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(A) Categorize the following as the example of nominal, ordinal, interval, or ratio level of measurement, and define why it represents this level: marital status of company's employees
(B) Find out if this data is qualitative or quantitative: Temperature
(C) In your own line of work, provide one example of discrete and one example of continuous random variable, and explain why each is continuous or discrete.
Claims arrive at random times to the insurance company. Determine the probability that amount of total claims over period of 100 days is at least $150,000.
They find that these 100 people lost an average of 38 hours with a standard deviation of 9.5 hours. What is the P-value for this significance test?
What is the 95% one-sided confidence interval for the average worker? What is the 95% predicted dose for a 95% one-sided confidence interval?
What is the probability of winning if the rules are changed so that in addition to selecting the correct five numbers, you must now select them in the same order they are drawn?
Describe the optimal solution to a linear programming problem. comprise the following constraints from a two -variable linear program.
The issue of how much should be spent to solve particular U.S. social problems is a complex matter, and people have diverse and conflicting ideas on these issues.
Plot the data on U.S. general aviation shipments (b) Describe the patterns and discuss possible causes.(c) Would a fitted trend be helpful? Explain. (d) Make a similar graph for 1992-2003 only.
Test the claim of the brewery about the mean volume equal to 32 oz. at the 0.05 significance level. It's your choice whether to use z or t.
Determine the p-value for this test. Is there sufficient evidence to justify the rejection of H0 at the "alpha" level of 0.01? Please explain your answer.
What does analysis of variance mean? One of the students answers this question as follows:
Computing the probability values for the given discrete distribution - What is the probability that you did not shake hands with a person with the flu
What happens to the probability of getting exactly 50% heads?
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