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If your ANOVA shows no interaction between two factors:
A) You must re-run the ANOVA in minitab without replicates.
B) Start over taking more samples, the current results aren't valid without showing an interaction.
C) Assume that there is no effect due to either of the factors on the response variable.
D) You must re-run the ANOVA in minitab adding interaction with error.
Draw the suitable 2x2 table, compute and interpret suitable measure of association.
Following a lognormal distribution with a mean of 3000 rpm and std deviation of 0.87, what if the boss want a 5% chance of HW failure before selling, how often would I have to replace this hardware ?
Based on your experience using ANOVA and Nonparametric tests, what additional information would you recommend to the key decision maker solve the challenges given in a company that provides software solutions to wide range of clients?
The linear correlation coefficient, r, measures the strength of the linear relationship the variables in a set of ordered pairs (x,y). What is the maximum and minimum values for r?
If the process mean and standard deviation remain constant, what proportion of the output from this process will be defective?
Without constructing the 98% confidence interval for the rate of effectiveness, would you expect the interval to be longer or shorter compared to the 95% confidence interval? Why?
A study 200 nurses found that of 125 females nurses, 56 had bachelor's degree; and of 75 male nurses; 34 had bachelor degrees. if a nurse is selected at random, find the probability that the nurse is a female nurse with a bachelor degree.
Find out the expected number of correct responses under these circumstances if one in fact selects the responses at random. What is the standard deviation?
What is the 99% confidence interval?
Calculate descriptive statistics for each stock and the S&P 500. Comment on your results. Which stocks are the most volatile? Calculate the value of beta for each stock.
When the underlying average of a time series is very stable and there is no trend, cyclical, or seasonal influences,
The national average SAT score (for Verbal and Math) is 1028. Suppose that nothing is known about the shape of the distribution and that the standard deviation is 100. If a random sample of 200 scores were selected and the sample mean were calcula..
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