Confidence interval for the mean rating

Assignment Help Basic Statistics
Reference no: EM13995418

1. Given the printout in Exercise 16.15, determine the approximate

a. 90% confidence interval for the mean rating on test 4 for units that have been rated at 300, 500, and 400 on the first three tests.

b. 90% prediction interval for the rating a unit will get on test 4 if its ratings are 300, 500, and 400 on the first three tests.

2. The regression equation yˆ 5 5.0 1 1.0x1 1 2.5x2 has been fitted to 20 data points. The means of x1 and x2 are 25 and 40, respectively. The sum of the squared dif- ferences between observed and predicted values of has been calculated as SSE 5 173.5, and the sum of squared differences between values and the mean of is SST 5 520.8. Determine the following:

a. The mean of the values in the data.

b. The multiple standard error of estimate.

c. The approximate 95% confidence interval for the mean of whenever x1 5 20 and x2 5 30.

d. The approximate 95% prediction interval for an individual value whenever x1  5 20 and x2  5 30. DATA SET Note: Exercises 16.18-16.22 require a computer and statistical software. If possible with your statistical software, determine the exact, rather than the approximate, intervals.

Reference no: EM13995418

Questions Cloud

Prediction interval for the overall rating of an individual : Determine the 95% prediction interval for the overall rating of an individual notebook computer with a $1000 street price, a performance score of 100, and a 2.50-hour  battery life.
What is the angular momentum of the wheel : What is the angular momentum (L) of the wheel after 3 seconds? What is the speed of a point on rim of the wheel after 3 seconds?
How is rule making different than legislation : How is rule making different than legislation? Does one carry more weight than the other? Do laws and rules affect citizens in the same way? Why or why not
Find the speed of the two cars after collision : Find the speed of the two cars after collision. If they then hit a concrete wall and stop without rebounding, what is the impulse delivered by the concrete wall?
Confidence interval for the mean rating : 1. Given the printout in Exercise 16.15, determine the approximate a. 90% confidence interval for the mean rating on test 4 for units that have been rated at 300, 500, and 400 on the first three tests.
Describe the bucket bargining model and list five buckets : what aspects of the exsisting contract are usually reviewed by management
A coal-fired powerplant and a nuclear powerplant : 1) Explain the similarities and differences between a Coal-Fired Powerplant and a Nuclear Powerplant  2) What is a "complete combustion reaction"?  What affect does it have in air pollution?
Does the footnote provide information not available : Are cash flow effects of these investments reflected in the company's comparative statements of cash flows? If so, what information is provided by this disclosure?
Briefly introduce the company starbucks : Briefly introduce the company Starbucks, describe how Starbucks are using electronic media and e-mail. What type of media is Starbuck using and who is the audience.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd