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Suppose that a percentage return for a given year for all stocks listed on the New York Stock Exchange are approximately normally distributed with a mean of 12.4 percent and a standard deviation of 20.6 percent. Consider drawing a random sample of n = 5 stocks from the population of all stocks and calculating the mean return, x bar, of the sampled stocks. Find the mean and the standard deviation of the sampling distribution of x bar, and find an interval containing 95.44 percent of all possible sample mean returns.
Based on these results, is there significant difference between attitudes for males and for females? Use two tailed test with alpha = .05.
You are told that 95% of the scores range between 300 and 660. Using the 68, 95,99.7 rule, what is the standard deviation of exam scores?
Determine the mean and standard deviation of this distribution?
What is the theoretical probability that Mr. Nerdly assigns 10 homework problems as a result of a randomly selected student playing the birthday game?
What percent of the time will a fully charged battery last at least 330 minutes. What is the probability that a random sample of n = 15 batteries results in a mean talk time of at least 330 minutes?
Compute the average number of delayed patients, Lq, for this system. The variance of the sum independent random variables is the sum of the variance.
If the sports report begins at 11:10, what is the probability that he misses part of the report if he waits until grading is done before turning on the TV?
If you were going to use multiple regression to develop an appraisal model, what other quantitative variables might be included in the model?
Think about how correlation is often miscast as causation. That is, cause is attributed to a variable when in fact.
Find the probability that number of college students who say they use credit cards because of there wards program is (a) exactly two, (b) more than two.
Test the hypothesis that the annual income of teachers in areas of more than 500,000 is significantly more than those in areas of less than 100,000. Use the 5% level of risk.
Is this a proper probability density function? How do you know? Find the mean, variance, and standard deviation of x, showing your work.
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