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Question 1
a. With your own words, using relevant examples briefly define types of probability assigning methods
b. Transport trade association conducted a survey of their members to determine what they felt were the important issues to be discussed with the management. The survey results showed that 74% felt that the job security was the important issue, while 65% felt that salary increment was an important issue. Of those who felt salary increment was an important issue, 60% also felt that job security was an important issue.
i. What percentage of the members felt that both job security and salary increment were important?
ii. What percentage of the members felt that at least one of these two issues was important?
a box of tickets has an average of 100 and sd of 20. four hundred draws will be made at random with replacement from
If no blocking is used, how can this design be employed to study three principal factors, the main effects of eight minor factors not expected to interact.
Based on the p-value of 0.0308 what is the conclusion in terms of strength of evidenc to this hypothesis test.
A farmer in South Carolina must decide which crop to plant next year on his land: corn, peanuts, or soybeans. The return from each crop will be determined by whether a new trade bill with Russia passes the Senate.
Examine the p-value associated with the F-test for the polynomial you have selected in part a. Relate these results to those of the t-tests for the individual.
In our mixed economic system, who really decides prices? Producers or Consumers?
In "Husbandry, Overwinter Care, and Reproduction of Captive Striped Skunks," published in the journal Zoo Biology in 2005, researchers recorded.
What are the null and alternative hypotheses?- Check the assumptions necessary for inference.- Test the null hypothesis.
Assuming that the data in the file Dow Jones constitute the population of interest, what is the population mean closing value for the DJIA?
a professor finds that the average sat score among all students attending his college is 1150plusmn150 ?plusmn?. he
the poll claims that 70 of the population is for a new amendment. a random sample of 49 people showed that 27 voted in
Mr. R.C. Cola owns 7,001 shares of Soft drinks, Inc. There are 10 seats on the company board of directors, and the company has a total of 77,000 shares.
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