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This is a synopsis of a peer-reviewed reading, article that utilizes statistics to solve the business related problem. The synopsis should include a discussion of the specific problem. Also include the research methodology used, the quantitative and qualitative tools employed in the study, and the pros and cons of the study. Address additional types of quantitative research recommendation to enhance the validity and reliability of the research findings.
Steps in hypothesis test procedure - conducting a hypothesis test for some general statistic, ? say.
Method of assigning probabilities based on historical data is known the?
Find a 95% confidence interval for the population mean selling price of all homes in this neighborhood.
Compute the relative dispersion of each group using the coefficient of variation. Comment on the difference in relative dispersion.
Assume you choose 20 houses at random. On average, how many houses of twenty would you expect to have DVD? Determine standard deviation of number of houses with DVD?
Dr. S wishes to measure the effect of TV viewing on reading scores in elementary school children. The data for the sample are shown here. Assume the population is normal.
The accompanying table summarizes randomly selected sample data for San Francisco Defendants in burglary cases.
Determine the value of the finite population correction factor if population size is 1000 and the sample size is 300? What is the smallest sample size for which finite population correction factor must be Used?
According to news reports, Las Vegas betting parlors increased the number of proposition (prop) bets available to gamblers for this year's Super Bowl (Example: Which team will be the first to suspend a starting player for a team rules violation?).
Critically discuss the probability that more than 175 cable households rate cable companies as good or excellent in quality transmissions?
A random sample of 50 households revealed a mean of $112,000 and a standard deviation of $40,000. What is the standard error of the mean?
Can we conclude that the mean time for a game is less than 3.50 hours? Use the .05 significance level.
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