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Survey to determine what proportion of new car buyers continue to have their car serviced at the dealership after warranty ends. Estimates 30% of customer do so. Results should be accurate within 5%. Also 95% confident of the results. What sample size is necessary?
Provide an example of an application of the normal distribution. Explain why standard normal distribution can be used to find the probabilities for all normal distributions?
A social psychologist is studying college students attitudes toward drinking and driving. He is specifically interested in attitude change as a result of years in college and of viewing the consequences of drinking and driving accidents.
An independent financial advisor claims an average rate of return, μ, on a particular investment is at least 7%. In testing her claim, the correct pair of hypotheses is:
The local operations manager for the IRS must decide whether to hire 1, 2, or 3 temporary workers. He estimates that net revenues will vary with how well taxpayers comply with the new tax code.
Specify the null and alternative hypotheses you would use to determine if the opinions of Internet users are evenly divided among the four categories.
Develop a 95% confidence interval for the amount of total itemized deductions for all taxpayers with an adjusted gross income of $52,500 (to the nearest whole number).
What test can be performed to compare the percentage of participants who developed abnormal triglyceride levels between the vitamin A and the trace group? Report a two-tailed p value.
The Graduate Management Admission Council, who administers the test, claims that the mean total score is 529. Suppose a random sample of 8 students took the test, and their scores are given below. 699, 560, 414, 570, 521, 663, 727, 413 Use α = .05..
Create a 95% confidence interval for the value of the population mean, given that their are 64 observations and a sample mean of 49, with a sample standard deviation of 3,test the hypothesis with an alpha equal to .05
If 10% of the parts produced from a manufacturing process are defective, what is the probability that there are 15 or more defectives in a random sample of 100 items?
Mean daily amount of her tips was $24.85, with a standard deviation of $3.24. Can Ms. Brigden be 99% confident that she is earning an average of $20 or more per day in tips?
Given the following frequency distribution, find out the mean, variance, and standard deviation.
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