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In a random sample of 500 people aged 20-24, 22% were smokers. In a random sample of 450 people aged 25-29, 14% were smokers. A 95% confidence interval for the difference between the proportion of 20-24 year olds and the proportion of 25-29 year olds who are smokers is 0.032 < p1 - p2 < 0.128. Which of the following statements give a correct interpretation of this confidence interval?
Fit a least squares trend line to the merger data. What type of trend (linear or curved) might best fit to this time series? Compute the forecast for year 20 based on the trend (linear or curved) that best fits the data?
If the supplier selects the pairs of earrings at random, what is the chance that the jewelry store gets exactly two sets of platinum pairs?
The main part of the ACS contacts 250,000 addresses by mail each month, with follow-up by phone and in person if there is no response. Each household answers questions about their housing, economic, and social status. What is the Population.
What is the best estimate of the average tread life in miles for the entire population of these tires?
Sarah is a 60 year old Anglo female in reasonably good health. She wants to take out a $50,000 term life insurance policy until she is 65.
Assume the population standard deviations are not the same. At the .05 significance level, is there a difference in the mean waiting time?
Create a 99% confidence interval for mean overall duration of symptoms in population of individuals who used zinc lozenges.
The Financial Advisor exam has a mean of 500 and a standard deviation of 20. If the bank chooses to hire either Steve or Mark based solely on their exam performance, who is the bank more likely to hire? Show evidence for your answer.
A person makes random guesses for 10 true-false questions on a test. Find the probability that the student answers at least one question correctly.
Determine and plot the probability mass function and probability distribution function of the contract award amount (in millions of dollars).
Due to all the unceratinties in government health care legislation, shouldice would like to justify any expansion within a five-year time period. How would I set this problem up?
Houston is $19,900 and in Los Angelos is $21,800. What is the probability that a brand manager in Houston has a base salary in excess of $100,000?
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