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Investigators are studying two drugs used to improve the FEVl readings (a measure of lung function) in asthmatic patients.
Assume that σ = .8 and the difference in means they wish to detect is .25. If they want to do a two-sided test of equal population means with a = .05 and β = .20, what sample size should they use?
She will make the mean raise $1000 and the standard deviation $179. Basing this on worker productivity (toys constructed), the most productive 10% of employees will see a raise of at least how much?
Make a scatter plot of Y and X1 using Word. To do this click on insert and then chart. Click on X Y (Scatter). Enter the data from the table.
XTRA Inc. has beginning-of-the-year present values for its projected benefit obligation and market-related values for its pension plan assets.
Write down the value of the gradient of the regression line and explain what it means in this case. Is the constant or intercept value significant in this case? How do you know this?
A coin was flipped 60 times and came up heads 36 times. Determine the critical value you would use to test whether proportion of heads is greater than 0.50 at 10% level of significance?
Suppose that a guest claims that she played the slot machine 5 times and hit the jackpot twice. Find the probability of exactly 2 jackpots in 5 trials.
How many students would be required to estimate the proportion of students who consume coffee? Suppose we want the estimate to be within 5% of the true proportion with 95% confidence.
The average amount of insulation in the sample of household is 12 inches. The sample standard deviation is 15 inches. Set up and interpret a 95% confidence interval.
a small town has a population of 20000 people. among these 2000 regularly visit a popular local bar. a sample of 225
A universal life policy provides a death benefit equal to the account value plus 50 000. Monthly premiums are 3000. Find AV74 and COI73.
What price should the manufacturer charge the type 1's? How large a discount could the coupons offer without tempting the type 1's to use them?
Draw the model for these IQ scores. Clearly label it, showing what the 68 - 95 - 99.7 Rule predicts about the scores.- In what interval would you expect the central 95% of IQ scores to be found?
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