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The average amount of time people spend on facebook each day is 64 minutes, with a standard deviation of 4.5 minutes. Are you more likely to select a random person that spends less than 62 minutes per day, or a group of 35 people that spend on average less than 62 minutes per day on facebook? Assume this is normally distributed. Find the chances of each to decide which is more likely, and by how much.
Normal approximation to the Binomial distribution - Evaluate the probability that at least 195 of the students are female.
Three companies are attempting to sell you a pollution reduction additive to your chemical waste. Given limited resources, which prevents you from developing the additive yourself, you get each company to give you a sample to the product.
As number sampled is large and those advocating a strike constitute over 50%, can we suppose that majority of all steelworkers favour a strike?
If population standard deviation is σ = 8 is effect large adequate to be statistically significant? Use two - tailed effect with α = .05
A farm brings 15 tons of watermelon to market. Find a 90% confidence interval for the population mean cash value of this crop. What is the margin of error?
Suppose that 46 percent of families living in a certain country own a car and 18 percent own an SUV. The Addition Rule might suggest, then, that 64 percent of families own either a car or an SUV. What's wrong with that reasoning.
Assuming the requirements of ANOVA are satisfied, at the .05 level of significance, is there evidence of a significant difference among the mean wait times at the five checkpoints?
Find the probability that among 8 randomly selected graduates, at least one finds a job in his or her chosen field within a year of graduating.
Because of a recent incident in which a number of people became ill after eating undercooked hamburger meat, intensive interest has centered around the cooking time for hamburger patties.
This sample has a mean weight of 5.03 Kg and a standard deviation of 0.21 Kg. Can we calculate that the mean weight produced by the machine has increased? Use 5% level of significance.
Why is statistical significance not necessarily of practical important difference to a business decision? Provide an example and explain.
An advantage of the permutation test over the t test for a difference in means is that - distribution interval or a bootstrap percentile interval
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