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The term critical value is often used to refer to the value of a test statistic that determines statistical significance at some fixed α level for a test. For example, +1.96 are the critical values for a two-tailed z-test at α = 0.05. In performing a t-test based on 21 observations, what are the critical values for a one-tailed test when α = 0.05? That is, what values of the tstat will give a one-sided p-value that is less than or equal to 0.05? What are the critical values for a two-tailed test at α = 0.05?
What is the value of the sample proportion p who so they are satisfied with the total cost they pay for their health care? Explain in words what the population parameter p is in this setting.
A random sample of eight adults aged 30 years were asked how much they spent on medical costs in the year 2011. The following data were measured. Compute the sample standard deviation.
Conduct a matched pairs t-test to see if the differences in locations is significant - The air in poultry-processing plants often contains fungus spores.
of employees in a particular industry 60 are female. if employees are selected one at a time stopping as soon as a
Use the method of least squares to model the relationship between x and y.
What are the elements of the risk-assessment paradigm? How can these elements be applied in a workplace setting in which an emergency responder is addressing a large spill of trichloroethylene? Describe how risk assessment can be used in industria..
Carry out an ANOVA and describe in detail in a BPS-formatted Results section:
use the cramer-rao lower bound to identify the best unbiased estimate of the concerned parameter.1 xipoilambdathe
Policyholders of a certain insurance company have accidents at times distributed according to a Poisson process with rate λ. The amount of time from when the accident occurs until a claim is made has distribution G.
do you drink the recommended amount of water each day? most americans dont on average americans drink 4.4 eight-oz
A random variable X with PDF f(x)=2xe^-x^2, where x>0. I need to draw a random sample of size 1000 from this distribution in Stata and obtain the sample mean and st. dev.
find expected gain or loss for a holder of a european call option with strike price 90 to exercised in 6 months if the
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