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Question: An art dealer wants to estimate the average value of works of art of a certain period and type. A random sample of 20 works of art is appraised. The sample mean is found to be $5,139 and the sample standard deviation $640. Give a 95% confidence interval for the average value of all works of art of this kind.
In a sample of 450 students from different countries, we found that the number of students in private school in that sample was 50 students.
What is the probability that the auto dealer will need to order more new transmissions?
Draw the Venn diagram of the sample space and indicate the event "the second toss is greater than the first." Calculate the probability of the event.
Acceptable amounts of dispensed liquid are between 11.9 and 12.0 ounces. Calculate the relevant probabilities and determine which machine should be selected.
Find the probability that a value randomly selected from this population will have a value between 90 and 130.
the sampling distribution of the sample mean. use the central limit theorem to find the approximate probability that the mean number of flaws exceeds 1.8 per square yard.
Does having an advanced degree make any difference in the unemployment status of the alumni of this University? Support your answer adequately.
Define operational definition of a variable- Give at least two operational definitions of the variables you thought of in the previous review question.
What is descriptive statistics? How can you use descriptive statistics through analysis tool pack? Discuss how to use Descriptive Statistics to produce measures? Can these be sued to support decision making?
Construct a frequency distribution for these data. Use the 2k n guideline to determine the number of classes to use.
generate two random numbers between 0 and 1 and take x to be their sum. the sum x can take any value between 0 and 2.
a draw thenbspscatter plotnbspfor the variables.b compute thenbspcorrelation coefficient. usenbspthree
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