Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The MBASAL file contains the salary offer (in thousands of dollars) received by each member of a sample of 50 MBA students who graduate from the graduate school of management at Rutgers, The State University of New Jersey. Descriptive statistics and a box plot for the data are shown on the DDXL below:
Summary of salary count: 50
Mean: 52.334
Median: 51
Std dev: 9.224
Variance: 85.085
Range: 40
Min: 35
Max: 75
IQR: 13.7
25th%: 45.3
75th%: 59
a. Find and interpret the z score associated with the highest salary offer, the lowest salary offer, and the mean salary offer. Would you consider the highest offer to be unusually high? Why or why not?
b. Based on the box plot for this data set, which salary offers are suspect or highly suspect to be outliers?
An experiment was performed to investigate lifetime of a component exposed to high heat. Three different oven types were used at either 550°F or 600°F.
Compute the two groups using Paired sample t-test. Compute which modification reduced the number of traffic accidents
Assume that the significance level is a= 0.1. Use the given information to find the p-value and the critical value (s). With H1: p = with line through it 1/2 the test statistic is z= - 1.35
Expand and aggregate plan using each of the following guidelines and complete the total cost for each plan. Which plan has the lowest total cost.
For each of the following two scenarios/descriptions (pp.2), please select two responses, one to indicate the most appropriate test of inference
Assuming the sample size of 40 can be considered as large, compute the confidence interval for a confidence level of 90%.
Intersection of two mutually exclusive events: can be any value between 0 to 1, must always be equal to 1.
A work-study engineer times a certain operation, and discovers that the average time it takes is 10 minutes, but on 15% of occasions it takes more than 13 minutes.
What is the probability that at least three students choose Supreme Chocolate?
After 1,000-trial simulation, examine statistical information generated and compare output of simulation with your findings in Problem .Briefly describe the significant similarities and differences.
To decrease the amount of time it takes to deliver packages, a delivery company purchased computer software that finds the optimal route for making deliveries based upon the input of the package destinations.
Chi-square test for independent attributes - Are the opinions on the tax cut proposal independent of party affiliation? Use a = 0.01
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd