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Ann's Facebook page has 198,400 Likes. A survey was posted on Ann's Facebook page about whether people who Liked the page would by an ebook authored by her. Assume that the truth is 5% would buy.
a) What is the probability that a survey of 250 respondents would indicate 5% or more would buy an ebook?
b) Is it likely that the sampling procedure created a biased sample? Discuss, including suggestions for improvement if appropriate.
a study of residents of a region showed 20 were smokers. the probability of death due to lung cancer given that a
With regard to the standard deviation, illustrate how and why the larger the deviation number, the more difficult it would be to predict an outcome. Use specific examples to illustrate.
jorge finds that his standardized z score on an iq is 2.0. what percentage of people did he score higher than?a. 98b.
If at the beginning of the week to toasters are in stock, the profit Y from sale of toasters during the week is Y = 2 minimum (X, 10).
Express the statistical information in words. What changes were there in the overall shape of the distribution of this variable? In central tendency?In dispersion
Suppose that a bowl contains 10 chips each uniquely numbered 0 through 9 The chips are thoroughly mixed, one is drawn and the number on it
the specifications on an electronic component in a target acquisition system are that its life must be between 5000 -
An error of .01 in the computation of the short interest rate, approximately what error do you expect to make in the computation of the value of the portfolio?
The management of a bank in the Caribbean was concerned about the potential loss that might occur in the event of a hurricane. The bank estimated that the loss from one of these storms could be as much as $100 million including losses due to inter..
Your population mean has always been 9 customers per hour. The sample standard deviation is 4. The sample size is 25. The sample mean is 8.
an official from the downtown development authority claims that the percentage of local businesses that have had some
Predict final exam from midterm In an introductory statistics course, x = midterm exam score and y = final exam score. Both have mean = 80 and standard deviation = 10. The correlation between the exam scores is 0.70.
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