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a) Describe a series of steps that could be used to write fractions like 3/4, 2/5, 5/6, 11/8, 3/10, 19/15, 7/20, 8/25, 9/40, or 17/50 in decimal form. Make up your own fraction after these ten have been used. Do not use the same fraction as any other classmate. Using a calculator is not an acceptable answer.
b) Why is it preferable to not use the word "and" when reading a number like 457?
A survey for Hotels asked respondents "When traveling internationally, do you generally venture out on your own to experience culture, or stick with your tour group and itineraries?" The survey found that 23% of the respondents stick with their t..
You are looking at a bond to add in your portfolio. The bond has a 7.2 percent coupon (paid semiannually), 10 years left to maturity, and can be purchased at par ($1,000).
Consider the following two economic characteristics with two possible outcomes each: employment (increase, decrease) and economic trend (positive, negative).
If a woman purchases Super Cola, what is the probability that it is a diet soda?
Assume we interested in relationship between the age of individual, as measured by visits. Suppose after selecting 15 members the observation:
If a new graduate is given a bunch of flowers from this outlet, what is the probability that the flowers were purchased by their partner or friend?
a) What type of research uses numeric measurement data? b) What type of research uses a research hypothesis? c) What type of research does not use statistical data analysis?
A company that produces an expensive stereo component is considering offering a warranty on the component. Suppose the population of lifetimes of the components is a normal distribution with mean of 84 months and standard deviation of 10 months.
Draw the standard normal distribution, label the axis, locate both z-scores on the axis (z7 = -1.5, z15 = 2.5), and shade an area equal to the probability that a randomly chosen croaker fish will be b/t 7 and 15 inches.
What are the assumptions of a correlated-groups t-test? What measure of effect size is used for a correlated groups t-test?
Calculate (a) MAD, (b) MSE, and (c) MAPE for the following forecast versus actual sales figures.
A survey of 30 adults found that the mean age of a person's primary vehicle is 5.6 years. Assuming the standard deviation of the populaiton is 0.8 year, find the 99% confidence interval estimate for the population mean.
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