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Question. Mr. James McWhinney, president of Daniel-James financial Service believes there is a relationship between the number of client contacts and the dollar amount of sales. To document this assertion, Mr. McWhinney gathered the following sample information. The X column indicates the number of client contacts last month, and the Y column shows the value of sales ($ thousands) last month for each client sampled.
a. Determine the regression equation.
b. Determine the estimated sales if 40 contacts are made.
What is the expected total inventory holding and ordering cost per year and how many days should one order last on average?
Calculate the odds ratio of the fish being female in the cold environment compared to the fish in the warm environment. Interpret this ratio in the context of the question.
Construct a research question using the General Social Survey dataset, which can be answered by a Pearson correlation and bivariate regression.
1. Provide a recommendation to the president that maximizes profits
Difference between the variances in assembly times (in seconds) of employees trained in a computer-assisted, individual-based program and those trained in a team based program?
An urn contains white and pink balls. Six balls are randomly drawn from the urn in succession, with replacement. That is, after each draw, the selected ball is returned to the urn. What is the probability that all balls drawn from the urn are white? ..
What is the probability that the device will fail during the second year of operation and If upon failure the device is immediately replaced, what is the probability that there will be more than one failure in 3 years of operation?
Biostatistics POPH90013 Assignment. What percentage of data is missing for the variable smoke? What percentage of data is missing for the variable smoke
1304AFE Business Statistics Computer Assignment. A shopping mall estimates the probability distribution of the number of stores mall customers actually enter (X), as shown below: Calculate the mean of number of stores entered
Henry performed a two-tailed test for an experiment in which N=24. He could not find his table of t critical values, but he remembered the tcv at df=13. He decided to compare his tobt with this tcv. Is he more likely to make a Type I or a Type II err..
Suppose the joint pdf of lifetimes of a certain part and a spare is given by f(x, y) = e-(x + y); 0
Construct 90% and 95 % confidence intervals for the population proportion. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals.
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