Expected value of the random variable

Assignment Help Basic Statistics
Reference no: EM13246831

1. The expression used to compute an interval estimate of m may depend on any of the following factors except

2. The expected value of the random variable is?

3 .In a sample of 800 students in a university, 160, or 20%, are Business majors. Based on the above information, the school's paper reported that "20% of all the students at the university are Business majors." This report is an example of ?

4. A statistics teacher wants to see if there is any difference in the abilities of students enrolled in statistics today and those enrolled five years ago. A sample of final examination scores from students enrolled today and from students enrolled five years ago was taken. You are given the following information.

 

 

Today

Five Years Ago

 

X'

82

88

 

s2

112.5

54

 

n

45

36





The 95% confidence interval for the difference between the two population means is ?

5. In regression analysis, the variable that is being predicted is the

6. Compared to the confidence interval estimate for a particular value of y (in a linear regression model), the interval estimate for an average value of y will be

7. A population consists of 8 items. The number of different simple random samples of size 3 (without replacement) that can be selected from this population is

8. A numerical measure from a sample, such as a sample mean, is known as

9. A tabular summary of data showing the percentage of items in each of several nonoverlapping classes is a

10. In a questionnaire, respondents are asked to record their age in years. Age is an example of a

11. A local department store is studying the shopping habits of its customers. They think that the longer customers spend in the store the more they buy. Their study resulted in the following information regarding the amount of time women and men spent in a store.

 

 

Women

Men

 

Mean

6 minutes 12 seconds

5 minutes 46 seconds

 

Population Standard deviation

4 seconds

5 seconds

 

Sample size

32

50





At 95% confidence, what is the conclusion for this study?

12. The birth weight of newborns, measured in grams, is an example of

13. A random sample of 81 automobiles traveling on a section of an interstate showed an average speed of 60 mph. The distribution of speeds of all cars on this section of highway is normally distributed, with a standard deviation of 13.5 mph.

Refer to Exhibit 8-3. If the sample size was 25 (other factors remain unchanged), the interval form would

14. A sample of five Fortune 500 companies showed the following revenues ($ millions): 7505.0, 2904.7, 7208.4, 6819.0, and 19500.0. Based on this information, which of the following statements is correct?

15.

You are given the following information about y and x.

 

y

x

 

Dependent

Independent

 

Variable

Variable

 

5

15

 

7

12

 

9

10

 

11

7




The least squares estimate of b0 equals

16.
Information on the type of industry is provided for a sample of 50 Fortune 500 companies.

 

Industry Type

Frequency

 

Banking

  7

 

Consumer Products

15

 

Electronics

10

 

Retail

18




The relative frequency of industries that are classified as banking

Reference no: EM13246831

Questions Cloud

Determine the maximum energy of sunlight in one hour : The average intensity of sunlight at the top of the earth's atmosphere is 1385 W/m2. What is the maximum energy
Define what is the theoretical yield of gold of hydrogen gas : What is the theoretical yield (in grams) of gold when 1.378 L of hydrogen gas (density = 0.0902 g/L) reacts with 20.14 g of gold(III) chloride in solution
Determine the value of the transfer function of the filter : The input to a certain filter is given by Vin(t)=2cos(10000pi*t-15deg) and the steady state output is given by Vout(t)=5cos(10000pi*t+25deg). Determine the (complex) value of the transfer function of the filter for f=5000 Hz.
Find the flows current in the resistor : A 860 ? resistor is connected to a variable-voltage power supply. What current flows in the resistor when the voltage is 15 V?
Expected value of the random variable : Expression used to compute an interval estimate of m may depend on any of the following factors except and expected value of the random variable
Explain and identify the food groups : A girl is celebrating her seventh birthday. Each guest is served one large slice of chocolate cake, a hamburger, French fries, and some oranges. Identify the food groups mentioned above.
Find admittance as appropriate for each branch : A quick description of R5 is needed before the next calculation can be completed. R5 is called a sampling resistor. R5 is put in series with the power supply so it shares the same current as the circuit. This is the TOTAL current
Explain what would the absorption of the solution : If the extinction coefficient of cobalt (II) ion is 5.0, what would the absorption of the solutioni in 2-a be in a 1.00cm cell
Find the capacitance in picofarads of the system : The two metal objects in the figure have net charges of +68 pC and -68 pC, which result in a 28 V potential difference between them, What is the capacitance in picofarads of the system

Reviews

Write a Review

Basic Statistics Questions & Answers

  Descriptive statistics and regression

The mean, median, and mode are the most common measures of dispersion (spread).

  Find distributed around the population mean the apples fall

A mean of 2.25 ounces and a standard deviation of 0.15 ounce. Between what two values (in ounces) symmetrically distributed around the population mean will 80% of the apples fall?

  Statistically significant evidence for true mean diameter

Is this statistically significant evidence that the true mean diameter is greater than 20 millimeters? Set up the hypothesis, and enter your P-value below, rounded to four decimal places.

  Determining joint probability distribution

Let X1 and X2 denote the proportion of two different chemicals found in a sample mixture of chemicals and used as an insecticide. Suppose X1 and X2 have the joint probability density function given by:

  Enhanced memory and problem-solving skills

What is wrong with this design? What confounds could be leading to the results of improved memory and problem-solving skills?

  Standard deviation of the ages

From a previous study, the standard deviation of the ages is known to be 3 years.

  Determining confidence interval for proportion of all voters

Determine a 95% confidence interval for proportion of all voters in favour of candidate.

  Study designs and validity threats

Explain and give examples of how the particular outcomes of a study can suggest if a particular threat is likely to have been present.

  An international marketer has said when political instabilit

An international marketer has said, "When political instability increases, the price of quality increases." Think about the potential issues with measurements and data collection. Is this a testable hypothesis?

  Probability for uniformly distributed random variable

The weekly output of a steel mill is a uniformly distributed random variable that lies between 110 and 175 metric tons. Compute the probability that the steel mill will produce more than 150 metric tons next week.

  Why bayes theorem important to business-related questions

What does this theorem allow you to do that traditional statistics do not? What are some prerequisites for using Bayesian statistics?

  Find degrees of freedom for a one-sample -statistic

You calculate that their mean monthly rent is $613 and their standard deviation is $96. What are the degrees of freedom for a one-sample -statistic?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd