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A person claims to have ESP (extrasensory perception). A coin is tossed 16 times, and each time the person is asked to predict in advance whether the coin will land heads or tails. The person predicts correctly 75% of the time (i.e., on 12 tosses). What is the probability of being correct 12 or more times by pure guessing?
Most of the time managers will have initial (or prior) knowledge of the probabilities that an event or outcome will result. When new information is obtained, initial probability projections can be revised and improved. What statistical techniques ..
A radio station wants to know if residents in their area are in favor of a proposed tax increase. They invite listeners to call in to respond to the poll. 645 of the 800 who responded were against the tax.
Assume that Los Arboles had a special program in place to encourage helmet use. Elucidate to what extent did removal of the outlier improve the fit.
Bill Russ, the production manager at Ross Co., maintains detailed records on number of times each machine breaks down and requires service all through the week. Bill records show that the Puret grinder has required repair service according to the ..
Given a p-cap of 0.16, n = 100, construct a Confidence Interval of 95%. What does the Range created mean? What happends if n changes to 10? What does the new Range mean?
If someone had x=2 job changes, what does the least squares line predict for y, the annual salary?
We are certain the the average difference in reaction times between the two light types for all golfers is between 0.27 and 7.13.
Determine what analysis would you do on each problem (i.e., one-sample z-test, one-sample t-test, proportion test, two-sample independent t-test, or paired test)?
The height and diameter of 31 trees of a certain species were measured, the trees were cut down, and the volume of usable lumber was determined. Find the explanatory variable(s) in this study are
According to the Chebyshev rule, at least what percentage of the observation in any data set are contained within a distance of 3 standard deviations around the mean.
Explain this result (including the underlying logic of the computations) to a person who understands hypothesis testing involving a single sample and a known population, but knows nothing about t tests.
Colleges typically use grade point average cutoffs to decide who graduates with honors and who is accepted into certain programs (such as teacher education, for example).
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