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The bad debt ratio for a financial institution is defined to be the dollar value of loans defaulted divided by the total dollar value of all loans made. A random sample of six Ontario banks is selected and the bad debt ratios (in percentages) for these banks are:
7,4,6,7,5,8,
Compute and interpret a 95% confidence interval for the mean bad debt ratio. What needs to be true in order for this interval and interpretation to be valid?
Standard deviation of 19.5. Use a 0.05 significance level to test the claim that the sample comes from a population with a standard deviation less than 23.4.
What are the two variables in this study? Which one is the independent variable and which is the dependent variable? How do you know? Explain briefly.
a researcher is investigating the relationship between living near powerlines and prevalence of cancer in a certain
If W denotes the total number of spaces one moves under these special conditions, find the mean and standard deviation of W.
a typing competency test yields scores which are normally distributed with a mean of 80 and a standard deviation of 10.
Find and plot the autocorrelation function of the output.- - Find and plot the output PSD. - Find the output SNR.
The manufacturer of the X-15 steel-belted radial truck tire claims that the mean mileage the tire can be driven before the tread wears out is 60,000 miles. The standard deviation of the mileage is 5,000 miles.
To find out whether two categorical variables are independent, one should use the.
1.real estate agents always say location location location is the most important thing in buying a house. we want to
an instructor believes that 20 or less of the students who finish a statistics course get an a grade. a sample of 90
What is the probability that a randomly chosen package is improperly sealed?
a car enthusiast hypothesized that the average horsepower of 8 cylinder cars was less than 475. a random sample of 15
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