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1) Compute the z-score corresponding to each of the following values of x:
a. x=40, s=5, x (with line over) = 30b. x=90, (weird u for subtracting x with line over) = 89, (weird o with line over it for dividing the result by s) = 2c. (weird u for subtracting x with line over) = 50, (weird o with line over it for dividing the result by s) = 5, x = 50d. s=4, x=20, x (with line over) = 30
2) What is the 50th percentile of a quantitative data set called?
3) Suppose that 40 and 90 are two elements of a population data set and that their z-scores are -2 and 3, respectively. Using only this information, is it possible to determine the population's mean and standard deviation? If so, find them. If not, explain why its not possible.
Determine the following probabilities: Events A and B are mutually exclusive events defined on common sample space.
How large should the sample be if I want to maintain a 95 percent level of confidence and suffer a maximum error of $2.00 in my estimate of the highest price consumers are willing to pay?
A frequency polygon: does not depend on one variable. True-False
What is your decision regarding the null hypothesis and interpret.
Assume a factory manager wishes to buy machines to perform a certain task in a production process. Certain key parts are produced by these machines.
let the number of trials be n = 3, and let the probability of success be p = 0.0228. Use a calculator to compare:
Sampling variability refers to the idea that different samples will include different individuals
Jim Sears manufactures farm equipment. His work requires the use of steel bars which must have a mean length of at least 50 inches. The bars can be purchased from a supplier in Kansas
Randomly selected cans of Coke are measured for the amount of cola in ounces. The sample values listed below have a mean of 12.19 ounces and a standard deviation of 0.11 ounces. Use a 0.05 significance level to test the claim that cans of coke hav..
Find out whether this is enough evidence to accept or reject manager's null hypothesis, using alpha = .01. Is this test left-tailed, right-tailed or two-tailed?
Explain finding value of test statistic for the given data also interpret the result. Can Mr. Ratter compute which the mean weight of the bags is less than 50 pounds.
Examined the effect of body position on blood pressure
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