Reference no: EM13974767

Problem 1:

The cost of 14 models of digitals cameras at a camera specialty store during 2014 was as follows:

340 450 450 280 220 340 290 370 400 310 340 430 270 380

1. Compute mean, median, mode, first and third quartile.

2. Compute the variance, standard deviation, range, interquartile range, coefficient of variation, standard error of the mean and Z scores.

3. Determine whether or not there are outliers? Explain.

4. Determine whether or not the data are skewed? If so, how?

5. Based on the previous results what conclusions can you reach concerning the price of digital cameras at a camera specialty store during 2014.

6. Construct a 90%, 95%, 99% confidence interval for the population mean cost of digitals cameras.

7. Interpret the meaning of each interval.

8. What assumption do you need to make about the population of interest to construct the confidence intervals?

Problem 2:

Consider the sample data for plants A, B, C & D of the above company, which are tabulated in table 1. Test whether the four means are equal at the 5% level of significance. Perform a test that will compare all 4 means at once. We are not interested in pair-wise comparisons at this stage. Please show all the steps in your calculations.

Table 1:
A	B	C	D
333	328	320	333
332	329	321	321
320	323	322	329
326	327	325	330
328	330	326	328
325	331	328	325
323	332	329	333
321	320	330	331
334	324	331	327
322	323	332
320	334
329
330
328
331
330

Problem 3:

Read the article (p. 221 - 225)

"Performance and duration differences between online and paper-pencil tests" and answer the questions below.

Part A.

1. Develop a 95% confidence interval using data from this study.

2. Perform a hypothesis testing using data from this study. (show all the the appropriate steps).

3. Suggest another statistical technique(s) for the purpose of this study. Explain.

Part B.

For this study briefly describe how the researcher draw conclusions from a sample about a population. Try to be as analytic as possible and use the comments bellow.

1. Determine (or define) the independent variable(s).

2. Determine (or define) the dependent variable(s).

3. Determine (or define) qualitative and quantitative variable(s).

4. Determine (or define) the sample and the population.

5. Describe the statistical method(s) being used and define inferential statistics. Interpret the meaning of p-value.

USE THE HARVARD REFERENCING SYSTEM THROUGHOUT THE REPORT

Attachment:- Article.rar