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When running a non-parametric test on SPSS with a small sample size, which test statistic will NOT provide the most accurate result?
a. Asymptotic method ('Asymp. Sig.')
b. Exact test ('Exact Sig.')
c. Monte Carlo Method ('Monte Carlo Sig.')
d. no difference; all of these will yield the same p-values regardless of sample size
What is the probability that a randomly selected eagle's wingspan is exactly 77 inches? Explain your answer. What is the probability that a randomly selected eagle's wingspan is 77 inches or less?
The following data represents the amount of time in minutes that a person had to wait for a bus to work on a random sample of 5 working days.
the following table gives the probabilities gives the number of police officers who will call in sick daily for a large
How might variance and standard deviation be applied to a real-world business-related problem? Provide a specific application in which these measures are useful.
The time, in hours, that a copying machine may work without breaking down is the normally distributed random variable with mean 549 and the standard deviation 68.
Given CAPM as the benchmark, is either of the two managers over-performing the market? What if you use the Sharpe Ratio as benchmark? Explain the answer carefully.
This semester a sample of 55 students revealed an average cost of books of $415 per student. The Dean of Students believes that the costs are greater this semester. What is the test value for this hypothesis?
Within each of your current careers/ jobs, there are sets of data that can be analyzed. For example, a teacher can use a set of test scores, a dietician can analyze a set of patient weights and correlate them to incidences of diabetes, and a sales..
Using Poisson Distribution with u= 4 tumors per eye, determine probability that there are at least four occurrences of tumors per eye?
describe the major differences between the following two distributions.a. a population of scores with mu 50 and sigma
A normal distribution has a mean of µ = 100 with σ = 20. If one score is randomly selected from this distribution, what is the probability that the score will have a value between X = 90 and X = 120?
Using this data, is there enough evidence that the average depth of the ice sheet is below 3140 m? Assume that the depth of the ice sheet is normally dstributed. Use a test of hypotheses of level alpha = 0.05.
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