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In the random sample of 35 trading days, volume of particular stock is recorded to find out whether mean volume of stock changed from its 2007 value of 35.14 million shares. Sample resulted in mean trading volume = 39.48. Population standard deviation = 15.07. Compute 95% confidence interval for u.
To conclude the effect of a new fertilizer on productivity of tomato plants one group of plants is treated with the new fertilizer as a second group is grown without such treatment. The number of ripe tomatoes produced by each group is counted.
SAT I scores around the nation tend to have a mean scale score around 500, a standard deviation of about 100 points and are approximately normally distributed. A person who scores (a perfect) 800 on the SAT I has approximately what percentile rank..
Random variables x and y have the joint density function. Find the value of the constant a
Is it reasonable to compute that the mean of the population is actually $15,000.
In each of the following situations, the sampling frame does not match the population, resulting in undercoverage. Give examples of population members that might have been omitted:
A recent national study showed that approximately 30% of college students binge-drink. Let x equal the number of students in a random sample size of n=12 who binge drink. Find the probability that
One of the most famous probability calculations is called the "birthday problem". In probability theory, the birthday problem or birthday paradox concerns the probability that, in a set of n randomly chosen people
The table shows the results of a survey im which 180 family were asked if they own a home and if they will be purchasing a new vehicle this year.
What type of error would result in that case? Respond to at least two of your classmate's postings.
In standardized form, the normal distribution a) Has a mean of 0 and a standard deviation of 1 b) Has a mean of 1 and a variance of 0 c) Has an area equal to 0.5 d) Cannot be used to approximate discrete probability distributions
Conduct the hypothesis test and provide the test statistic, critical value and/or P- value and state the conclusion.
For the samples summarized below, test the hypothesis that the two variances are equal, at α = 0.05
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