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4. Each member of a random sample of 15 business economists was asked to predict the rate of inflation for the coming year. Assume that predictions for the whole population of business economists follow a normal distribution with standard deviation 1.8%. a. The probability is 0.01 that the sample standard deviation is bigger than what number? b. The probability is 0.025 that the sample standard deviation is smaller than what number? c. Find a pair of numbers (say a and b) such that the probability that the sample standard deviation lies between these two numbers is 0.90.
A statistical process analyst is responsible for assuring statistical control. In one process, a machine is supposed to drop 11.4 ounces of mints into a bag. (Assume that this process can be approximated by a normal distribution). The acceptable rang..
The number of employee accidents from the housekeeping department in Hotel A is related to bed height, bed size, and spinal loading. The linear regression model formula has been calculated as following: Y = 3.9+ 8.5(X1) + 2.9(X2) + 5(X3). Calculate t..
Test the hypothesis that there is not relationship between the proneness to use excessive force score and the force score for officers trained at Academy A.
Derive the expression for the PDF of X
Construct the product structure tree for the coffee table and all of the items required to construct the table - complete the MRP for the coffee table and all of the items required to construct the table.
6. A particular district of your nation had a higher incidence rate for polio last year compared to the rest of the country. That region has been traditionally been resistant to vaccination efforts. You have commissioned a case-control study for the ..
Suppose the age of buyers were collected and the data follows the bell curve (a normal distribution). The buyers had an average age of 41 years and a standard deviation of 7. You plan to take a random sample of 68 buyers and calculate a sample mean.
1)What is the number of Observations in the sample? Write the least squares regression (prediction) equation. Test the usefulness of variable x2 in the model at alpha =.05. Calculate the t statistic and state your conclusions
Plot each of the predictors against the response. Plot the predictors against each other. The purpose here is to get a graphical idea of the relationships in the data.
For a particular company, data was collected on hourly workers and salaried workers preference for two difference pension plans: Plan 1 (p1) and Plan 2 (p2). Using the table below, what is the probability employees prefer Plan 1?
Describe the direction of the relationship between the Hamstring strength index 60°/s and the Shuttle run test and without using numbers, describe the relationship between the Hamstring strength index 120°/s and the Triple hop index.
Purpose: One of the objectives of this class is to make students better consumers of the information they are presented with. Knowing how to interpret poll results is an important step in determining validity of studies you will assess in you..
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