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Use only the rare event rule, and make subjective estimates to determine whether events are likely. For example, if the claim is that a coin favors heads and sample results consist of 11 heads in 20 flips, conclude that there is not sufficient evidence to support the claim that the coin favors heads (because it is easy to get 11 heads in 20 flips by chance with a fair coin).
Claim: Movie patrons have IQ scores with a standard deviation that is less than the standard deviation of 15 for the general population. A simple random sample of 40 movie patrons results in IQ scores with a standard deviation of 14.8.
Q. The following system of equations illustrates the algebraic form of a partial (individual) market equilibrium model, which is a model of price (P) and quantity (Q) determination
The cost of living index number on a some data was 200. From the base period, the percentage enhances in prices were-Rent Rs 60, clothing Rs 250, Fuel and Light Rs 150 and Miscella
what is the use of applied statistic in our daily routin life
Definition of Correlation According to prof, king correlation means that between two series or group of data there exists some casual connection prof, king has also exp
calcation
Make a decision about the given claim. Do not use any formal procedures and exact calculation. Use only the rare event rule. Claim: A coin favors head when tossed, and there
applications of normal probability distribution
#regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
Normal Distribution Meaning: According to ya Lun Chou There perfectly smooth and symmetrical curve, resulting from the expansion of the binomial (p+q) n when n approac
Write down the symbols and unit for the following: mass, molar mass, molar and molarity Write down the relationship between mass and molar mass and show that the units match.
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