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According to the Wall Street Journal, an average of 44 tons of carbon dioxide will be saved per year if new, more efficient lamps are used. Assume that this average is based on a random sample of 25 test runs of the new lamps and the sample standard deviation was 19 tons. Give a 90% confidence interval for the average annual savings.
Entrepreneurship researchers are interested in the relationship between entrepreneurial behaviour of firms, such as innovation or new business venturing, and performance indicators, such as sales growth or profitability.
the rapid test is used to determine whether someone has hiv the virus that causes aids. the false-positive and
A random sample of 250 adults in a medium size college town were surveyed and it was found that 110 were regular voters. Estimate the true proportion of regular voters with 90% confidence.
question assume that a procedure yields a binomial distribution with n trials and the probability of success for one
A few years ago, the Department of Education published information about education in the United States. It reported the average amount (dollars per student) spent by public schools in each state during the prior school year.
a certain baseball player hits a home run in 6 of his at-bats. consider his at-bats independent events. find the
Beginning in March 1981, R. Foster Winans was a Wall Street Journal reporter and one of the writers of the "Heard on the Street" column (the "Heard" column), a widely read and influential column in the Journal.
What is the significance level for the appropriate region of part (b)? How would you change the region to obtain a test with alpha=.001?
1. Why is it important to think carefully about decision situations that involve multiple conflicting objectives? 2. Explain the general decision-analysis approach to dealing with multiple objectives.
the table below summarizes results from a study of people who refused to answer survey questions. a market researcher
Starting with the model in Table 4, add both Em- ployment and Annual Payroll to the model. Does adding this pair improve the fit of the model by a statistically significant amount?
The engineer in a widget factory wants to test out a new form of raw materials. So a batch of widgets are made in the old manner as a control group and then a batch are made with the new materials as a comparison.
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