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A random sample of 85 group leaders, supervisors, and similar personnel revealed that a person spent an average 6.5 years on the job before being promoted. The population standard deviation was 1.7 years. Using the 0.95 degree of confidence, what is the confidence interval for the population mean?
A standard deviation of $1500. at the 0.01 level of significance, can it be concluded that state employees earn on average less than federal employees?
The table below lists deaths in Georgia in 2004, the estimated population of Georgia in 1994 and the U.S. population according to the 2000 census. Calculations should be done by hand, but feel free to use software to check your work.
Within distribution of scores, measures of dispersion give an indication of?
Which of these measurement scales (nominal, ordinal, interval and ratio) can be handled through hypothesis testing? What are the five steps in hypothesis testing? Is the order important? Why or why not?
For n=25 make up three values of that would be considered typical for a sample from this population. Make up three data points that would be considered typical from this population.
Multiple choice questions based on regression - multiple coefficient of determination
Determine the event that the sum of the numbers falling uppermost is less than or equal to 7
Let x1, ..., xn be a random sample from an exponential distribution, X ~ EXP(theta) a) If x(bar) = 17.9 with n = 50, then find a one-sided lower 95% confidence limit for theta.
In large accounting firm, the proportion of accountants with MBA degrees and at least five years of professional experience is 0.75 times the proportion of accountants with no MBA degree and less than 5 years of professional experience.
The standard deviation in cash bonuses is $15,618 and the standard deviation in annual pay is $28,077. The estimated slope of best fitting line relating x and y is?
Compute the minimum sample size required assuming that no prior information is avaiable?
a. Define variables that would tell how many units to purchase from each source. b. Develop an objective function that would minimize the total cost.
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