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According to the U.S. Bureau of Labor Statistics, personal expenditures for entertainment fees and admis- sions averaged $349 per person in the Northeast and $420 in the West. Assuming that these data involved (1) sample sizes of 800 and 600 and (2) standard devia- tions of $215 and $325, respectively, use a z-test and the 0.01 level of significance in testing the difference between these means. Determine and interpret the p-value for the test. Construct and interpret the 99% confidence interval for the test. Source: U.S. Bureau of Labor Statistics, Consumer Expenditure Survey, Interview Survey, annual.
Why do you think it is significant to describe both the measure of central tendency and the measure of dispersion when talking about a data set?
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The "Top Three" at a racetrack consists of picking the correct order of the first three horses in a race. If there are 10 horses in a particular race, how many "Top Three" outcomes are there?
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the number of deaths due to firearms in the united states between 1968 and 1993 are given belowyearfirearm deaths
abc manufacturing has 6 machines that perform a particular task. breakdowns occur frequently for these machines. past
a. Formulate the null and alternative hypotheses. b. Which statistical test would you use? Why?
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