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A small specialized workshop is used to perform periodic check-up on some high-tech devices. The check up is made in three stages whose durations are independent random variables w
Limitations of mean
Imagine that a sample of 400 rental units shows that (i) the distribution of rents paid per month is not described by a normal distribution, (ii) that the mean rent of the sampl
What is F2 Test, These tests were based on the assumption that the samples were drawn from normally distributed populations, or more accurately that the sample means were normally
The National Quality Research Center at the University of Michigan provides a quarterly measure of consumer opinions about products and services (The Wall Street Journal, February
1. ABC produces a single product. Material A is added at the start of production and Material B at the end. Conversion is uniform throughout. Inspection before Material B is added.
What is the difference between parametric and non-parametric stats tests? Different kinds or levels of data need to be analysed using different kinds of stats tests. The basic dist
normal distribution and the sampling distributions of sample proportions and sample means, but without confidence interval
explain time series analysis
each student will be assigned a homework problem which requires data collection using an information system. Two scores are given: 1- adequacy of data collection and relevancy ( M2
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