Correlation and regression problems, Basic Statistics

Assignment Help:

CORRELATION & REGRESSION:

1)  What do you mean by the term correlation?

2)  Point out the differences between coefficient of correlation and regression.

3)  If the correlation for a given data set is 0.75 what does it signifies.

4)  Point out the differences between Karl Pearson and Spearman's Rank correlation

5)  Describe the steps used for multiple regression analysis.

PROBABILITY:

1) If a person is vaccinated properly, the probability of getting the disease is .04. Without the vaccination, the probability of getting the disease is .30. Assume 1/4 of the population is properly vaccinated.

a. If a person is selected at random, what is the probability they will get the disease?

b. If a person gets the disease, what is the probability that they were properly vaccinated?

HYPOTHESIS TESTING:

1) In a large population of students, a school claims that the average ACT score is µ = 25. A newspaper disputes this claim and obtains a random sample of 34 students which yields an average of 24.2, and s = 6.2. Conduct a hypothesis test at the 10% level to determine whether there is statistical evidence that the survey is different than the actual population.

2) A test was designed to test student's ability to learn statistics. Thousands took the test and were divided by sex. A random sample of 50 was chosen from each group. The females had an average of 44 with a standard deviation of s = 2.1 and the males had an average of 45 with a standard deviation of s = 2.3. Construct a 95% confidence interval for the difference in mean test scores of the two populations.

3) The following is a random sample of numbers of people who were hired at a company over the last 10 years. Construct a 70% and 90% confidence interval for the difference in male and female hiring.   

 

Male

Female

Hired

200

300

Interviewed 

450

500


Related Discussions:- Correlation and regression problems

Probability, 1) A certain brand of batteries has a lifetime that has a norm...

1) A certain brand of batteries has a lifetime that has a normal distribution with a mean of 3,800 hours and a standard deviation of 390 hours. b) What lifetime should the manufac

Binomial expansion, what is the largest coefficient of (1+3x)^4 is ?

what is the largest coefficient of (1+3x)^4 is ?

Determine the price rate-demand , SkyyMarley Airlines has determined that t...

SkyyMarley Airlines has determined that the price elasticity of demand for two customer segments (Coach and Business Class) is -1.35 and -2.50.  Based on their expectations of prof

Generally accepted accounting principles-gaap, Generally Accepted Accountin...

Generally Accepted Accounting Principles-GAAP:  GAAP is an Americanized term for the accounting standards and procedures that need to be followed by companies while compiling their

Construct simulation model-estimate the probability, CBT has agreed to fina...

CBT has agreed to finance the needs of a stereo wholesaler for the next month. To complete the loan agreement, the wholesaler must estimate the cash on hand during the first 90 day

Index number, Characteristics of index number

Characteristics of index number

Job costing order, Diketahui: Biaya Bahan Baku 15.500 Biaya Tenaga Kerja La...

Diketahui: Biaya Bahan Baku 15.500 Biaya Tenaga Kerja Langsung:14.750 Biaya Overhead pabrik 11.800 Barang Jadi 37500 Bahan baku yang deibebankan ke satu pesanan yang masih dalam

Type of correlation, The correlation coefficient can take values from -1 to...

The correlation coefficient can take values from -1 to 1. If the correlation coefficient lies in the range (-1,0) then we say that the correlation is negative, on the other hand if

Basic statistics, Since you have answered the same below question on 2012, ...

Since you have answered the same below question on 2012, can you provide it to me as free of charge this time? if yes, please send it to me on: Question" Case 1: Decision Analysis

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd