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Many educators feel their grades should fit a normal distribution and often apply curves to make them fit one. One way to do this is to convert numeric grades to z scores using the mean and standard deviation for the grades, then use an equation such as "newgrade = 70 + (z * 13)". Do you think grades should fit a normal curve? If you were a teacher, would you use one?
Suppose a research firm conducted a study to determine the average amount of money steady smokers spend on cigarettes during a week.
Then explain your answer to someone who has never had course in statistics (but who is familiar with mean, standard deviation, and Z scores.)
To findout the point estimate of the difference among population mean. Elucidate the percentage increase in the number of days on the disabled list.
As a sample size approaches infinity, how does the student's t distribution compare to the normal z distribution? When a researcher draws a sample from a normal distribution, what can one conclude about the sample distribution? Explain.
Assume that correlation coefficient between 2 variables is nearly zero. What does this say about relationship between them?
Given CAPM as the benchmark, is either of the two managers over-performing the market? What if you use the Sharpe Ratio as benchmark? Explain the answer carefully.
Compute the proper measure of association of smoking and lung cancer.
What is the probability that the mean contents of a six-pack are less than 12 ounces and what is the chance I find at most two defectives in the sample
If an applicant is randomly selected, find the probability of a rating that is between 200 and 275.
Of the adults in Jefferson County, 10 percent have had CPR training. For a randomly selected group of students from this county, how large will the group have to be in order for the probability that have as a minimum one group member has had CPR t..
Show that someone will think that the claim has more than a fifty percent chance of being true if p > q / (1 + q). Explain.
Setermine the probability that a specific driver had exactly two violations?
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