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You are given the sample mean and the sample deviation, Use this information to construct the 90% and 95% confidence intervals for the population mean. Which interval is wider?
A random sample of 38 gas grills has a mean price of $638.20 and a standard deviation of $59.80.
a) The 90% confidence interval is __,__ (round to two decimal places)
b) The 95% confidence interval is __,__ (round to two decimal places)
c) Which interval is wider? The 90% or 95% confidence interval? (choose one)
Develop a seasonally adjusted forecast model for these sandwich sales data. Forecast demand for each season for 2004 using a linear trend line estimate for sales in 2004. Do the data appear to have a seasonal pattern?
A survey on the drinking habits of Americans estimated the percentage of adults across the country who drink beer, wine, or hard liquor at least occasionally. Of the 1516 adults interviewed, 985 said that they drank.
A hypothesis test is performed to test the claim that a population proportion is greater than 0.7. Find the probability of a type II error, β, given that the true value of the population proportion is 0.72. The sample size is 50 and the significan..
Use this information to make a 95% confidence interval to evaluate true average number of copies made each day at this company.
To estimate the average time it takes to assemble a certain computer component, the industrial engineer at an electronic firm timed 40 technicians in the performance of this task, getting a mean of 12.73 minutes and a standard deviation of 2.06 mi..
Let T have the exponential distribution with parameter lambda, and let Y=Sqroot(T).
Using the above database, compute a t-test comparing males' and females' heights. You must determine which type of t-test to compute. Write a short interpretation of the results.
A vertical line is drawn through a normal distribution at z = -0.25, and separates the distribution into two sections. What proportion of the distribution is in the larger section?
If two events are collectively exhaustive, what is the probability that both occur at the same time?
Between what two values does the P -value of this test fall?
Assuming that the process is operating correctly according to specifications, what is the probability that a sample will indicate that an adjustment is needed?
A survey showed that 24% of college students read newspapers on a regular basis and that 81% of college students regularly watch the news on TV. The survey also showed that 21% of college students both follow TV news regularly and read newspapers ..
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