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A simple random sample of 120 SAT scores has a mean of 1540. Assume that SAT scores have a population standard deviation of 333.
(a) Construct a 95% confidence interval estimate of the mean SAT score.
(b) Is a 99% confidence interval estimate of the mean SAT score wider than the 95% confidence interval estimate you got from part (a)? Why? [You don't have to construct the 99% confidence interval]
What is the probability that he or she will be a problem gambler who does not play poker machines (rounded to 3 decimal places)?
question a recent survey of banks revealed the following distribution for the interest rate being charged on a home
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A doctor believes that the standard deviation of systolic blood pressure is 450. A random sample of 24 patients found a standard deviation of 520. Assume the variable is normally distributed and a = 0.01. What are the critical values?
estimating the simple aggregate price index.betts electronics purchases three replacement parts for robotic machines
Use the Fama-French 3-Factor model to run the following tests and alternative techniques to account for violations of the classical linear regression assumptions
A manager hopes to improve the sales figures for 10 employees by sending them to a motivational seminar. To test the effectiveness of this seminar
What happens to the confidence interval if you (a) increase the confidence level, (b) increase the sample size, or (c) increase the margin of error?
In a randomized clinical trial of timolol vs. placebo in patients surviving acute myocardial infarction, the total deaths at an average of 24 months after treatment were found to be 65 out of 720 in the Timolol group and 112 out of 860 in the plac..
Tests of hypothesis for two populations. List one test statistic that could be used for comparing two populations with hypothesis testing. Can you think of an example where this could be used?
A telephone manufacturer wants its telescope to have standard deviation in resolution to be significantly below 2 when focusing on object 500 light-years away.
What is the probability that a randomly selected person will be a Protestant and at the sametime be a Democrat or a Republican and what proportion of teenagers watch 16 to 18 hours of TV a week?
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