 78 and a standard deviation of 6
According to a survey 41 % of major US companies electronically monitor their employees. Suppose that 5 such companies are selected independently and at random.
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