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SAT scores are distributed with a mean of 1,500 and a standard deviation of 300. You are interested in estimating the average SAT score of first year students at your college. If you would like to limit the margin of error of your 95% confidence interval to 25 points, how many students should you sample?
The problem related to Basic Statistics and discuss about reliability vs validity in the area of research and it discusses the importance of these two
"AND" and "OR" Considering all the employees of a company, which group is larger: employees coming late OR leaving early or employees coming late AND leaving.
This shows that the relationship between two variables cannot be obtained from the two individual distributions of the variables.
question the bank customer waiting time caserecall that a bank manager has developed a new system to reduce the time
Determine the standard deviation of the sampling distribution of p hat.
completion time from start to finish of a building remodeling project is normally distributed with a mean of 200
Regression analysis works with the basic formula of a line, which is Y = mX + b. We can use it to look at causation. Think about the Lemonade Stand Game.
Given a normal distribution with μ = 104 and σ = 10, and given you select a sample of n, There is a 67% chance that over-bar X is above what value?
Do you believe that TOC will have any impact on other functions in the organization? If so, what might they be? In specific, comment on the possible
Using the appropriate formula for grouped data, calculate the mean number of hours in downtime. Using the appropriate formulas for grouped data, calculate the variance and the standard deviation.
Do you use probability in your profession or real life? You most likely do. For example, chance of rain tomorrow is 27%. We hear similar probabilities in the media all the time.
Replicate the simulations discussed in the paper for scenarios A, B and C only - Once you understand the algorithm, the R code is actually simple (you can use any built-in functions in R), not more than 300 lines (this is an overestimation).
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