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1) Explain the difference between multiple independent variables and multiple levels of independent variables. Which is better? 2) What is blocking and how does it reduce "noise"? What is a disadvantage of blocking? <br> 3) What is a factor? How can the use of factors benefit a design? <br> 4) Explain main effects and interaction effects. <br> 5) How does a covariate reduce noise? <br> 6) Describe and explain three trade-offs present in experiments.<br>
A sample of 40 random weeks finds a weekly loss mean of $3200 with a standard deviation of $750. Test their claim at the a=0.05 level.
The use of linear regression is a critical tool for a manager's decision-making ability. Please carefully read the example below and try to answer the questions in terms of the problem context.
Once production is set up, 80 units can be produced per day. Daily demand rate for the units is 60 per day. a. What is the most economical number to produce per production run? b. How long is each production cycle?
Bay area community college (BACC) has collected data comparing the starting salaries of their graduating students with last names beginning with the letters A through M with those whose last names begin with N through Z.
Using the original data, estimate the population standard deviation with 90% probability.
The purchase of a coin-operated laundry is being considered by a potential entrepreneur. The present owner claims that over the past 5 years the average daily revenue has been $675 with a standard deviation of $75.
We have administered an anxiety test to all members of the class. The mean anxiety score is 71 and the standard deviation is 9. (higher score=higher anxiety)
Probability using Z-score.Find the probabilities that a random variable Z having a standard normal distribution will take on a value.
The level of glucose, x, in blood follows a normal distribution with mean = 13.8, and std dev = 2.6. What is the probability that in a healthy adult:
The Starbucks in the Bauer College of Business found that 24% of customers purchase more than one cup of coffee per day from their shop. If 180 customers are randomly selected one day, what is the probability that no less than 25% of them purchase..
Over many years of administering tests to my statistics students I have found that the overall average of the scores on the first exam that I give each semester is 76.
Using an alpha of .05, what can you conclude about homogeneity of variance from the output? Word process your responses on the SPSS output pages.
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