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A random sample of 10 Tootsie Rolls was taken from a bag. Each piece was weighed with the result being 3.087, 3.131, 3.241, 3.270, 3.353, 3.400, 3.411, 3.437, 3.477. Construct a 90% confidence interval for the true mean weight. What sample size would be necessary to estimate the true weight with an error of plus or minus .03 grams with a 90% confidence?
What is the probability that the next 100 customers will spend an average of less than $56 on dinner?
Need to come up with a regression model to forecast monthly sales of cold beverages for the next year. What variables might be included in the model?
As it is a 2 _ 2 table, try also two-tailed two-sample z test for ð1 = ð2 and verify that z2 is same as your chi-square statistic. Which test do you favour? Describe why?
Determine a forecast for the average weekly sales in year 5 for each of the three seasons.
It is better to use the median rather than the mean for a distribution when:
Choose a group of 4 adults at random. What is the probability that none of them enjoy drinking beer?
In our real world, where the quality and quantity of information ranges from excellent to terrible, would some measure of the certainty of the data tend to lead to better decisions?
Solve the equations using linear algebra
If you had only one minute to estimate the standard deviation of a frequency distribution using only the information that can be obtained from a stem and leaf display, how would you do it and why?
Please use the five-step process for hypothesis testing. The Connecticut Board of Education is concerned that first year female high school teachers are receiving lower salaries than their male counterparts.
The following frequency distribution reports electricity cost for sample of 50 two-bedroom apartments in Albuquerque, New Mexico during the month of May last year.
In a sample of 20 men, the mean height was 178 cm. In a sample of 30 women, the mean height was 164 cm. What was the mean height for both groups put together?
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