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Refer to Real Estate data, which report information on homes sold in the Denver, Colorado, area during the last year.
a. The mean selling price (in $ thousands) of the homes was computed earlier to be $221.10, with a standard deviation of $47.11. Use the normal distribution to estimate the percent of homes selling for more than $280.0. Compare this to the actual results. Does the normal distribution yield a good approximation of the actual results?
b. The mean distance of from the center of the city is 14.629 miles with a standard deviation of 4.874 miles. Use the normal distribution to estimate the number of homes 18 or more miles but less than 22 miles from the center of the city. Compare this to the actual results. Does the normal distribution yield a good approximation of the actual results?
We want to know if his support has decreased. In computing a test of hypothesis with , what is the estimate of the overall proportion?
A 95% confidence interval for the proportion of all adults who bought a lottery ticket in the past year is (assume Gallup used an SRS)
The simple coefficient of determination is the proportion of total variation explained by the regression line.
Difference in the mean number of times men and women order take-out dinners in a month? What is the p-value?
This distribution is positively skewed. The standard deviation of the population is not known.
The probabilities of low, medium and high compliance are 0.3, 0.4, and 0.3, respectively
Determine the probability that a randomly selected teacher earns more than $525 per week?
We code middle-aged Americans as 1 and senior citizens as 0, the logistic regression model for senior citizens
With a single-sample t ratio, the null hypothesis states that:
To test whether there is a significant mean difference among the three.
Suppose that n trials of a binomial experiment result in no successes.
What is the mean and standard deviation of the number preferring the incumbent and what is the probability that more than 68% will favor the incumbent?
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