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You wish to determine whether consumers have made substantial progress in reducing their credit card debt? Based on a sample of 1000 consumers in September 2001, and another sample of 1000 customers in September 2006, the average credit card debt 2711 in 2001 as compared to 2814 in 2006. The standard deviation of each sample was approximately 976. Using a level of significance of 0.1,
Clothing for Runners: Your company sells exercise clothing and equipment on the internet. To design the clothing, you collect a data on the physical characteristics of you different types of customers
In large accounting firm, the proportion of accountants with MBA degrees and at least five years of professional experience is 0.75 times the proportion of accountants with no MBA degree and less than 5 years of professional experience.
How is the null hypothesis chosen (why is it null)? What is the importance of rejecting the null hypothesis in relation of the sample to the population?
Support colour-coding on packaged food to indicate healthier options
On the basis of these results, do you think retailers and consumers have a right to complain to the manufacturers? Why?
If campaign can be expected to also to rise the probability of best case scenario to 0.4, is it a good investment.
Construct a stem and leaf plot of the income. what do you predict about the shape of the population distribution. complete the following sentence. Fifty percent of the data falls below $ ______.
In this problem set you will get some practice performing hypothesis tests for two samples. If you use Statdisk to perform any portion of these analyses, please include the results, label them, and refer to them accordingly in your interpretations..
Set up dummy coded dummy variables to contrast each of the other groups to Group 2, medium Anxiety; run a regression to predict exam performance (Y) from these dummy coded dummy variables.
Construct the 95% confidence interval estimate of the mean number of migraine attacks for those treated with acupuncture.
A small independent stock broker has created four sector portfolios for her clients. Each portfolio always has five stocks that may change from year to year The volatility (coefficient of variation) of each stock is recorded for each year.
The distribution of lifetimes for a certain type of light bulb is normally distributed with a mean of 1000 hours and a standard deviation of 100 hours. Find the 33rd percentile of the distribution of lifetimes.
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