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Does a "follow-up reminder" increase the renewal rate on a magazine subscription? A magazine sent out 760 subscription renewal notices (without a reminder) and got 703 renewals. As an experiment, they sent out 240 subscription renewal notices (with a reminder) and got 228 renewals.
A real estate agent in the coastal area of Georgia wants to compare the variation in the selling price of homes on the oceanfront with those one to three blocks from the ocean sample of 21 oceanfront homes sold within the last year revealed the st..
Explain in your own words (no direct quotes, please) what it means when there is an interaction between two factors.
If we are dealing with non-normal data we use Chebychev's Theorem. While not as precise, it does provide some level of utility. If we use Chebychev
The superintendent of a unified school district of a small town wants to make sure that no more than 5% of the students skip more than 10 days of school in a year.
Show how to generate a random variable from the exponential distribution function shown above. Show derivation of the equation.
How many participants need to be enrolled in each group to have 90% chance of detecting a significant difference using a two-sided test with a a= .05 if compliance is perfect?
Whole Foods needs at least 1,000 units of beets. The Ames supplier can supply at least 400 units and the Zearing supplier can supply no more than 900 units. Develop constraints for these conditions.
Identify the regression equation and make the prediction. Show your procedure, or explain how you reached your answer. Costs of Television: Find the best predicted quality score of a Hitachi television with a price of $1900. Is the predicted qualit..
Is it necessary to assume a normal distribution on the population to estimate the value of the mean spending per day? Explain.
The manufacturer of a nationally known "lite beer" claims that the approval rating for it's product is at least 85%. A local soft drink manufacturer has retained a marketing agency to test the "lite beer".
A new industrial oven has just been installed at the Piatt Bakery. To develop experience regarding the oven temperature, an inspector reads the temperature at four different places inside the oven each half hour.
Follow the conventions as described in the general guidelines for writing up Special Problems.
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